HomeWashingtonThurston CountyOlympia city
Olympia city, Washington: commercial real estate data.
Olympia city 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.
78 sourced place values · tier FULL · 8 sections · 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
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$385,000
- Largest approval$4,989,000
- Jobs supported422
- Loans with a final outcome19
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Thurston County, not Olympia
Thurston County context, not Olympia figures
These are Thurston County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Olympia measurements.
- Establishments in Thurston County6,656
- Employment at those establishments, Thurston County86,664
- Covered employment, Thurston County128,824
- Average annual pay, Thurston County$72,043
- Average weekly wage, Thurston County$1,385
- Housing units permitted, Thurston County1,222
- Of those, single family, Thurston County672
- County product, 2024, Thurston County$21,563,339,000
- County product change over the prior year, Thurston County8.3 percent
- Average income of an arriving household, Thurston County$70,294
Every figure in this section is published for Thurston County as a whole and is not a measurement of Olympia. 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
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 totalling $142.1 m, across 52 lenders, median approval $200,000, plus 62 504 approvals worth $43.9 m. 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.
Are the county figures on this page Olympia figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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