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Olympia, Washington Demographics & Population 2026

During the 2020–2024 ACS period, Olympia, Washington had a total population of 55,951, the 25th largest city in Washington, with a median household income of $81,302, which is 17% lower than the state average. The poverty rate is 14.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Olympia Quick Facts

Population 55,951
Median Household Income $81,302
Median Home Value $486,200
Poverty Rate 14.0%
Unemployment Rate 7.3%
Median Age 40.5 years
Homeownership Rate 49.8%
Affordability Ratio 6.0x
Bachelor's Degree or Higher 51.8%
High School Graduation Rate 96.5%
Diversity Index 47/100
Population 55,951 25th of 628
Median Income $81,302 average
Poverty Rate 14.0% 13% higher than national
Median Home Value $486,200 average

How Olympia Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population55,58355,951+0.7%
Median household income$76,930$81,302+5.7%
Median home value$457,900$486,200+6.2%

How Olympia Compares

Economy & Housing

Household Income Distribution

Under $25K 15.9%
$25K-$50K 14.9%
$50K-$100K 29.2%
$100K+ 40.0%
Detailed income brackets
Under $10K
7.9%
$10K-$15K
2.8%
$15K-$20K
2.6%
$20K-$25K
2.6%
$25K-$30K
2.2%
$30K-$35K
3.2%
$35K-$40K
3.6%
$40K-$45K
2.9%
$45K-$50K
2.9%
$50K-$60K
7.7%
$60K-$75K
8.6%
$75K-$100K
12.9%
$100K-$125K
11.4%
$125K-$150K
9.3%
$150K-$200K
9.6%
$200K+
9.8%

Employment

7.3% Unemployment Rate State: 5.1%|National: 5.2%
62.6% Labor Force Participation

Housing Overview

Owner 49.8%
Renter 50.2%
Affordability Index Expensive
6.0x home value to income ratio
Median gross rent $1,599/mo 23.6% of median household income annually

People & Demographics

Diversity Index

47out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 56 | National average: 61

Education

Olympia Rankings in Washington

#25 Population of 628
#316 Median Income of 570
#73 Education of 628
#244 Home Value of 584

Other Cities in Thurston County

CityPopulationMedian IncomePovertyHome Value
Lacey 57,737 $90,625 11.6% $457,100
Tumwater 26,956 $95,212 7.0% $472,200
Yelm 11,102 $90,750 6.0% $455,300
Tanglewilde 6,314 $100,714 7.0% $444,900
Rochester 5,834 $99,286 16.3% $445,300
Grand Mound 3,287 $72,426 7.3% $411,400
North Yelm 2,522 $73,725 2.1% $384,500
Rainier 2,455 $106,019 14.6% $425,900
Tenino 2,025 $82,639 11.6% $369,000
Nisqually Indian Community 628 $73,750 17.5% $310,000

Cities Similar to Olympia

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lacey57,737$90,625$457,10034.1%11.6%
Burien51,513$91,318$638,80033.2%12.9%
Lakewood62,937$74,720$461,20023.2%13.2%
Richland62,753$95,813$436,70046.6%9.0%
Shoreline61,431$112,751$811,10052.8%8.8%

Population Overview

Olympia is a mid-sized community located in Washington, within Thurston County. The total population is 55,951. It ranks as the 25th most populous out of 628 Census-designated places in Washington.

Age Demographics

The median age in Olympia is 40.5 years. This is 6% higher than the state median of 38.3 years.

Economy, Income & Housing

The median household income in Olympia is $81,302. This is 17% lower than the state median of $98,141. It is also about the same as the national median of $80,734. The poverty rate stands at 14.0%. This is 42% higher than the state poverty rate of 9.9%. The unemployment rate is 7.3%. This is 43% higher than the state rate of 5.1%. The median home value is $486,200. Housing costs are 14% lower than the state median of $564,600. The home-value-to-income ratio is 6.0x. 49.8% of occupied housing units are owner-occupied. This homeownership rate is 22% lower than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Olympia is White (non-Hispanic), making up 71.2% of the population. Hispanic or Latino residents account for 10.6%.

Education

51.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 31% higher than the state rate of 39.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.5%. Notably, 20.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Olympia, Washington is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Washington state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 628 Census-designated places in Washington. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Olympia, Washington?

Olympia, Washington has a population of 55,951 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Olympia, WA?

The median household income in Olympia is $81,302, which is about the same as the national median of $80,734.

What is the poverty rate in Olympia, WA?

The poverty rate in Olympia is 14.0%. This means approximately 7,741 residents live below the federal poverty line.

What is the racial makeup of Olympia, Washington?

Olympia's population is 71.2% White, 2.7% Black, 10.6% Hispanic/Latino, and 6.7% Asian.

What is the median home value in Olympia, WA?

The median home value in Olympia is $486,200. The home-value-to-income ratio is 6.0x.

How educated is Olympia, Washington?

51.8% of adults (25+) in Olympia hold a bachelor's degree or higher, and 20.6% hold a graduate or professional degree.