GDP / Output
+4.7% YoY
72
$62.0B
Output changed +4.7% in 2024.
Vintage date unknown
State growth6.8%
U.S. growth5.3%
Jobs
Unemployment rate
48
4.9%
Unemployment is 4.9% for Latest available.
Vintage date unknown
State avg5.2%
U.S. avg4.3%
Population
-3.1% 5-year
31
23,339
Population moved -3.1% over the latest ACS window.
Vintage date unknown
State population7,816,116
U.S. population334,922,499
Housing
Rent share of income
64
25.5%
Median rent consumes 25.5% of median household income: Affordable.
Vintage date unknown
State rent$1.8K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.0K per resident
83
$4.9B
$4.9B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$89.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$4.9B
$6.0K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$3.7B
2. Department of Veterans Affairs$441.3M
3. Department of Defense$319.3M
Top recipients
Dollars1. PHILIPS NORTH AMERICA LLC$115.1M
2. HOUSING AUTHORITY OF SNOHOMISH COUNTY$88.5M
3. SHAPE CONSTRUCTION INC$83.6M
Affordable
Housing Affordability
25.5%
of median income
1BR estimate$1,759
2BR estimate$2,317
Median income$101,088
Median home value$616,400
ACS context
Quick Facts
Population
23,339
Median age
33.9
Bachelor's degree+
43.8%
Poverty rate
7.2%
Labor force participation
77.0%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-16
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
-0.6%
GDP CAGR
+5.5%
Federal flow
5 years
Population (5 years)
202024,084
202124,562
202224,235
202323,653
202423,339
GDP (5 years)
2020$47.4B
2021$49.4B
2022$53.5B
2023$59.2B
2024$62.0B
2-year linear forecast
Predictive Outlook
Population forecast
202423,339
202523,255 *
202623,015 *
R² = 61.7% · * projected
GDP forecast
2024$62.0B
2025$66.0B *
2026$69.9B *
R² = 97.8% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$101,088/yr
Median rent$2,145/mo
Rent share of income25.5%
Est. mortgage (30yr, 6.5%)$37,402/yr
Mortgage share of income37.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.9%
State avg5.2%
U.S. avg4.3%
Labor force participation77.0%
Poverty rate7.2%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$616,400
Median monthly rent$2,145
Price-to-rent ratio23.9x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score54/100
Economic growth72/100
Labor market48/100
Population momentum31/100
Overall stability58/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.