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EconPulse

Local economy signal dashboard

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PLACEThriving

Seatac, WA

Thriving overall. Population is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score67out of 100
Compare
94
21
100
66
100

Population

32,414

Data freshness

Unknown

GDP / Output

+7.9% YoY

94

$477.2B

Output changed +7.9% in 2024.

Vintage date unknown

State growth6.8%
U.S. growth5.3%

Jobs

Unemployment rate

21

7.0%

Unemployment is 7.0% for Latest available.

Vintage date unknown

State avg5.1%
U.S. avg5.2%

Population

+11.4% 5-year

100

32,414

Population moved +11.4% over the latest ACS window.

Vintage date unknown

State population7,816,116
U.S. population334,922,499

Housing

Rent share of income

66

24.6%

Median rent consumes 24.6% 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

$9.1K per resident

100

$20.7B

$20.7B 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

$20.7B

$9.1K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$8.8B
2. Department of Defense$5.6B
3. Department of Health and Human Services$1.9B

Top recipients

Dollars
1. THE BOEING COMPANY$4.4B
2. BLUE ORIGIN WASHINGTON, LLC$767.1M
3. UNIVERSITY OF WASHINGTON$693.7M

Affordable

Housing Affordability

24.6%

of median income

1BR estimate$1,361
2BR estimate$1,793
Median income$81,104
Median home value$519,700

ACS context

Quick Facts

Population

32,414

Median age

36.8

Bachelor's degree+

26.4%

Poverty rate

9.3%

Labor force participation

69.1%

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

+2.2%

GDP CAGR

+7.0%

Federal flow

5 years

Population (5 years)
202029,102
202130,867
202230,927
202331,143
202432,414
GDP (5 years)
2020$340.7B
2021$377.5B
2022$404.8B
2023$442.1B
2024$477.2B

2-year linear forecast

Predictive Outlook

Population forecast

202432,414
202532,961 *
202633,651 *

R² = 85.2% · * projected

GDP forecast

2024$477.2B
2025$509.7B *
2026$543.5B *

R² = 99.8% · * 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$81,104/yr
Median rent$1,660/mo
Rent share of income24.6%
Est. mortgage (30yr, 6.5%)$31,535/yr
Mortgage share of income38.9%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate7.0%
State avg5.1%
U.S. avg5.2%
Labor force participation69.1%
Poverty rate9.3%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$519,700
Median monthly rent$1,660
Price-to-rent ratio26.1x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateStrong
Composite score70/100
Economic growth94/100
Labor market21/100
Population momentum100/100
Overall stability67/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

SeaTac city, Washington

City/Town

Part of

Seattle-Tacoma-Bellevue, WA

Nearby locations

Normandy Park, WATukwila, WABurien, WADes Moines, WABryn Mawr-Skyway, WA