Income

Household Income (HHI)

Median HHI - $102,247

With a Median Household Income of $102,247 the Tacoma-Bremerton-Olympia, WA Market ranks 19th across STI Markets.

Average HHI - $128,738

The Average Household Income is $128,738 for which this market ranks 24th.

Income Distribution

Income Distribution

Figure 37: Income Distribution

Income Distribtuion Line

Below the multi-colored line represents the same data for household income in the Tacoma-Bremerton-Olympia, WA market, but more equally lays out the distribution of population versus the income level, correcting for differences in size of income ranges. You will also notice that after 200k the income ranges are scaled down so the focus is more centered on the more numerous Households making under 200k. The black line represents the National Income Distribution for comparison.

Income Distribution Line

Figure 38: Income Distribution Line

Income Inequality - Moderate

The distribution of Household Income in the Tacoma-Bremerton-Olympia, WA market can be considered Moderate with a Gini coefficient of 0.421. This market ranks 162nd in Household Income Inequality across all STI Markets.

Average Household Income by Census Tract

The interquartile range of Average Household Income across the market’s Census Tracts, that is its 25th percentile and 75th percentile values, are $101,675 and $145,078, respectively.

Household Income Thematic

Figure 39: Household Income Thematic

HH Income by Age of Head of Householder

Distribtion Comaprison

Income Distribution Line

Figure 40: Income Distribution Line

HHI Age under 25 - $85,588

With an Average Household Income for those head of householders aged under 25 of $85,588 the Tacoma-Bremerton-Olympia, WA market ranks 16th across STI Markets.

HHI 00to25 Thematic

Figure 41: HHI 00to25 Thematic

HHI Age 25 to 45 - $135,715

With an Average Household Income for those head of householders aged 25 to 45 of $135,715 the Tacoma-Bremerton-Olympia, WA market ranks 23rd across STI Markets.

HHI 25to45 Thematic

Figure 42: HHI 25to45 Thematic

HHI Age 45 to 65 - $145,672

With an Average Household Income for those head of householders aged 45 to 65 of $145,672 the Tacoma-Bremerton-Olympia, WA market ranks 23rd across STI Markets.

HHI 45to65 Thematic

Figure 43: HHI 45to65 Thematic

HHI Age 65 plus - $103,421

With an Average Household Income for those head of householders aged 65 and over of $103,421 the Tacoma-Bremerton-Olympia, WA market ranks 26th across STI Markets.

HHI 65over Thematic

Figure 44: HHI 65over Thematic

HH Income by Age of Head of Householder

Distribtion Comaprison

Income Distribution Line

Figure 45: Income Distribution Line

HHI White - $130,786

With an Average Household Income for those head of householders Non-Hispanic White of $130,786 the Tacoma-Bremerton-Olympia, WA market ranks 31st across STI Markets.

HHI white Thematic

Figure 46: HHI white Thematic

HHI Black - $114,621

With an Average Household Income for those head of householders identifying as Non-Hispanic Black of $114,621 the Tacoma-Bremerton-Olympia, WA market ranks 14th across STI Markets.

HHI black Thematic

Figure 47: HHI black Thematic

HHI Asian - $133,210

With an Average Household Income for those head of householders identifying as Non-Hispanic Asian of $133,210 the Tacoma-Bremerton-Olympia, WA market ranks 49th across STI Markets.

HHI asian Thematic

Figure 48: HHI asian Thematic

HHI Other - $123,159

With an Average Household Income for those head of householders identifying as Non-Hispanic Other of $123,159 the Tacoma-Bremerton-Olympia, WA market ranks 27th across STI Markets.

HHI other Thematic

Figure 49: HHI other Thematic

HHI Hispanic - $121,627

With an Average Household Income for those head of householders identifying as Hispanic of $121,627 the Tacoma-Bremerton-Olympia, WA market ranks 19th across STI Markets.

HHI hispanic Thematic

Figure 50: HHI hispanic Thematic

Disposible Income - $101,588

Disposable income is defined here as Household Income after accounting for Federal, State, and Local taxes. The Average Household Disposable Income is $101,588 which ranks 18th across STI Markets.

This is a drop of $27,150, or 21.09%, overall this percentage drop ranks 96th across STI Markets.

Disposible Income VS HH Income

Figure 51: Disposible Income VS HH Income

Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease

Discretionary Income - $78,510

Discretionary income goes a step further. It takes Disposable Income, which already accounts for taxes, and accounts for the typical cost of Food, Housing, and Clothing. The Average Household Discretionary Income is $78,510 which ranks 13th across STI Markets.

This is a drop of $50,228, or 39.02%, overall this percentage drop ranks 143rd across STI Markets.

Discretionary Income VS HH Income

Figure 52: Discretionary Income VS HH Income

Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease