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Olympia, Washington

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
55,951
Population
$81,302
Median Income
$486,200
Home Value
40.5
Median Age

Demographics

Olympia has a population of 55,951 with a median age of 40.5. Here is the racial and ethnic breakdown of the population:

White
74.3%
Hispanic
10.6%
Asian
6.9%
Other
5.2%
Black
3.0%
Demographic Value
Total Population55,951
Median Age40.5
White74.3%
Black or African American3.0%
Asian6.9%
Hispanic or Latino10.6%
Other / Two or More Races5.2%
Olympia, Washington — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 74.3%Hispanic/Latino: 10.6%Asian: 6.9%Other: 5.2%Black: 3.0%55,951PopulationWhiteWhite74.3%Hispanic/LatinoHispanic/Latino10.6%AsianAsian6.9%OtherOther5.2%BlackBlack3.0%

Income & Economy

The median household income in Olympia is $81,302, which is 0.9% above the national median of $80,610. The per capita income is $45,674. The poverty rate is 14.0%.

$81,302
Median Household Income
$45,674
Per Capita Income
14.0%
Poverty Rate

Employment

The unemployment rate in Olympia is 4.4%, compared to the national rate of 4.1%.

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Education

In Olympia, 96.5% of residents age 25+ have a high school diploma or higher, and 51.8% hold a bachelor's degree or higher (20.6% with a graduate or professional degree).

HS Diploma+
96.5%
Bachelor's+
51.8%
Graduate+
20.6%
Education Level % of Adults (25+)
High School Diploma or Higher96.5%
Bachelor's Degree or Higher51.8%
Graduate or Professional Degree20.6%

Housing

The median home value in Olympia is $486,200, above the national median of $303,400. The median monthly rent is $1,599. The homeownership rate is 49.8%.

$486,200
Median Home Value
$1,599/mo
Median Rent
49.8%
Homeownership Rate
Housing Metric Value
Median Home Value$486,200
Median Monthly Rent$1,599
Homeownership Rate49.8%
Vacancy Rate5.0%

Salaries in Washington

Explore salary data for popular occupations in Washington:

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Other Cities in Washington

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Frequently Asked Questions

What is the population of Olympia, Washington?
The population of Olympia, Washington is 55,951 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Olympia, Washington?
The median household income in Olympia, Washington is $81,302. This is 0.9% above the national median of $80,610.
What is the median home value in Olympia, Washington?
The median home value in Olympia, Washington is $486,200. The median monthly rent is $1,599.
What percentage of people in Olympia have a college degree?
In Olympia, Washington, 51.8% of adults age 25 and older hold a bachelor's degree or higher, and 96.5% have a high school diploma or higher.
Is Olympia, Washington an affordable place to live?
The home price-to-income ratio in Olympia, Washington is 6.0x (median home value $486,200 vs. median income $81,302), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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