The median household annual income for 98801 is $70,800.
Understanding Median Household Income in 98801
Median household income is a key economic indicator that represents the income level at which half of the households in a given area earn more and half earn less. It's often considered a more accurate representation of typical income compared to average (mean) income, as it is less affected by extremely high or low earners. For 98801, this figure indicates the mid-point of income for all households within that zip code.
Income Comparisons within the Region
To provide context, the median household income for 98801 is lower than that of several neighboring zip codes and the broader Chelan County, but still represents a significant economic standing. Here's a comparative look at the median household incomes in nearby areas:
Location | Median Household Income |
---|---|
98801 | $70,800 |
98802 | $88,816 |
98822 | $83,000 |
98826 | $80,742 |
98828 | $76,492 |
Chelan County | $71,876 |
Sunnyslope CDP | $124,076 |
As the table illustrates, 98801's median household income, while substantial, is less than most of its immediate neighbors and the broader Chelan County. Notably, Sunnyslope CDP stands out with a significantly higher median household income compared to all other listed areas, including 98801. These figures provide valuable insight into the economic landscape of the region.