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Economy, jobs and prices in Federal Way, Washington: official figures

The median household income in Federal Way was $86,909 a year in the 2020-2024 American Community Survey (in 2024 dollars), 346th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Washington median $98,141.

Median household income
$86,909
2020-2024
Unemployment rate (ACS)
5.4%
2020-2024
Mean travel time to work
32.1 min
2020-2024
Median gross rent (monthly)
$1,797
2020-2024
Median home value (owner-occupied)
$552,800
2020-2024
Homes occupied by their owners
55.3%
2020-2024
Households with a broadband subscription
94.0%
2020-2024

What is the per capita income in Federal Way?

Income per resident (per capita income) in Federal Way averaged $40,975 a year in 2020-2024, 403rd highest of 823 US cities of 50,000 or more (US: $44,673; Washington: $53,744).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Federal Way?

Federal Way's Gini index of household income inequality was 0.433 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 290th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Federal Way, Washington?

5.4% of the civilian labor force in Federal Way was unemployed on average over 2020-2024 (2,845 people), 383rd highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Washington's 5.1%.

Source: U.S. Census Bureau · saved copy

What share of people in Federal Way are working?

65.9% of Federal Way's 79,829 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 399th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Federal Way have jobs?

49,666 residents of Federal Way held civilian jobs, 62.2% of those aged 16 and over (US: 59.7%), and 130 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Federal Way?

The largest industry group for working residents of Federal Way was education, health care and social assistance (20.9% of employed residents), followed by retail trade (12.7%) and manufacturing (10.8%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Federal Way work in manufacturing?

Manufacturing employed 10.8% of working residents of Federal Way, 272nd highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 10.0% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Federal Way, Washington?

Commuters in Federal Way took 32.1 minutes on average to get to work in 2020-2024, 79th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 14.6% travelled an hour or more and 17.0% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Federal Way get to work?

13.7% of workers living in Federal Way worked from home in 2020-2024, 411th highest of 823 US cities of 50,000 or more (US: 15.1%). 66.5% drove to work alone, 12.1% carpooled, 4.5% used public transport and 2.1% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Federal Way, Washington?

The median gross rent (rent plus utilities) in Federal Way was $1,797 a month in 2020-2024, 274th highest of 823 US cities of 50,000 or more (US: $1,413; Washington: $1,760).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Federal Way?

Owner-occupied homes in Federal Way had a median value of $552,800 in 2020-2024 as estimated by their owners, 221st highest of 823 US cities of 50,000 or more (US: $332,700; Washington: $564,600).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Federal Way?

The median home value in Federal Way was 6.4 times the median household income, 179th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Federal Way, Washington own their home?

55.3% of the 35,717 occupied homes in Federal Way were lived in by their owners in 2020-2024 and 15,960 were rented, 333rd lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Washington: 63.8%).

Source: U.S. Census Bureau · saved copy

What share of homes in Federal Way have broadband?

94.0% of households in Federal Way had a broadband internet subscription of some type in 2020-2024, 281st highest of 823 US cities of 50,000 or more (US: 91.0%; Washington: 93.6%).

Source: U.S. Census Bureau · saved copy

How many households in Federal Way have no internet?

4.3% of households in Federal Way (1,544) had no internet access at home in 2020-2024, 356th lowest of 823 US cities of 50,000 or more (US: 6.5%); 13.6% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Federal Way compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Federal Way ranks 346 of 823, highest first.

RankCityMedian household income (2024 dollars)
343Burnsville$87,024
344Revere$86,969
345Concord$86,921
346Federal Way$86,909
347Broken Arrow$86,765
348Rogers$86,728
349West Des Moines$86,594
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Federal Way ranks 403 of 823, highest first.

RankCityPer capita income (2024 dollars)
400Revere$41,127
401Bethlehem$41,031
402Antioch$41,008
403Federal Way$40,975
404West New York$40,965
405Aurora$40,937
406Galveston$40,926
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Federal Way ranks 534 of 823, highest first.

