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Demographics
Population
Median Income
Racial Distributions
The 98008 zip code in Bellevue, Washington, demonstrates Moderate Diversity as of 2022. The white population comprises 55% of residents, while the Asian population represents 26%. The median income in 2022 was $132,013, indicating an affluent community.
This zip code has transitioned from a White Majority community to one of Moderate Diversity over the past decade. In 2013, the area had Low Diversity, with the white population at 67%. By 2022, this percentage decreased to 55%. The Asian population increased from 20% in 2013 to 26% in 2022. Hispanic and multiracial populations also showed modest increases.
The area can be classified as a Transitional Community, with consistent year-over-year increases in non-white populations. This trend suggests a continuing trajectory towards greater diversity, potentially leading to a Majority-Minority status in the future if current patterns persist.
The demographic shifts have occurred alongside substantial economic growth. The median income rose from $104,639 in 2013 to $132,013 in 2022, a 26% increase over nine years. This growth outpaces inflation and suggests rising economic status for residents.
The increasing diversity has coincided with rising affluence. The influx of Asian residents may be linked to high-skilled immigration in the tech sector, given Bellevue's proximity to major technology companies. The population grew from 24,802 in 2013 to 28,987 in 2022, an increase of about 17%.
The trends in this Bellevue zip code align with patterns seen in affluent suburban areas near major tech hubs. Similar demographic shifts and economic growth have been observed in regions like Silicon Valley, Seattle, and Austin. The rapid income growth in this zip code outpaces national averages, reflecting the robust economic environment of the greater Seattle area.
The 98008 zip code in Bellevue exemplifies a community in transition, moving from Low Diversity to Moderate Diversity over the past decade. This shift has occurred in tandem with substantial economic growth, creating a unique blend of increasing racial diversity and rising affluence.