Federal Way, WA
99,493Residents
$86,909Median household income
$1,797/moMedian gross rent
$552,800Median home value
37.4Median age
31%Adults with a bachelor’s degree or higher
55%Homes lived in by their owners
6.4×Home value to household income
Median rent takes about 25% of the median household income in Federal Way.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $72,000 a year. In Washington that leaves roughly $4,957 a month after tax. See the full paycheck breakdown for $70,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.