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Federal Way Washington Real Estate By Jennifer Hershey

Federal Way Washington Real Estate

Federal Way, Washington, is located in King County, of , and 20 miles S of Seattle, Washington. Federal Way has a population of 83,259.

Federal Way Homes

Federal Way properties pool is 31,468 residential properties including Federal Way new homes. Median age of real estate in Federal Way is 1980. Average Household size is 3.17 people. 3% are one bedroom homes, 15% are 2 bedroom homes, 48% are 3 bedroom homes, 27% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Federal Way Mortgage Statistics

Federal Way mortgages vs. USA median statistics

Homes Federal Way USA
Homes With No Mortgage 15%
30%
Homes With Mortgage 85%
70%
First Mortgage Only 63%
54%
First & Second Mortgage or HELOC 22%
16%

Federal Way Area Real Estate Tax

Federal Way Real estate Tax: Median Real Estate Taxes (2000) were $2,168 comparing to 1999 Median Family income $ 55,833. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Federal Way School District: Children make up 28.2% of Federal Way population. Federal Way has 23,511 under 18 years old residents, or 0.57 kids per one worker, or 0.75 kids per one household.

Federal Way Real Estate & Federal Way Homeownership

There are 7867 or 25% one person households, 10069.76 or 32% two person households, and 5349.56 or 17% three person households in Federal Way, Washington. Median residents age is 32.5, Senior citizens (65+) make up 6,366 or 7.6%% of Federal Way population.

There are 41,259 workers (over 16 years of age) in Federal Way. Of these, 89.18% drive to work. Approximately 5.87% of workers in Federal Way take public transportation. An estimated 1.27% walk to work.

Median Federal Way homeowner's housing expences are 21.8%

Crime in Federal Way (2003), crimes per 10,000 residents per year

Type of Crime Federal Way USA, 2003
Violent Crimes
35.67
47.5
Robberies
15.01
14.2
Aggravated Assaults
14.41
29.5
Property Crimes
603.06
358.8
Burglaries
80.71
74.0
Larceny-Thefts
377.74
241.5
Motor Vehicle Thefts
144.61
43.3

Invest in Federal Way Properties

When making a decision about buying real estate in Federal Way Washington area, you should consider following statistical data:

Category Federal Way USA
Near Medium City
-
Near Large City
Seattle, Washington
-
Federal Way Zip Codes
98001, 98003, 98023
-
Federal Way Area Codes
253
-
White population
68.84%
75.1%
African-American population
7.94%
12.3%
Asian
12.29%
3.6%
American Indian & Alaskan
0.89%
0.9%
Hispanic (of any race)
7.53%
12.5%
Median Family Income (1999)
$ 55,833%
$42,000
Population Below Poverty Level
9.24%
12.4%

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