MyNeighborhood

Can you afford to live in Gig Harbor?

Median household income, home values and rent in Gig Harbor, WA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Gig Harbor.

Median household income: $106,042 — +62.2% since 2015 (not adjusted for inflation)

Median gross rent: $2,097/mo — +70.9% since 2015

Median home value, 2015 to 2023

  • 2015: 347500
  • 2023: 686000

Median household income

  • Gig Harbor: 106042
  • Pierce County: 96632
  • WA: 94952
  • U.S.: 78538

Median gross rent

  • Gig Harbor: 2097
  • Pierce County: 1722
  • WA: 1682
  • U.S.: 1348

Share of income a typical renter spends on rent: 35.1% — U.S.: 30.2%

What it means

The typical household here earns $106,042 — far higher than the national figure of $78,538.

The typical renter here spends 35.1% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+70.9% versus +62.2%), before adjusting for inflation.

Sources

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