HomeWashingtonThurston CountyOlympia
Olympia, Washington: commercial real estate data.
Olympia is a Census city of 55,951 people across 18.22 square miles of land, in Thurston County. Median household income is $81,302, 49.8 percent of occupied homes are owned, and the SBA record carries 191 7(a) approvals to borrowers here worth $142.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Olympia
What Olympia is
- Census place typecity
- Land area18.22 sq mi
- Water area1.86 sq mi
- Population per square mile of land3,071
- County holding the largest share of its areaThurston 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.
Olympia
How many people live in Olympia
- Population55,951
- Median age40.5
- Population under 189,959
- Share under 1817.8 percent
- Population 65 and over11,040
- Share 65 and over19.7 percent
- Households25,451
- Family households13,054
- Share of households that are families51.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olympia
Income and work in Olympia
- Median household income$81,302
- Per capita income$45,674
- Civilian labor force29,396
- Employed27,259
- Unemployed2,137
- Unemployment rate7.3 percent
- Adults 25 and over41,665
- Adults 25 and over with a high school diploma or higher96.5 percent
- Adults 25 and over with a bachelor degree or higher51.8 percent
- Adults 25 and over with a graduate degree20.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olympia
Housing in Olympia
- Housing units26,795
- Occupied units25,451
- Vacant units1,344 plus or minus 372
- Vacancy rate5.0 percent plus or minus 1.4
- Owner occupied12,685
- Renter occupied12,766
- Ownership rate49.8 percent
- Median owner-occupied home value$486,200
- Median gross rent, monthly$1,599
- Annual rent as a share of median income23.6 percent
- Single family units15,449
- Share single family57.7 percent
- Units in buildings of two or more10,684
- Share in buildings of two or more39.9 percent
- Mobile homes581 plus or minus 127
- Median year structure built1982
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olympia
How Olympia gets to work
- Workers 16 and over who commute20,088
- Commuting under 15 minutes9,189
- Share commuting under 15 minutes45.7 percent
- Commuting 30 minutes or more4,621
- Share commuting 30 minutes or more23.0 percent
- Drove alone59.4 percent
- Carpooled6.3 percent plus or minus 1.4
- Public transport1.9 percent plus or minus 1.0
- Walked4.9 percent plus or minus 1.2
- Worked from home25.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Olympia
SBA loans in Olympia (7(a))
- Approvals191
- Gross approval$142,143,300
- Average approval$744,206
- Median approval$200,000
- Ninetieth percentile approval$2,617,900
- Largest approval$5,000,000
- Jobs supported1,814
- Jobs per approval9.5
- Loans with a final outcome44
- Paid in full44
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more23.6 percent
- Share to franchises11.5 percent
- Distinct lenders52
- Distinct industries by NAICS89
Counted by borrower city: approvals to borrowers whose address is in Olympia, in any county, FY2020 to FY2026.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Olympia
SBA loans in Olympia (504)
- Approvals62
- Gross approval$43,859,000
- Average approval$707,403
- Median approval$378,000
- Largest approval$4,989,000
- Jobs supported422
- Loans with a final outcome19
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Olympia, in any county, FY2010 to FY2026. Only 19 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Olympia
Flood risk in Olympia
- NFIP communityCity of Olympia
- NFIP community number530191
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date05/08/24
The City of Olympia participates in the National Flood Insurance Program as community 530191 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Thurston County, not Olympia
Thurston County context, not Olympia figures
- Establishments in Thurston County6,656
- Covered employment, Thurston County128,824
- Average annual pay, Thurston County$72,043
- Housing units permitted, Thurston County1,222
Every figure in this section is published for Thurston County as a whole and is not a measurement of Olympia.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Olympia questions, answered from the record.
How many people live in Olympia, Washington?
55,951, in 25,451 households. Olympia city covers 18.22 square miles of land, which is 3,071 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Olympia in?
Thurston 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 Olympia?
$81,302. The median owner-occupied home is valued at $486,200. Median gross rent is $1,599 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Olympia businesses?
191 7(a) approvals totaling $142.1 m since FY2020, across 52 lenders, median approval $200,000, plus 62 504 approvals worth $43.9 m since FY2010. These count approvals to borrowers whose address is in Olympia, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Olympia borrowers get paid back?
Of the 44 loans that have reached a final outcome, 44 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Olympia in the National Flood Insurance Program?
Yes. Olympia appears in the FEMA Community Status Book as Olympia, city of, community 530191, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Olympia figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Thurston 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 Olympia.
Is zoning published for Olympia?
No. Nothing on this page presents parcel level zoning.
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