Federal Way is a city in the Seattle metropolitan area in King County, Washington, United States. Federal Way is the tenth largest city in Washington and the fifth largest in King County, according to the Census Bureau's 2019 population estimate. Until 2014, Federal Way was home to Weyerhaeuser, the largest private owner of softwood timberland in the world. Weyerhaeuser had opened much of its land in Federal Way to the public, including two botanical gardens: the Rhododendron Species Foundation and Botanical Garden, and the Pacific Bonsai Museum. In 2014, the company announced it would vacate its Federal Way headquarters. City leaders have suggested promoting the location as a potential community college. Federal Way is also home to the US headquarters of World Vision International.
In 2007, the city of Federal Way purchased a downtown lot formerly used by a defunct AMC Theatres cinema, and invited proposals from two developers, United Properties and Alpert Capital, to develop a multi-use tower project in the downtown core, adjacent to the recently built transit center. Such a project follows in the steps of similar multi-use developments such as Kent Station in nearby Kent. The city awarded the contract to United Properties' "Symphony" project, comprising four 15–22 story towers, including 60,000 square feet of retail and office space, 900 housing units, and a large downtown park which would be relinquished to the city. Transfer of the land to United Properties followed by construction of the first tower was scheduled to start in mid-2008. However, in July 2008, United Properties requested a one-year extension on the terms of the purchase agreement, citing difficulties in the credit and housing markets to acquire the necessary funds. In August 2009, United suggested scrapping the Symphony plan and instead building a performing arts center on the property, a proposal the city rejected.
source: wikipedia.org
Read More ▾Percentage change from latest quarter vs same time period previous year
Data compiled using 2nd quarter 2024 data vs. same period from 2023
Population by Age Level. Median Age 38.33. Households: 37,016.
In Thousand of Dollars. (Median Income: $71,655)
Population by Education Level
Fair Market Rents
Public & Private Institutions Of Learning
Education is provided by public, private and home schools. State governments set overall educational standards, often mandate standardized tests for K–12 public school systems and supervise, usually through a board of regents, state colleges, and universities. Funding comes from the state, local, and federal government. Private schools are generally free to determine their own curriculum and staffing policies, with voluntary accreditation available through independent regional accreditation authorities, although some state regulation can apply.
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