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EconPulse

Local economy signal dashboard

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COUNTYThriving

Pierce County, WA

Thriving overall. Federal Funds 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
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79
43
76
70
96

Population

930,319

Data freshness

Unknown

GDP / Output

+5.7% YoY

79

$64.9B

Output changed +5.7% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

43

5.2%

Unemployment is 5.2% for May 2026.

Vintage date unknown

State avg5.2%
U.S. avg4.2%

Population

+4.3% 5-year

76

930,319

Population moved +4.3% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

70

21.8%

Median rent consumes 21.8% 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

$7.6K per resident

96

$7.0B

$7.0B 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

$7.0B

$7.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$4.2B
2. Department of Veterans Affairs$1.2B
3. Department of Defense$731.1M

Top recipients

Dollars
1. WASHINGTON ST DEPARTMENT OF TRANSPORTATION$223.6M
2. MILITARY DEPARTMENT, WASHINGTON STATE$135.9M
3. HOUSING AUTHORITY-THE CITY-TCM$85.6M

Affordable

Housing Affordability

21.8%

of median income

1BR estimate$1,481
2BR estimate$1,950
Median income$99,564
Median home value$526,600

ACS context

Quick Facts

Population

930,319

Median age

37.0

Bachelor's degree+

30.9%

Poverty rate

8.8%

Labor force participation

66.3%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.1%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

May 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-16

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

+0.8%

GDP CAGR

+6.1%

Federal flow

5 years

Population (5 years)
2020891,862
2021910,225
2022918,993
2023924,106
2024930,319
GDP (5 years)
2020$48.2B
2021$53.2B
2022$57.8B
2023$61.4B
2024$64.9B

2-year linear forecast

Predictive Outlook

Population forecast

2024930,319
2025942,340 *
2026951,419 *

R² = 92.5% · * projected

GDP forecast

2024$64.9B
2025$69.6B *
2026$73.8B *

R² = 99.4% · * 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$99,564/yr
Median rent$1,806/mo
Rent share of income21.8%
Est. mortgage (30yr, 6.5%)$31,953/yr
Mortgage share of income32.1%

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

employment snapshot

Job Market

Unemployment rate5.2%
State avg5.2%
U.S. avg4.2%
Labor force participation66.3%
Poverty rate8.8%

Data from BLS LAUS / CPS. May 2026.

valuation snapshot

Real Estate

Median home value$526,600
Median monthly rent$1,806
Price-to-rent ratio24.3x

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

composite score

Investment Climate

Investment climateModerate
Composite score66/100
Economic growth79/100
Labor market43/100
Population momentum76/100
Overall stability67/100

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

Location Context

Pierce County, Washington

County

Part of

Seattle-Tacoma-Bellevue, WA

Nearby locations

Crocker, WAOrting, WATehaleh, WACarbonado, WAWilkeson, WA