The ZIP Code 98498 is associated with the city of Lakewood in Washington in Pierce County. Median househould income in this region is $67,201, while about 7% of the population lives below the poverty line. The median age in 98498 is estimated to at 39.8 years, and about 22.8% of residents are aged 62 years and older. It is estimated that about 27.6% of residents in this Washington region hold a bachelor's degree or higher, while the per capita income is approximately $34,745. The current population estimate is 28,754.
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The median household income in ZIP Code 98498 is $67,201, while the region's mean household income is $85,888. Breaking income down further, per capita income in the region is $34,745. The per capita income in ZIP Code 98498 of $34,745 is approximately 10.72% less than the per capita income in the U.S. overall of $38,915. An estimated 6.5% of the population is living below the poverty line in this region. This rate is approximately 31.58% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 24.6% of the population in 98498 earn $50,000 to $74,999 per year, while an estimated 18.7% earn $100,000 to $149,999 per year, and 1.6% of 98498 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 3.6% |
| $10,000 to $14,999 per year | 1.6% |
| $15,000 to $24,999 per year | 7.3% |
| $25,000 to $34,999 per year | 6.7% |
| $35,000 to $49,999 per year | 12.9% |
| $50,000 to $74,999 per year | 24.6% |
| $75,000 to $99,999 per year | 13.7% |
| $100,000 to $149,999 per year | 18.7% |
| $150,000 to $199,999 per year | 5.8% |
| $200,000 or more per year | 5.1% |
In ZIP Code 98498, 93.6% of the population graduated high school, while 27.6% have a bachelor's degree or higher. In this region, 1.4% achieved an education level less than 9th grade, while 10.4% hold a graduate or professional degree. Approximately 25.6% in this Pierce County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.4% |
| 9th to 12th grade, no diploma | 5.0% |
| High school graduate (includes equivalency) | 25.6% |
| Some college, no degree | 25.9% |
| Associate's degree | 14.5% |
| Bachelor's degree | 17.2% |
| Graduate or professional degree | 10.4% |
Looking at race in the population that makes up ZIP Code 98498, 90.6% is one race, while 9.4% are two or more races. Approximately 11.3% of 98498 residents are hispanic or Latino (of any race). The most common race in 98498 (race alone or in combination with one or more other races), is White (74.2%), followed by Black or African American (15.8%) .
| Industry | Percent |
|---|---|
| White | 74.2% |
| Black or African American | 15.8% |
| American Indian and Alaska Native | 1.7% |
| Asian | 13.3% |
| Native Hawaiian and Other Pacific Islander | 2.7% |
| Some other race | 2.9% |
The median home value in ZIP Code 98498 in March 2024 comes in at $529,642. The March 2024 value is approximately 1% higher than the $522,729 median value in October 2023, and 4% higher than the $507,118 median value in April 2023. Regarding the age of homes in ZIP Code 98498, an estimated 21.5% of homes were built between 1970 and 1979. Additionally, 20.1% of homes in the region were built between 1960 and 1969, while an estimated 1.2% of homes were built between 2010 and 2013 in this Pierce County region.
| Month | Home value |
|---|---|
| Mar 2024 | $529,642 |
| Feb 2024 | $526,693 |
| Jan 2024 | $525,101 |
| Dec 2023 | $523,979 |
| Nov 2023 | $523,319 |
| Oct 2023 | $522,729 |
| Sep 2023 | $521,223 |
| Aug 2023 | $518,974 |
| Jul 2023 | $515,163 |
| Jun 2023 | $511,502 |
| May 2023 | $508,325 |
| Apr 2023 | $507,118 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.8% |
| Built between 2010 and 2013 | 1.2% |
| Built between 2000 and 2009 | 5.2% |
| Built between 1990 and 1999 | 12.4% |
| Built between 1980 and 1989 | 11.0% |
| Built between 1970 and 1979 | 21.5% |
| Built between 1960 and 1969 | 20.1% |
| Built between 1950 and 1959 | 16.5% |
| Built between 1940 and 1949 | 4.4% |
| Built in 1939 or earlier | 5.9% |
Residents of ZIP Code 98498 are older than average. The median age of 39.8 years in ZIP Code 98498 is approximately 4.46% higher than the overall median age in the U.S. of 38.1 years. About 80.5% of residents are aged 18 years and older, and 22.8% of residents are 62 years and over. Approximately 17.2% of the population in 98498 falls in the age group 25 to 34 years, while an estimated 13.0% are aged 45 to 54 years. On the low end of the scale, 2.3% of 98498 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.4% |
| 5 to 9 years | 5.8% |
| 10 to 14 years | 4.5% |
| 15 to 19 years | 4.3% |
| 20 to 24 years | 6.7% |
| 25 to 34 years | 17.2% |
| 35 to 44 years | 10.0% |
| 45 to 54 years | 13.0% |
| 55 to 59 years | 6.6% |
| 60 to 64 years | 8.1% |
| 65 to 74 years | 9.8% |
| 75 to 84 years | 5.4% |
| 85 years and over | 2.3% |
One of the leading chronic health issues in ZIP Code 98498 is high cholesterol, as an estimated 36.0% of adults aged 18 and older deal with this issue. Another chronic health issue of concern for residents of 98498 is high blood pressure, as approximately 32.4% of adults 18 and older in this Pierce County region contend with that issue.
