Federal Way (zip 98023), Washington 

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Population

50,785

+6.8% since 2020

Unemployment Rate

7.1%

Cost of Living

135 / 100

Median Home Price

$584,500

Median Income

$87,820

Comfort Index (Climate)

9.4 / 5.5

summer / winter

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Best Places to Live in Federal Way (zip 98023), Washington

I. Overview of the Area \nA. Location and Geography \nB. Climate \nC. Demographics \nII. Living in 98023 Federal Way, WA \nA. Cost of Living \nB. Education and Employment Opportunities \nC. Recreational Activities \nD. Safety & Security Regional center - East shore of Puget Sound in west-central Washington.
Zip Codes: Federal Way (zip 98023)
Cost of Living: 35.0% higher
Time zone: Pacific Standard Time (PST)
Elevation: 125 ft above sea level


Federal Way, Wa Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Most Expensive HomesHomes less than 10 yrs old
All Single Family Homes
Pros
Attractive setting
Arts and culture
Nearby recreation
Cons
Sprawl and traffic
Clouds and rain
Cost of living

What Bert Has To Say About Seattle-Tacoma-Bellevue Metro Area

Seattle is a lively and cosmopolitan city beautifully set in a dramatic backdrop of water, forests and mountains. The main downtown area sits on a narrow, hilly strip of land between Puget Sound to the west and Lake Washington to the east. Modern skyscrapers rise on high hills in the city center, with residential units lining the lower areas along the water and north of downtown.


Highlights

ECONOMY
The unemployment rate in Federal Way (zip 98023) is 7.1% (U.S. avg. is 6.0%). Recent job growth is Positive. Federal Way (zip 98023) jobs have increased by 2.6%. More Economy

COST OF LIVING
Compared to the rest of the country, Federal Way (zip 98023)'s cost of living is 35.0% higher than the U.S. average. More Cost of Living or Compare Federal Way (zip 98023)'s Cost of Living

WEATHER & CLIMATE
August, July and September are the most pleasant months in the 98023 zip code, while December and January are the least comfortable months. Today's Weather | Climate Averages

VOTING
In the last Presidential election, King county remained overwhelmingly Democratic, 75.0% to 22.2%. More Voting Stats

POPULATION
Federal Way (zip 98023)'s population is 50,785 people. Since 2020, it has had a population growth of 6.9%. Learn More...

TRANSPORTATION
Average Commute time is 35.3 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Federal Way (zip 98023) is $584,500. Home appreciation the last 10 years has been 7.4%.

SCHOOLS
Federal Way (zip 98023) public schools spend $10,279 per student. The average school expenditure in the U.S. is $12,383. There are about 18.8 students per teacher in Federal Way (zip 98023). More Education



Best Places to Live in Federal Way Rankings


Housing Market in Federal Way

It's a good time to buy in Federal Way. Home Appreciation is up 7.4% in the last 12 months.
The median home price in Federal Way is $584,500.
See Homes

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MAPS OF FEDERAL WAY (ZIP 98023), WASHINGTON
Federal_Way,Washington County Map
ZIP CODES IN FEDERAL WAY (ZIP 98023), WASHINGTON
Federal Way (zip 98023)

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