Gig Harbor is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Washington. With a population of 12,643 people and 11 associated neighborhoods, Gig Harbor is the 83rd largest community in Washington. Much of the housing stock in Gig Harbor was built relatively recently. The construction of new real estate can often be taken as an indication that the local Gig Harbor economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Gig Harbor, where the median household income is $118,395.00.
Gig Harbor home prices are not only among the most expensive in Washington, but Gig Harbor real estate also consistently ranks among the most expensive in America.
Also of interest is that Gig Harbor has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 24.07% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Gig Harbor is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
If knowledge is power, Gig Harbor is a pretty powerful place. 52.06% of the adults in Gig Harbor have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Gig Harbor in 2022 was $66,028, which is wealthy relative to Washington and the nation. This equates to an annual income of $264,112 for a family of four.
Gig Harbor is a very ethnically-diverse city. The people who call Gig Harbor home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Gig Harbor residents report their race to be White, followed by Asian. Important ancestries of people in Gig Harbor include English, German, Irish, French, and Scottish.
The most common language spoken in Gig Harbor is English. Other important languages spoken here include Spanish and Korean.