Area Insights of 98012, Bothell, 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 933 homes were sold with 132 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

98012, Bothell, WA

Date

05-16-2023

Price Ratio

99%

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

Light of Faith Christian Academy

KG to 8

Middle School

Heatherwood Middle School

6 to 8

Ratings

B-

High School

Lynwood High School

9 to 12

Ratings

B

Henry M. Jackson High School

9 to 12

Ratings

A

North Creek High School

9 to 12

Ratings

A

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 29% 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 (75,651)
38,257 Male
37,394 Female
Education
13% High School
10% Associate
33% Bachelor
21% Graduate
Age

Average Age is 36 Years

Household Details

The area's household landscape is diverse, with 70% owner-occupied homes and 30% renter-occupied properties. Family households represent 77% of the population, indicating a strong community focus on family living. The average home value stands at $1,023,809, which suggests ample demand for multi-bedroom properties.

Total Households
28,874
Average home value
$1,023,809
Owned
70%
Rented
30%
Vacant
3%
Families
77%
Married
65%
With children
43%

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 30% Asian, 3% Black, and 0% Native residents, alongside 51% White and 9% 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 66% of households earning over $100,000 annually, while 21% 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
12%
Professional
18%
Education
8%
Services
19%
Labor
20%
Retail
14%
Other
9%
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