Economy in Washington

GDP, income, output and the industries that drive the economy.

Real GDP (chained 2017 dollars)
$715,876,000,000
2025 · BEA
Real GDP growth
3.2%
2025 · Annual % change in BEA real GDP
Per capita personal income
$88,944
2025 · BEA
Median household income (CPS)
$112,600
2025 · Census CPS ASEC
Poverty rate, all ages (SAIPE)
10.0%
2024 · Census Small Area Income and Poverty Estimates
CPI inflation, U.S.
2.9%
2024 · BLS CPI-U U.S. city average
Nominal GDP (current dollars)
$892,255,000,000
2025 · BEA
Government jobs
617,275
2025 · BLS Current Employment Statistics

GDP

Total economic output.

Real GDP (chained 2017 dollars)
$715,876,000,000
2025 · BEA
Rank
10th in the U.S.
Share of U.S. GDP
2.9%

Real GDP (chained 2017 dollars)

1997–2025
$715,876,000,000▲ 154%

BEA, chained 2017 dollars (FRED WARGSP).

IndicatorWashingtonU.S.
GDP (USD B)86029200
  • •If Washington were a country its economy would rank around 20th in the world, close to Switzerland or Poland.

GDP Growth

Real growth of output.

Real GDP growth
3.2%
2025 · Annual % change in BEA real GDP
Rank
Top 5 in the U.S.

Real GDP growth

1998–2025
3.2%

Annual % change in BEA real GDP (WARGSP).

IndicatorWashingtonU.S.
Real GDP growth (%)3.62.8
  • •Software publishing and aerospace make Washington's growth rate one of the most volatile — and usually one of the highest — in the country.

Personal Income

Income per resident.

Per capita personal income
$88,944
2025 · BEA
Personal income per capita
$78,600
Rank
8th in the U.S.

Per capita personal income

1970–2025
$88,944▲ 1921%

BEA, current dollars (FRED WAPCPI).

IndicatorWashingtonU.S.
Personal income per capita (USD)7860069810
  • •Stock-based compensation at Amazon and Microsoft adds billions to Washington's measured personal income each year.

Median Household Income

Typical household income.

Median household income (CPS)
$112,600
2025 · Census CPS ASEC
Median household income
$94,605
Rank
7th in the U.S.
Per capita income
$50,200

Median household income (CPS)

1984–2025
$112,600▲ 350%

Census CPS ASEC, current dollars (FRED MEHOINUSWAA646N).

IndicatorWashingtonU.S.
Median household income (USD)9460577719
  • •King County's median household income tops $120,000, higher than most U.S. states.

Poverty Rate

Share living below the poverty line.

Poverty rate, all ages (SAIPE)
10.0%
2024 · Census Small Area Income and Poverty Estimates
Poverty rate
10.0%
Rank
9th lowest in the U.S.
Child poverty
11.6%

Poverty rate, all ages (SAIPE)

1989–2024
10%

Census Small Area Income and Poverty Estimates (FRED PPAAWA53000A156NCEN).

IndicatorWashingtonU.S.
Poverty rate (%)10.012.5
  • •Washington's poverty rate is well below the national average, but housing costs push many working households near the margin.

Inflation

Consumer price change.

CPI inflation, U.S.
2.9%
2024 · BLS CPI-U U.S. city average
CPI change
+2.7%
Shelter inflation
+4.0%
Food inflation
+2.0%

CPI inflation, U.S.

2007–2024
2.9%

BLS CPI-U U.S. city average, annual average change (CPIAUCNS).

IndicatorWashingtonU.S.
CPI change (%)2.73.0
  • •Midwest inflation readings have run slightly below the national rate since 2023.

Economic Output

Output per resident and worker.

Nominal GDP (current dollars)
$892,255,000,000
2025 · BEA
GDP per capita
$75,200
Output per worker
$141,000
Rank
27th in the U.S.

Nominal GDP (current dollars)

1997–2025
$892,255,000,000▲ 360%

BEA, current dollars (FRED WANGSP).

IndicatorWashingtonU.S.
GDP per capita (USD)7520087200
  • •Output per worker in Washington is below the U.S. average, partly because so many people work in lower-wage sectors.

Industry Breakdown

Composition of the economy.

Government jobs
617,275
2025 · BLS Current Employment Statistics
Manufacturing jobs
271,150
2025 · BLS Current Employment Statistics
Construction jobs
217,950
2025 · BLS Current Employment Statistics
Largest sector
Information & tech
Aerospace jobs
~90,000

Government jobs

1990–2025
617,275▲ 55%

BLS Current Employment Statistics, annual average (FRED WAGOVT).

Manufacturing jobs

1990–2025
271,150▼ 19%

BLS Current Employment Statistics, annual average (FRED WAMFG).

Construction jobs

1990–2025
217,950▲ 87%

BLS Current Employment Statistics, annual average (FRED WACONS).

IndicatorWashingtonU.S.
Information sector share of GDP (%)14.05.5
  • •Washington grows about two thirds of all U.S. apples and is simultaneously home to Amazon, Microsoft and Boeing's widebody plants.

More figures

GDP
$838 B
10th in the U.S.
GDP per capita
$106,700
Top 5 in the U.S.
Unemployment rate
4.5%
2024
Median annual wage
$60,900
Top 5 in the U.S.
Fortune 500 HQs
11 companies
Leading sector
Information & aerospace