HomeWashingtonGrant CountySoap Lake city
Soap Lake city, Washington: commercial real estate data.
Soap Lake city is a Census city of 1,508 people across 1.54 square miles of land, in Grant County. Median household income is $48,125, 65.6 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $243,900.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Soap Lake
What Soap Lake is
- Census place typecity
- Land area1.54 sq mi
- Water area0.07 sq mi
- Population per square mile of land981 plus or minus 340
- County holding the largest share of its areaGrant County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Soap Lake
How many people live in Soap Lake
- Population1,508 plus or minus 523
- Median age35.9 plus or minus 11.9
- Population under 18472 plus or minus 169
- Share under 1831.3 percent
- Population 65 and over323 plus or minus 128
- Share 65 and over21.4 percent
- Households604 plus or minus 146
- Family households300 plus or minus 123
- Share of households that are families49.7 percent plus or minus 16.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Soap Lake
Income and work in Soap Lake
- Median household income$48,125 plus or minus $30,958
- Per capita income$51,631 plus or minus $37,404
- Civilian labor force450 plus or minus 190
- Employed410 plus or minus 179
- Unemployed40 plus or minus 59
- Unemployment rate8.9 percent plus or minus 12.6
- Adults 25 and over919 plus or minus 251
- Adults 25 and over with a high school diploma or higher77.3 percent
- Adults 25 and over with a bachelor degree or higher14.4 percent plus or minus 9.7
- Adults 25 and over with a graduate degree7.5 percent plus or minus 8.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Soap Lake
Housing in Soap Lake
- Housing units885
- Occupied units604 plus or minus 146
- Vacant units281 plus or minus 105
- Vacancy rate31.8 percent plus or minus 10.5
- Owner occupied396 plus or minus 131
- Renter occupied208 plus or minus 91
- Ownership rate65.6 percent plus or minus 14.8
- Median owner-occupied home value$250,000 plus or minus $69,282
- Median gross rent, monthly$599 plus or minus $124
- Annual rent as a share of median income14.9 percent plus or minus 10.1
- Single family units440 plus or minus 131
- Share single family49.7 percent plus or minus 11.9
- Units in buildings of two or more220 plus or minus 105
- Share in buildings of two or more24.9 percent plus or minus 11.0
- Mobile homes199 plus or minus 82
- Median year structure built1956
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Soap Lake
How Soap Lake gets to work
- Workers 16 and over who commute367 plus or minus 162
- Commuting under 15 minutes131 plus or minus 90
- Share commuting under 15 minutes35.7 percent plus or minus 18.7
- Commuting 30 minutes or more133 plus or minus 94
- Share commuting 30 minutes or more36.2 percent plus or minus 20.1
- Drove alone82.7 percent plus or minus 51.1
- Carpooled6.6 percent plus or minus 8.8
- Public transport0.2 percent plus or minus 0.5
- Walked0.0 percent
- Worked from home10.5 percent plus or minus 14.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Soap Lake
SBA loans in Soap Lake (7(a))
- Approvals2
- Gross approval$243,900
- Average approval$121,950
- Median approval$200,000
- Ninetieth percentile approval$200,000
- Largest approval$200,000
- Jobs supported1
- Jobs per approval0.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Grant County, not Soap Lake
Grant County context, not Soap Lake figures
These are Grant County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Soap Lake measurements.
- Establishments in Grant County2,123
- Employment at those establishments, Grant County24,839
- Covered employment, Grant County43,158
- Average annual pay, Grant County$63,558
- Average weekly wage, Grant County$1,222
- Housing units permitted, Grant County552
- Of those, single family, Grant County463
- County product, 2024, Grant County$8,582,739,000
- County product change over the prior year, Grant County1.1 percent
- Average income of an arriving household, Grant County$65,046
Every figure in this section is published for Grant County as a whole and is not a measurement of Soap Lake. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Soap Lake questions, answered from the record.
How many people live in Soap Lake, Washington?
1,508, in 604 households. Soap Lake city covers 1.54 square miles of land, which is 981 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Soap Lake in?
Grant County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Soap Lake?
$48,125. The median owner-occupied home is valued at $250,000. Median gross rent is $599 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Soap Lake businesses?
2 7(a) approvals totalling $243,900, across 2 lenders, median approval $200,000. These count approvals to borrowers whose address is in Soap Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Soap Lake borrowers get paid back?
No rate is published for Soap Lake. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Soap Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Grant County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Soap Lake.
Is zoning published for Soap Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.