Federal Way is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Washington. With a population of 97,863 people and 22 associated neighborhoods, Federal Way is the tenth largest community in Washington.

Housing costs in Federal Way are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Washington.

Also of interest is that Federal Way has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.86% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Federal Way is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.

In Federal Way, however, the average commute to work is quite long. On average, people spend 33.18 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.

Like elsewhere in America, most people in Federal Way use a private automobile to get to work. But notably, a substantial number of Federal Way‘s citizens do make use of public transit in their daily commute, primarily riding the bus. This helps more people get to work with less air pollution, and require fewer highways to get them there.

The overall education level of Federal Way citizens is substantially higher than the typical US community, as 30.63% of adults in Federal Way have at least a bachelor's degree, and the average American community has 21.84%.

The per capita income in Federal Way in 2022 was $37,674, which is middle income relative to Washington, and upper middle income relative to the rest of the US. This equates to an annual income of $150,696 for a family of four. However, Federal Way contains both very wealthy and poor people as well.

Federal Way is an extremely ethnically-diverse city. The people who call Federal Way home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Federal Way residents report their race to be White, followed by Black or African-American. Federal Way also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 18.39% of the city’s residents. Important ancestries of people in Federal Way include German, English, Irish, Norwegian, and European.

Foreign born people are also an important part of Federal Way's cultural character, accounting for 27.67% of the city’s population.

The most common language spoken in Federal Way is English. Other important languages spoken here include Spanish and Korean.