Income & Economy in Federal Way, WA

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$82,144

+12% vs national

Per Capita Income

$39,547

+6% vs national

Poverty Rate

12.7%

-7% vs national

Gini Index

0.4339

0 = perfect equality

Unemployment

5.9%

+13% vs national

SNAP Recipients

16.6%

of households

How Federal Way Compares

Source: Census ACS (2023)

Federal Way vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 50,000 - 100,000 residents. Federal Way is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Federal Way. The median household income here is $82,144.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
13.3%
$25-50K
14.5%
$50-75K
16.9%
$75-100K
14.0%
$100-150K
21.5%
$150-200K
7.7%
$200K+
12.0%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

5.9%

+11% vs WA avg

Labor Force

51,743

Employed

48,516

Mean Commute

28 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

21.3%

of adults 25+

High School Diploma+

39.6%

of adults 25+

Median Age

37.6

Work from Home

12.5%

of workers

The median household income in Federal Way, WA is $82,144, which is 12.2% above the national average of $73,224. Per capita income is $39,547. The poverty rate of 12.7% is higher than the WA state average of 10.4%. The Gini index of income inequality is 0.4339, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.9%, compared to the state average of 5.3%. 21.3% of adults hold a bachelor's degree or higher. The average commute time is 28 minutes, with 12.5% working from home.