ZIP Code 98516

In ZIP code 98516, near Olympia, households earn a median of $98,892, while per-capita income reaches $47,679. Homes here carry a median value of $572,500, and the county-level property tax rate of 0.88% means annual taxes on such a home would run roughly $5,038. Shoppers pay a combined sales tax of 9.80%, which adds nearly a dime on every dollar spent locally. Together, these figures sketch a fairly high-income area where real estate values and purchase taxes both run above many parts of the state, even as the property tax rate itself stays below one percent.