| Health Issue | Percent of adults* |
|---|---|
| Arthritis | 28.5% |
| High blood pressure | 32.4% |
| Cancer (excluding skin cancer) | 7.0% |
| Current asthma | 10.9% |
| Coronary heart disease | 5.6% |
| Diagnosed diabetes | 10.8% |
| High cholesterol | 36.0% |
| Chronic kidney disease | 3.2% |
| Stroke | 3.1% |
One of the top preventative health measures in ZIP Code 98498 is current access to health insurance, as an estimated 92.2% of adults 18 and older take part in this preventive measure. Additionally, 83.6% of those 18 and above in 98498 list cholesterol screening, as a preventive measure. Common health risk behaviors in 98498 include obesity (33.4% of adults aged 18 and above) and sleeping less than 7 hours (32.4% of those 18 and older).
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 92.2% |
| Taking medicine for high blood pressure control | 72.8% |
| Visits to doctor for routine checkup | 67.5% |
| Cholesterol screening | 83.6% |
| Visits to dentist or dental clinic | 66.1% |
| Risk Behavior | Percent of adults* |
|---|---|
| Binge drinking | 15.4% |
| Current smoking | 13.6% |
| No leisure-time physical activity | 19.4% |
| Obesity | 33.4% |
| Sleeping less than 7 hours | 32.4% |
In 98498, 59.1% of the population is in the labor force. Recent estimates place 4.5% as working from home, while the total labor force in the region has a mean travel to time to work of 31.0 minutes. Approximately 26.8% of the employed population 16 years and over in 98498 work in educational services, and health care and social assistance, while an estimated 10.9% work in public administration. On the lower end of the scale, just 0.5% of 98498 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.5% |
| Construction | 7.4% |
| Manufacturing | 6.4% |
| Wholesale trade | 3.2% |
| Retail trade | 9.4% |
| Transportation and warehousing, and utilities | 5.2% |
| Information | 1.2% |
| Finance and insurance, and real estate and rental and leasing | 6.0% |
| Professional, scientific, management, and administrative | 9.9% |
| Educational services, and health care and social assistance | 26.8% |
| Arts, entertainment, and recreation, and accommodation and food services | 8.6% |
| Other services, except public administration | 4.4% |
| Public administration | 10.9% |
In ZIP Code 98498, 82.5% of the population lists "English only" as the language spoken in home, while 5.4% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 2.2% of homes, and other Indo-European languages are spoken in 8.3% of homes. Lastly, 1.7% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Pierce County region.
| Language Spoken | Percent |
|---|---|
| English only | 82.5% |
| Spanish | 5.4% |
| Other Indo-European languages | 2.2% |
| Asian and Pacific Islander languages | 8.3% |
| Other languages | 1.7% |
Regarding consumer complaints about financial products in ZIP Code 98498, credit reporting or credit repair services have received the most complaints in 98498 in the past 12 months. Checking or savings account received the second most complaints. The most frequent complaint overall in this Pierce County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 17 |
| Checking or savings account | 5 |
| Mortgage | 4 |
| Debt collection | 3 |
| Credit card or prepaid card | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 11 |
| Problem with a credit reporting company's investigation | 6 |
| Attempts to collect debt not owed | 3 |
| Managing an account | 3 |
| Trouble during payment process | 3 |
| Other | 4 |
Regarding solar power potential, ZIP Code 98498 has an average daily solar radiation level of 3.94 kWh/m2/day. This is approximately 4.37% less than an area in the U.S. with historically low solar radiation levels (WA), and about 40.21% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 98498 | 10.36¢/kWh | 9.46¢/kWh | 3.78¢/kWh |
| Washington | 11.4¢/kWh | 10.74¢/kWh | 6.51¢/kWh |
| United States | 16.1¢/kWh | 12.81¢/kWh | 7.81¢/kWh |
| Month | ZIP Code 98498 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 1.78 | 1.9 | 5.84 |
| Feb | 2.64 | 3 | 6.31 |
| Mar | 3.53 | 3.65 | 7.02 |
| Apr | 4.87 | 5.13 | 7.3 |
| May | 5.17 | 5.17 | 7.13 |
| Jun | 5.39 | 5.72 | 6.95 |
| Jul | 6.06 | 6.22 | 6.51 |
| Aug | 5.91 | 6.08 | 6.65 |
| Sep | 5.16 | 5.15 | 7.02 |
| Oct | 3.15 | 3.32 | 6.92 |
| Nov | 2.04 | 2.33 | 5.99 |
| Dec | 1.63 | 1.78 | 5.46 |