Federal Way, WA
Population 99,232 · Washington
About Federal Way, WA
Federal Way is a mid-sized city in Washington with a population of 99,232 residents. The median household income is $82,144 per year, which is above the national average. The median age in Federal Way is 37.6 years.
Housing in Federal Way has a median home value of $499,600 and median monthly rent of $1,738. Of the 38,251 total housing units, the majority are owner-occupied, with 20,262 owner-occupied and 16,134 renter-occupied units.
The unemployment rate in Federal Way is 5.9% and the poverty rate is 12.7%. 31.1% of residents hold a bachelor's degree or higher. The average commute time is 32.4 minutes.
How Federal Way Ranks in Washington
Cost of Living in Federal Way, WA
Compared to national averages, Federal Way has a median household income of $82,144 (9% above the national median of $75,149). Home values average $499,600, which is 104% above the national median. Monthly rent at $1,738 is 49% above the US average of $1,163. Within Washington, Federal Way's income is 10% below the state average of $90,795, and home values are 8% above the state median of $460,491.
Why Live in Federal Way, WA?
Federal Way offers a strong local economy with a median household income of $82,144, well above the national average.
Potential considerations include a competitive housing market where the typical home costs $499,600. However, as a mid-sized city, Federal Way provides access to a wide range of amenities and services.
Federal Way has a population of 99,232 with a median age of 37.6 years. Compare Federal Way with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Federal Way
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Yakima | 96,810 | $59,228 | $273,400 | Compare |
| Renton | 105,279 | $96,626 | $631,400 | Compare |
| Spokane Valley | 105,460 | $70,722 | $344,300 | Compare |
| Bellingham | 92,367 | $65,821 | $577,400 | Compare |
| Kirkland | 91,614 | $143,533 | $1,022,500 | Compare |
| Everett | 111,083 | $81,502 | $532,300 | Compare |
| Auburn | 85,455 | $95,367 | $510,400 | Compare |
| Kennewick | 84,389 | $72,867 | $343,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Federal Way
What is the population of Federal Way, WA?
The population of Federal Way, WA is 99,232 according to the latest Census data.
What is the median household income in Federal Way?
The median household income in Federal Way, WA is $82,144 per year.
What is the median home value in Federal Way?
The median home value in Federal Way, WA is $499,600.
What is the average rent in Federal Way?
The median monthly rent in Federal Way, WA is $1,738.
What is the unemployment rate in Federal Way?
The unemployment rate in Federal Way, WA is 5.9%.