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Thurston County · Washington

ZIP code 98503

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 98503 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
42,189

ZCTA residents

Median income
$87,515

Household, past 12 months

Median home
$407,700

Owner-occupied value

Sales tax
6.5%

Washington state rate

Quick answer

ZIP 98503 sits in Thurston County, Washington and is home to 42,189 people. Median household income is $87,515, the median home is worth $407,700 and median gross rent is $1,673. 58.7% of households own their home, and purchases are taxed at 6.5% (Washington state rate).

County
Thurston County

FIPS 53067

State
Washington (WA)

605 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 98503

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
42,189ZIP 98503 residents
Median household income
$87,515Past 12 months, inflation adjusted
Median home value
$407,700Owner-occupied units
Median gross rent
$1,673Rent plus utilities, monthly
Median age
40.6 yrsAll residents
Homeownership rate
58.7%Owner-occupied households

ZIP 98503 in context

How this area compares with national benchmarks.

ZIP 98503 is a small city in Thurston County, Washington, with 42,189 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #36 of 605 ranked by population — larger than 94% of them. The median age here is 40.6 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in ZIP 98503 earn a median of $87,515 a year, 11.4% above the national figure of $78,538. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 9.8% of residents here, below the 12.4% national rate.

The typical owner-occupied home in ZIP 98503 is valued at $407,700, 34.4% above the national figure, while median gross rent runs $1,673 a month, 19% above the national figure, or roughly $20,076 across a full year. A household on the local median income would put about 22.9% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 4.7×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 58.7% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Reading ZIP 98503 in context

How 98503 sits inside Thurston County and Washington.

ZIP 98503 is tabulated inside Thurston County, Washington, one of 14 ZIP areas the Census publishes for that county and 605 across Washington. This is a dense urban ZIP, where a single postal boundary can hold more residents than an entire rural county. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 98503 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 98503 reports a median household income of $87,515, 6% below the $92,965 county median, and 8% above the $80,861 typical WA ZIP. Owner-occupied homes are valued at a median of $407,700, 5% below the county figure and 3% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,673 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

Washington charges 6.5% statewide, and local governments overlapping 98503 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 98503 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.

Sales tax in 98503

What a purchase inside this ZIP costs at checkout.

Rate applied
6.5%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$65Before any exemptions

Washington levies 6.5% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
23%Median rent ÷ median income
Price-to-income
4.7×Home value ÷ household income
Est. mortgage
$2,115/mo20% down, 30-yr at 6.75%
Poverty rate
9.8%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 98503 compares

ZIP 98503 against the median ZIP in Thurston County and across Washington.

MeasureZIP 98503County medianState medianvs state
Median household income$87,515$92,965$80,861+8%
Median home value$407,700$431,000$421,200-3%
Median gross rent$1,673$1,505$1,305+28%
Population42,18922,5974,632+811%

Medians are computed across the 14 ZIP areas in Thurston County and the 605 ZIP areas in Washington.

Statewide rank

Where this ZIP places among all 605 Washington ZIP areas.

Income

richer than 59% of 556 state ZIPs

#229
Home value

above 47% of 548 state ZIPs

#292
Population

larger than 94% of 605 state ZIPs

#36

Comparable ZIP codes

Washington ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
98651Skamania County$87,419$571,000$1,089
98619Klickitat County$87,679$271,400$781
98502Thurston County$87,154$496,500$1,569
98294Snohomish County$87,981$462,500$1,533
98148King County$86,994$576,400$1,837
98684Clark County$88,044$442,100$1,847

Nearby ZIP codes

Other ZIP codes filed under Thurston County.

Adjacent ZIP Codes

Other ZIP codes in Thurston County, Washington.

ZIP 98503 questions

Common questions about this ZIP code.

Where is ZIP code 98503?
ZIP 98503 lies mostly in Thurston County, Washington. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 98503?
Washington charges 6.5% statewide, plus any county, city or district rate that applies locally.
Is 98503 expensive to live in?
Median rent runs $1,673 a month, about 23% of median household income, and the median home is worth $407,700 — -3% against the typical Washington ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 98503, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.