GITNUX MARKETDATA REPORT 2024

Statistics About The Average Income In Washington State

The average income in Washington State is $75,331 per year based on data from the U.S. Census Bureau.

In this post, we will explore a comprehensive overview of the average income in Washington State, encompassing a range of statistics such as median household incomes across different cities, income disparities among various demographic groups, and the state’s income growth rates over the years. From the affluent town of Clyde Hill to the more modest city of Wapato, the income landscape in Washington State presents a fascinating study in contrasts. So, let’s delve into the numbers and uncover the insights they reveal.

Statistic 1

"The median household income in Washington State was $78,687 during 2019."

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Statistic 2

"Washington State's per-capita income of $53,515 ranks at the 11th spot among the 50 States in 2020."

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Statistic 3

"In 2019, Seattle, WA had a median household income of $92,263."

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Statistic 4

"The town of Clyde Hill, Washington reports a median household income of nearly $224,063."

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Statistic 5

"Conversely, the city of Wapato in Washington State reports a median income of approximately $27,076."

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Statistic 6

"The income inequality in Washington is 0.481, measured using the Gini coefficient in 2019."

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Statistic 7

"Washington State has seen a growth rate of 4.96% in median household income from 2018 to 2019."

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Statistic 8

"The average annual wage in Washington State was approximately $69,000 in 2020."

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Statistic 9

"The average per capita income for Whites in Washington state in 2018 was $41,366."

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Statistic 10

"The average per capita income for Black or African Americans in Washington state in 2018 was $27,658."

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Statistic 11

"The median household income in King County, Washington in 2019 was about $94,500."

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Statistic 12

"The average per capita income for Asians in Washington state in 2018 was $36,537."

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Statistic 13

"In 2018, the average per capita income for Hispanics in Washington state was $20,126."

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Statistic 14

"In Tacoma, Washington, the median household income was $63,120 in 2019."

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Statistic 15

"The income per capita in Spokane, Washington was $29,563 in 2019."

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Statistic 16

"In Vancouver, Washington, the median household income was $63,700 in 2019."

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Statistic 17

"Bellevue, Washington reported an impressive median household income of $133,012 in 2019."

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Statistic 18

"Yakima, Washington had a median household income of just $46,481 in 2019."

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Statistic 19

"In 2020, the real median household income in Washington State was at $91,510."

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Statistic 20

"The projection for Washington State's average personal income for 2022 is $55,653."

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The statistics on income in Washington State paint a diverse picture of economic disparity across different regions and demographic groups. The state’s median household income and per-capita income show overall positive growth trends, with several areas reporting relatively high incomes such as Clyde Hill and Bellevue, and others like Wapato and Yakima with lower figures. Disparities are further highlighted when comparing income across racial groups, with considerable gaps observed between Whites, Blacks, Asians, and Hispanics. Income inequality, as measured by the Gini coefficient, remains a concern, indicating that wealth distribution is not uniform throughout the state. Looking ahead, projections suggest a continued increase in average personal income, but efforts must be made to address disparities and promote greater economic equity for all residents in Washington State.

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