MYNORTHWEST BLOG

Report: Almost half of Seattle households make six-figure salary

Sep 26, 2019, 12:42 PM | Updated: 12:43 pm

It’s good to be working in Seattle, for about half of the residents. Seattle is among the top cities that experienced massive salary growth in recent years.

According to the most recent census data, real median income (the middle point) in the United States went up by .8 percent between 2017 and 2018. The current nationwide figure is $61,937. The 2018 median income is the highest that the census has ever recorded.

The Seattle Times’ FYI Guy Gene Balk looked a little deeper at the numbers and found that the median income specific to Seattle is currently $93,500 — a $7,000 jump in 2018 alone. The recent numbers rank Seattle as the city with the third highest pay jump in 2018 (San Francisco and San Jose are first and second).

The job that has disappeared the most in Washington state

The figures show considerable disparities in Seattle incomes, and not just between the haves and the have-nots. White households have the highest median income at $105,000, followed by Asian at $95,800, and so on. Black households remain at the bottom of the list with a median income of $42,500.

But everything considered, at Seattle’s median income, 48 percent of the city’s households pull in a six-figure salary (about 338,000 according to the Times), despite local living expenses registering far higher than the national average. A few years ago, it was estimated that it takes roughly $73,000 to be able to live in Seattle.

Another recent assessment took a look at another angle on Seattle’s quality of living. Wallethub ranked the city as the third best to live in. While it scores high for income growth, air quality, public transportation (that’s debatable), job opportunities, schools, and even coffee shops, Seattle ranks very low for affordability. The city is the 13th worst to live in when it comes to this factor.

MyNorthwest Blog

Capital gains tax advisory vote, Seattle vote swings...
Nick Bowman

Seattle’s 2021 election establishes large, late swings for progressive candidates as new normal

Massive swings of late votes for Seattle's progressive candidates appear to have become the new normal after 2021's general election.
19 days ago
Amazon Seattle, corporate HQ...
Nick Bowman

Corporate money wins Seattle in new form after sparking ire of voters in 2019

A slate of business-friendly candidates won all but one major Seattle race, with corporate money finding influence in more subtle ways.
20 days ago
Seattle election results...
Nick Bowman

Moderate Seattle candidates carry the night, as progressives face steep climb to close gap

The first round of Seattle and King County election results arrived Tuesday, with moderate and conservative candidates largely carrying the night. 
26 days ago
Seattle City Attorney candidates...
Nick Bowman

Contentious race for Seattle City Attorney winds to a close with decision now put to voters

Tuesday will close out what's been a contentious race between Seattle City Attorney candidates operating at opposite ends of the political spectrum. 
27 days ago
Compassion Seattle...
Nick Bowman

How Compassion Seattle became dividing line between candidates following defeat in court

The debate around homelessness during this election cycle has centered on the now-defunct Compassion Seattle ballot initiative.
28 days ago
Seattle Democracy Vouchers...
Nick Bowman

With campaign spending at record heights, is Seattle’s Democracy Voucher program still working?

Given that campaign spending has soared to record levels in 2021, is Seattle's Democracy Voucher program still working as intended?
1 month ago

Sponsored Articles

...
Experience Anacortes

Coastal Christmas Celebration Week in Anacortes

With minimal travel time required and every activity under the sun, Anacortes is the perfect vacation spot for all ages.
...

Delayed-Onset PTSD: Signs and Symptoms

Lakeside-Milam Recovery Centers SPONSORED — You’re probably familiar with post-traumatic stress disorder. Often abbreviated as PTSD, this condition is diagnosed when a person experiences a set of symptoms for at least a month after a traumatic event. However, for some people, these issues take longer to develop. This results in a diagnosis of delayed-onset PTSD […]
...

Medicare open enrollment ends Dec. 7. Free unbiased help is here!

Washington State Office of the Insurance Commissioner SPONSORED — Medicare’s Open Enrollment Period, also called the Annual Election Period, is Oct. 15 to Dec. 7. During this time, people enrolled in Medicare can: Switch from Original Medicare to a Medicare Advantage plan and vice versa. Join, drop or switch a Part D prescription drug plan, […]
...

How to Have a Stress-Free Real Estate Experience

The real estate industry has adapted and sellers are taking full advantage of new real estate models. One of which is Every Door Real Estate.
...
IQ Air

How Poor Air Quality Is Affecting Our Future Athletes

You cannot control your child’s breathing environment 100% of the time, but you can make a huge impact.
...
Swedish Health Services

Special Coverage: National Prostate Cancer Awareness Month

There are a wide variety of treatment options available for men with prostate cancer. The most technologically advanced treatment option in the Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform.
Report: Almost half of Seattle households make six-figure salary