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Gig Harbor, Washington

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
12,424
Population
$118,395
Median Income
$767,100
Home Value
46.6
Median Age

Demographics

Gig Harbor has a population of 12,424 with a median age of 46.6. Here is the racial and ethnic breakdown of the population:

White
80.6%
Other
10.3%
Hispanic
5.9%
Asian
2.5%
Black
0.7%
Demographic Value
Total Population12,424
Median Age46.6
White80.6%
Black or African American0.7%
Asian2.5%
Hispanic or Latino5.9%
Other / Two or More Races10.3%
Gig Harbor, Washington — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 80.6%Other: 10.3%Hispanic/Latino: 5.9%Asian: 2.5%Other: 0.7%12,424PopulationWhiteWhite80.6%OtherOther10.3%Hispanic/LatinoHispanic/Latino5.9%AsianAsian2.5%OtherOther0.7%

Income & Economy

The median household income in Gig Harbor is $118,395, which is 46.9% above the national median of $80,610. The per capita income is $66,028. The poverty rate is 7.0%.

$118,395
Median Household Income
$66,028
Per Capita Income
7.0%
Poverty Rate

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Education

In Gig Harbor, 96.5% of residents age 25+ have a high school diploma or higher, and 52.1% hold a bachelor's degree or higher (23.9% with a graduate or professional degree).

HS Diploma+
96.5%
Bachelor's+
52.1%
Graduate+
23.9%
Education Level % of Adults (25+)
High School Diploma or Higher96.5%
Bachelor's Degree or Higher52.1%
Graduate or Professional Degree23.9%

Housing

The median home value in Gig Harbor is $767,100, above the national median of $303,400. The median monthly rent is $2,301. The homeownership rate is 62.2%.

$767,100
Median Home Value
$2,301/mo
Median Rent
62.2%
Homeownership Rate
Housing Metric Value
Median Home Value$767,100
Median Monthly Rent$2,301
Homeownership Rate62.2%
Vacancy Rate6.4%

Salaries in Washington

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Frequently Asked Questions

What is the population of Gig Harbor, Washington?
The population of Gig Harbor, Washington is 12,424 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Gig Harbor, Washington?
The median household income in Gig Harbor, Washington is $118,395. This is 46.9% above the national median of $80,610.
What is the median home value in Gig Harbor, Washington?
The median home value in Gig Harbor, Washington is $767,100. The median monthly rent is $2,301.
What percentage of people in Gig Harbor have a college degree?
In Gig Harbor, Washington, 52.1% of adults age 25 and older hold a bachelor's degree or higher, and 96.5% have a high school diploma or higher.
Is Gig Harbor, Washington an affordable place to live?
The home price-to-income ratio in Gig Harbor, Washington is 6.5x (median home value $767,100 vs. median income $118,395), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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