ZIP 98023 vs ZIP 98003

Source:

Federal Way, WA — Federal Way, WA

This side-by-side compares ZIP 98023 (Federal Way, WA) and ZIP 98003 (Federal Way, WA) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 98023 has a population of 47,510 at 1,775 people per square mile, while ZIP 98003 has 44,151 at 1,466 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 98023 reports a median household income of $104,893 against $75,319 in ZIP 98003, with per-capita income of $46,636 vs $35,775. The share of adults holding a bachelor's degree or higher is 33.9% in 98023 and 27.6% in 98003. Poverty rate reads 9.0% vs 15.7%, and unemployment 3.8% vs 6.9% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $589,900 in 98023 versus $476,600 in 98003, with median rent of $1,900 and $1,723 per month respectively. Homeownership rate is 65.6% vs 46.9%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.

Compare different ZIP codes:

vs
Metric
98023
Federal Way, WA
98003
Federal Way, WA
Population 47,510 44,151
Median Household Income $104,893 $75,319
Per Capita Income $46,636 $35,775
Median Age 38.6 35.7
Bachelor's Degree or Higher 33.9% 27.6%
Poverty Rate 9.0% 15.7%
Unemployment Rate 3.8% 6.9%
Median Home Value $589,900 $476,600
Median Rent (monthly) $1,900 $1,723
Homeownership Rate 65.6% 46.9%
Population Density (per sq mi) 1,775 1,466

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

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98023
Federal Way, WA
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98003
Federal Way, WA
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What are common questions about this comparison?

How do ZIP codes 98023 and 98003 compare?
ZIP 98023 (Federal Way, WA) has a population of 47,510 and a median household income of $104,893. ZIP 98003 (Federal Way, WA) has a population of 44,151 and a median household income of $75,319.
Which ZIP code has higher income, 98023 or 98003?
ZIP 98023 (Federal Way, WA) has a higher median household income of $104,893 compared to $75,319 for ZIP 98003.
How do I compare two ZIP codes on PlainZIP?
Visit plainzip.com/compare, enter two 5-digit U.S. ZIP codes, and click Compare. You can also navigate directly to /compare/XXXXX-vs-YYYYY to share a specific comparison.

All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.