According to statistics, the population in Federal Way, WA amounts to 94,905, which shows decline 1% compared to the previous year. The median age of the city’s residents is 36. The average household income is $62,086, shifting growth 5% from the past year, and the average property value in Federal Way, WA growth 8% to $280,700 throughout the year.
Population | 94,905 |
Median Age | 36.4 |
Poverty Rate | 12% |
Household Income | $62,086 |
Number Of Employees | 47,290 |
Median Property Value | $280,700 |
The average household income in Federal Way, WA grew from $58,855 to $62,086 in the past year. This data is an estimate based upon 34,755 households in Federal Way, WA . The chart below presents how household income is distributed in Federal Way, WA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Federal Way, WA shifted from $259,300 to $280,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Federal Way, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Federal Way, WA properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Federal Way, WA compared to median property taxes around the country. The prevalent amount of property taxes in Federal Way, WA equals $3000, which is less than the national average.