Area Insights of Lacey, WA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 1%, reflecting steady buyer interest. A total of 389 homes were sold with 90 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Lacey, WA

Date

04-05-2023

Price Ratio

101%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

The Paramount Christian Academy School

PK to 8

Paramount Christian Academy

PK to 8

Faith Lutheran School

KG to 8

Faith Lutheran School

PK to 8

Community Christian Academy/Northwest Christian High School

KG to 8

Middle School

Salish Middle School

6 to 8

Ratings

C

Aspire Middle School

6 to 8

Ratings

A-

Chinook Middle School

6 to 8

Ratings

C-

Komachin Middle School

6 to 8

Ratings

C

Nisqually Middle School

6 to 8

Ratings

D

High School

Envision Career Academy

9 to 12

Ratings

D+

River Ridge High School

9 to 12

Ratings

C

Timberline High School

9 to 12

Ratings

B-

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 12% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (40,463)
19,337 Male
21,126 Female
Education
26% High School
12% Associate
21% Bachelor
10% Graduate
Age

Average Age is 39 Years

Household Details

The area's household landscape is diverse, with 58% owner-occupied homes and 42% renter-occupied properties. Family households represent 62% of the population, indicating a strong community focus on family living. The average home value stands at $491,440, which suggests ample demand for multi-bedroom properties.

Total Households
16,920
Average home value
$491,440
Owned
58%
Rented
42%
Vacant
5%
Families
62%
Married
44%
With children
28%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 10% Asian, 5% Black, and 1% Native residents, alongside 65% White and 13% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 34% of households earning over $100,000 annually, while 37% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
1%
Healthcare
13%
Professional
5%
Education
8%
Services
35%
Labor
15%
Retail
15%
Other
8%
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