Area Insights of 98122, Seattle, WA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 445 homes were sold with 77 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

98122, Seattle, WA

Date

05-27-2023

Price Ratio

100%

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

Seattle Classical Christian School

PK to 8

Epiphany School

PK to 5

Seattle Amistad School

PK to 8

St Therese Catholic Academy

PK to 8

Middle School

No schools available

High School

Nova High School

9 to 12

Ratings

B

Seattle World School

6 to 12

Ratings

F

Garfield 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 23% 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 (42,562)
22,464 Male
20,098 Female
Education
7% High School
5% Associate
41% Bachelor
31% Graduate
Age

Average Age is 32 Years

Household Details

The area's household landscape is diverse, with 28% owner-occupied homes and 72% renter-occupied properties. Family households represent 28% of the population, indicating a strong community focus on family living. The average home value stands at $997,018, which suggests ample demand for multi-bedroom properties.

Total Households
24,062
Average home value
$997,018
Owned
28%
Rented
72%
Vacant
7%
Families
28%
Married
20%
With children
11%

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 17% Asian, 10% Black, and 1% Native residents, alongside 57% 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 47% of households earning over $100,000 annually, while 24% 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
3%
Healthcare
12%
Professional
25%
Education
12%
Services
17%
Labor
9%
Retail
12%
Other
10%
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