Fairwood CDP, WA

ZIP 98058 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Fairwood CDP, WA (98058)

Median Income

$111,045

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+2,255

Wealth inflow

Population

41,980

Unemployment

4.8%

1.1pp above US avg

IRS migration statistics show a net inflow of about 2,255 for ZIP 98058 (Fairwood CDP, WA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

4.8%+31% vs US avg

Self-Employed

2.8%-54% vs US avg

SNAP Benefits

9.4%-19% vs US avg

595

Establishments

3,663

Employees

~6 per establishment — small businesses dominate

Retail trade

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.3%
Construction6.8%
Manufacturing12.2%
Wholesale trade2.7%
Retail trade13.0%
Transportation, utilities6.6%
Information2.1%
Finance, insurance, real estate6.1%
Professional, scientific, management14.8%
Education, health care, social19.3%
Arts, entertainment, food services8.6%
Other services3.7%
Public administration3.8%

Household Income

Historical Trends in 98058 (2020–Present)

Since 2020, population declined 3.5%, median income rose 2.3% (inflation-adjusted), home values increased 23.0%.

Median Income

$111,045

+48% vs US avg

Unemployment Rate