Seattle s population is 3.9M, with a total workforce of 2.0M. The labor market grew by 36,700 jobs over the past year, up by 1.8%. The median household income in Seattle is $83,876, 2.1% higher than last year and 36.7% above the national average of $61,372. In the housing market, total permits issued totaled 23,759 over the last twelve months, down 10.0% year-over-year. Seattle has 358 active new home projects on the market, 13.3% more than the 316 from last year. The average list price in the market is $695,963, 3.0% higher than last year and 129.9% above the national average. Over the last three months, new home contracts decreased by 10.7% to 2,040. Seattle and Puyallup had the highest concentration of the new home contracts in the Seattle market.
