Cost of Living in Olympia, WA
Population: 55,583 • 2026 Data
$76,930
Median Household Income
-1% vs national
$1,509
Median Monthly Rent
+12% vs national
$457,900
Median Home Value
+35% vs national
6.8%
Unemployment Rate
Housing in Olympia
The median home value in Olympia, WA is $457,900. Monthly rent for a typical unit averages $1,509, while total monthly housing costs (including utilities and insurance) average $1,599.
Rent-to-income ratio: 23.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Olympia, WA is $76,930. The unemployment rate stands at 6.8%, with a labor force of 29,833 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.