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Home » United States » What is the average household income in Seattle?

What is the average household income in Seattle?

December 14, 2021 by Trevor Zboncak

Table

Population
Income & Poverty
Median household income (in 2019 dollars), 2015-2019 $92,263
Per capita income in past 12 months (in 2019 dollars), 2015-2019 $59,835
Persons in poverty, percent  11.0%

Contents

What is a good household income in Seattle?

The median income for the roughly 345,000 households inside Seattle’s city limits hit $102,500 in 2019, up about $9,000 from 2018. The median is the midway point — in other words, half the households earned more, and half earned less.

What is average family income in Seattle?

Seattle Family Income
The ACS 1-year data shows the median family income for Seattle was $112,094 in 2019. Compared to the median Washington family income, Seattle median family income is $17,385 higher. As with the median household income data, 2020 family income data for Seattle will be released in September of 2021.

What is a comfortable income in Seattle?

As a growing tech hub, Seattle residents enjoy a steady increase in wages to make up for rising rents. To comfortably rent a median one-bedroom apartment in Seattle, one would have to make $60,732 per year. The recommended household income for a two-bedroom apartment is $75,780 per year.

What is the median household income in Seattle 2021?

Washington
Seattle contributes to Washington’s relatively high median household income. About half of the households bring six figures home, and the median household income is $102,486, the third-highest among the nation’s largest cities.

What is middle class income Seattle?

Seattle. The median household income in Seattle is $102,486. Thus, the middle-class income range is $76,864.50 to $204,972.

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What is middle class income in WA state?

Popular Articles

State Middle-class income Median household income
Washington $81,203 $78,687
New York $75,403 $72,108
Oregon $74,865 $67,058
New Jersey $74,485 $85,751

What is considered low income in Seattle?

Income level – Low Income Public Housing

Number in Household 30% AMI 80% AMI
1 $24,300 $63,350
2 $27,800 $72,400
3 $31,250 $81,450
4 $34,700 $90,500

What income is considered poverty in Seattle?

In 2018, the federal poverty income threshold was $25,465 for a family of four with two children, and $17,308 for a single parent of one child. If a family’s total income is less than the corresponding threshold, then that family and every individual in it is considered in poverty.

What is considered upper class?

The term upper class refers to a group of individuals who occupy the highest place and status in society. These people are considered the wealthiest, lying above the working and middle class in the social hierarchy.

Is Seattle more expensive than New York?

The cost of living in New York, NY is 33.0% higher than in Seattle, WA.Employers in New York, NY typically pay 10.0% more than employeers in Seattle, WA.

What jobs are in demand in Seattle?

The 10 most in-demand jobs

  • Move over, technology industry.
  • Home health aide (348,400 new job openings expected through 2024)
  • Physical therapist (71,800)
  • Emergency medical technician (58,500)
  • Nurse practitioner (53,400)
  • Web developer (39,500)
  • Occupational therapist (30,400)
  • Physician assistant (28,700)

What is the average water bill in Seattle?

In Seattle, for a typical family of four in which each person uses 50 gallons per day, the monthly bill totals $171.48. For that level of usage, Seattle’s water is the most expensive in the survey — more than $20 higher than No. 2, Atlanta.

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What percentage of Americans make over 100k?

Percentage distribution of household income in the U.S. in 2020

Annual household income in U.S. dollars Percentage of U.S. households
75,000 to 99,999 12.2%
100,000 to 149,999 15.3%
150,000 to 199,999 8%
200,000 and over 10.3%

What is considered low income in Seattle for single person?

In case any singles are feeling left out, the HUD low-income bar for single-person households in the Seattle area is $50,400 – that’s about $24.23 an hour for a 40-hour-a-week worker. A worker making $15 an hour is considered very low-income in the region.

What is the upper class income?

Those who earn more than $373,894 are rich.
What Is a Middle-Class Income?

Income group Income
Low income Less than $40,100
Middle income $41,000 – $120,400
Upper income More than $120,400

Is 170k a good salary in Seattle?

170k is a decent salary for someone with 10 years experience in Seattle. Seattle didn’t really get cold. It rarely freezes. If course it doesn’t really get warm either.

What salary is considered rich?

With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $470,000 a year in 2021 is considered a top 1% income earner.

How much money do you need to live comfortably in Seattle 2020?

Income needed: $72,092. 50 percent for necessities: $36,046. 30 percent for discretionary spending: $21,628.

What salary is considered low income?

1. How household income eligibility limits for affordable housing are determined

INCOME BANDS % OF MEDIAN INCOME ANNUAL INCOME RANGE (REMAINDER OF NSW) 2020-21
Very Low 50% median $41,900
Low 50% – 80% median $67,000
Moderate 80% – 120% median $100,500
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What is considered high income in Washington state?

Average Household Income: $98,983. Per Capita Income: $38,915. 9.5% of Households in Washington are High Income Households that make over $200,000 a year.
Median Household Income in Washington by Age of Householder.

Washington
Householder 45 to 64 years $89,139
Householder 65 years and over $52,100

Filed Under: United States Tagged With: Seattle, Washington

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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