Federal Way is a city in Washington state in USA with a population of 96812 residents.. The poverty rate of Federal Way is 11.2%, which is 20% lower than national average. The typical household in Federal Way earns $68672 a year, compared to the national median of $67,500. Nearly 34% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Federal Way, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Federal Way remained 4.9%, which is 4% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Federal Way, only 30% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Federal Way is 131, which is 31% higher than national average. Median home value in Federal Way is $359000 , which is 56% higher than national average. While median income in Federal Way remained $68672, which is 2% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.