Drake Construction

Construction company in Olympia, WA 98506

About this company

Drake Construction is listed as a construction company based in Olympia, Washington, in Thurston County. Federal motor carrier records list 1 drivers and 2 trucks for the company. It is one of 21 general contractors in ZIP 98506.

Other construction companies nearby

Aaron Carter Construction LLC120 41st Ave NE, Olympia

(360) 556-4580

ADR ConstructionLibby Rd NE, Olympia , 98506, United States, Olympia

(360) 870-4543

Allen Acoustics5329 Boston Harbor Rd NE, Olympia

(360) 943-9781

Brown Building Contractors3905 Martin Way E Ste C, Olympia

(360) 459-1043

Contech Construction Products3136 39th Way NE, Olympia

(360) 357-9735

Fleet size

Drivers1

Trucks2

Last federal filing: Aug 2009. Source: FMCSA.

Strong market, balanced fieldArea profitability for construction in ZIP 98506

Housing demand88

Sales pace, new listings and new construction. Source: Zillow

Customer spending power80

Household income and home values

Room for another contractor30

More crowded than 70% of US ZIPs

Scored against every US ZIP. An index of local conditions, not this company's results.

County context

One of 270 general contractors in Thurston County, WA.

59 roofing companies in Thurston County, WA.

All 549 construction companies in Thurston County, WA.

ZIP 98506 at a glance

Population: 18,497 (318 per sq mi)
Median age: 48
Households: Median income $91,596 · 46% earn six figures
Housing: 66% owner-occupied
Workforce: 56% labor-force participation · 9.5% unemployment

ZIP figures are US Census estimates for the ZIP area, not the company.

Housing market around ZIP 98506

Figures describe the local area, not this company.

Typical home value$537,000−1.1% past year · +87% in 10 years

Typical rent$2,038+2.5% past year

12-month value outlook+0.3%Roughly flat

New homes permitted, 20251,669Thurston County

Days to sale agreement32Olympia metro · 22 a year ago

Listings with a price cut34.6%Olympia metro

Sale price vs list99.5%Olympia metro

New construction sales27Olympia metro, Aug · −39% from last year

Source: Zillow (home values, rent, outlook and metro sales), data through Sep 2026. Permits: U.S. Census Bureau.

Typical home value, last 10 years

Source: Zillow Home Value Index, Sep 2026.

Local building angle: Thurston County permitted 1,669 new homes in 2025, including 908 apartment units. 14% of the homes in this ZIP were built since 2000.

Local figures are estimates from public records and Zillow housing data, updated regularly.