Soap Lake, WA · standard
ZIP Code 98851
Grant County, Washington - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,014
- 10/sq mi
- $63,333
- Median income
- $242,800
- Median home value
- 14.6%
- Bachelor's or higher
The verdict
Soap Lake pairs a below-median household income with above-median home values, in a rural, homeowner-dominated area.
- 35th pct
- household income, US ZIPs
- Top 44%
- home value, US ZIPs
- 10
- people per sq mi
- 67%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 98851 against every reporting US ZIP.
ZIP code 98851 covers 409.6 square miles in Soap Lake, Grant County, Washington (a standard USPS delivery area), with a modest 4,014 residents on file, a density of 10 people per square mile, in the Los Angeles time zone.
ZIP 98851 reports a modest median household income of $63,333 (30% below the Washington average), while per-capita income is $34,580. Poverty here runs at 17.7%, with unemployment measured at 9.2%. On housing, the median home value is $242,800 (53% below the state average) with median rent at $1,001 per month, and 66.5% of occupied units are owner-occupied.
Formal educational attainment runs low here: just 14.6% of adults hold a bachelor's degree or higher, the median age is 35.9, and the average commute is -. The state and national benchmarks above give 98851's numbers context; they should not be read in isolation.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 98851
Top 5 sectors by establishment count in Soap Lake, WA
Which industries have the most business establishments in ZIP 98851.
- Construction
Construction
10 establishments
- Accommodation and food services
Accommodation and food services
8 establishments
- Transportation and warehousing
Transportation and warehousing
6 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
5 establishments
- Arts, entertainment, and recreation
Arts, entertainment, and recreation
4 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 98851, Soap Lake, WA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
4,014
Population
409.6
Area (sq mi)
10
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 98851?
35.9
Median Age
54.5%
Male
45.5%
Female
16.4%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$63,333
Median Household Income
-30% vs state
$34,580
Per Capita Income
17.7%
Poverty Rate
9.2%
Unemployment Rate
How ZIP 98851 ranks nationally
Soap Lake, WA household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$63,333 35th percentile higher than 35% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
2,003
Total Housing Units
1,604
Occupied Units
399
Vacant Units
2.73
Avg Household Size
Occupancy Type
$242,800
Median Home Value
-53% vs state
$1,001
Median Rent
1974
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+24.3%
YoY Change (2024)
310
HPI Index (2000 = 100)
+210%
Total Change Since 2000
Home values in ZIP 98851 have increased 24.3% over the past year (2024). Since 2000, this ZIP has seen +210% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | -5.2% | 181 |
| 2021 | +22.1% | 221 |
| 2022 | +11.9% | 248 |
| 2023 | +0.7% | 249 |
| 2024 | +24.3% | 310 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 44 business establishments in ZIP 98851, employing approximately 169 people with a combined annual payroll of $7,180,000.
44
Businesses
169
Employees
$7.2M
Annual Payroll
6
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 10 | 22.7% |
| Accommodation and food services | 8 | 18.2% |
| Transportation and warehousing | 6 | 13.6% |
| Real estate and rental and leasing | 5 | 11.4% |
| Arts, entertainment, and recreation | 4 | 9.1% |
| Retail trade | 3 | 6.8% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
More ZIP Codes in Grant County
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Frequently Asked Questions
What county is ZIP code 98851 in? ▼
What is the population of ZIP code 98851? ▼
What is the median household income in ZIP 98851? ▼
What is the average home value in ZIP 98851? ▼
What is the demographic makeup of ZIP 98851? ▼
How many businesses are in ZIP code 98851? ▼
What are the main industries in ZIP code 98851? ▼
How have home values changed in ZIP code 98851? ▼
What is the education level in ZIP code 98851? ▼
What percentage of residents own vs. rent in ZIP 98851? ▼
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Read our methodology to see how this data is sourced, computed, and verified.