RankCityGini index of household income inequality
531Doral0.433
532Lancaster0.433
533Clovis0.433
534Federal Way0.433
535Grand Rapids0.432
536Meriden0.432
537Whittier0.432
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Federal Way ranks 383 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
380Huntington Beach5.4%
381Loveland5.4%
382Boynton Beach5.4%
383Federal Way5.4%
384Oak Lawn5.4%
385Fort Collins5.4%
386Whittier5.4%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Federal Way ranks 399 of 823, highest first.

RankCityLabor force participation rate (16 and over)
396Passaic66.0%
397Gardena66.0%
398Amarillo66.0%
399Federal Way65.9%
400Mount Prospect65.9%
401Mishawaka65.9%
402Troy65.9%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Federal Way ranks 79 of 823, highest first.

RankCityMean travel time to work (minutes)
76Wellington32.1
77Mesquite32.1
78Miami Gardens32.1
79Federal Way32.1
80Rialto31.9
81Union City31.9
82Pomona31.8
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Federal Way ranks 411 of 823, highest first.

RankCityWorkers who worked from home
408Edmond13.7%
409Kent13.7%
410West New York13.7%
411Federal Way13.7%
412Coon Rapids13.7%
413Marysville13.6%
414Florissant13.6%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Federal Way ranks 113 of 823, highest first.

RankCityWorkers commuting by public transportation
110New Orleans4.5%
111Waltham4.5%
112Champaign4.5%
113Federal Way4.5%
114Lancaster4.3%
115Tinley Park4.3%
116Hillsboro4.3%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Federal Way ranks 272 of 823, highest first.

RankCityEmployed residents working in manufacturing
269Eagan10.8%
270Tracy10.8%
271Plainfield10.8%
272Federal Way10.8%
273St. Cloud10.8%
274Clarksville10.8%
275Alameda10.8%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Federal Way ranks 585 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
582Anaheim21.0%
583Everett20.9%
584Hawthorne20.9%
585Federal Way20.9%
586Hoffman Estates20.9%
587Waterloo20.8%
588Lehi20.8%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Federal Way ranks 274 of 823, highest first.

RankCityMedian gross rent per month
271Meridian$1,805
272Palmdale$1,802
273Wheaton$1,799
274Federal Way$1,797
275Georgetown$1,795
276Clovis$1,792
277Miami Gardens$1,787
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Federal Way ranks 221 of 823, highest first.

RankCityMedian value of owner-occupied homes
218Miami Beach$556,700
219Austin$555,300
220Flagstaff$552,900
221Federal Way$552,800
222Weymouth Town$552,100
223Reno$548,300
224Woodland$548,200
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Federal Way ranks 176 of 820, highest first.

RankCityMedian home value as a multiple of median household income
173Santa Clarita6.4x
174Bloomington6.4x
175Kent6.4x
176Federal Way6.4x
177Logan6.3x
178Longmont6.3x
179Malden6.3x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Federal Way ranks 491 of 823, highest first.

RankCityOccupied homes lived in by their owners
488Huntington Beach55.4%
489Tyler55.4%
490Kansas City55.4%
491Federal Way55.3%
492Beaumont55.3%
493Gulfport55.1%
494Torrance55.0%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Federal Way ranks 281 of 823, highest first.

RankCityHouseholds with a broadband subscription
278Oak Park94.1%
279Bakersfield94.0%
280Downers Grove94.0%
281Federal Way94.0%
282Marietta94.0%
283Apple Valley94.0%
284Tempe94.0%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Federal Way ranks 468 of 823, highest first.

RankCityHouseholds with no internet access
465Lakewood4.4%
466Citrus Heights4.3%
467San Francisco4.3%
468Federal Way4.3%
469Fargo4.3%
470Des Plaines4.3%
471West Sacramento4.3%
Source: U.S. Census Bureau · saved copy

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Sources

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