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ZipNumbers

Washington · Census place 23515

Federal Way city, WA

Quick answer

Federal Way city has 99,232 residents, ranking #10 of 639 places in Washington. Median household income is $82,144, the median home is worth $499,600 and median gross rent runs $1,738 a month.

Population
99,232Federal Way city residents
Median household income
$82,144Past 12 months, inflation adjusted
Median home value
$499,600Owner-occupied units
Median gross rent
$1,738Rent plus utilities, monthly
Median age
37.6 yrsAll residents
Homeownership rate
55.7%Owner-occupied households

What the numbers mean in Federal Way city

Housing cost measured against local earnings.

A household earning the Federal Way city median would spend about 25.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.7% of residents and 55.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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