Gig Harbor, Washington is a small town with just over 8,000 residents. It's a nice place to settle down, as retirees account for a greater percentage of the population (24%) here than they do nationally (14%), while young adults account for a smaller percentage of the town. Overall, the town's population, with an average age of just under 44, skews older than most cities in Washington. Renters tend to be in the minority in Gig Harbor, and 64% of residents own their homes. With an average rent of $1,353/month, exceeding the state average by $146 per month, relatively high rent costs could be playing a role in the higher levels of ownership.
Gig Harbor has an average commute time of about 26 minutes. Many residents (35%) commute to work by car, while public transit is not used extensively. Walking isn't a common way to get to work.
Gig Harbor has a large concentration of residents over the age of 25 with advanced degrees compared to the national average (7%), as 11% possess a Master's degree or a Doctoral degree. Additionally, 21% have a Bachelor's degree, which also outpaces the national average. There are two primary industries in Gig Harbor: retail and healthcare. Combined, these industries account for 13% of the town's labor force. Meanwhile, in terms of job function, many of the town's workers are in sales, as 7% of the town's population reports this as their field of work, the highest number of any profession. Gig Harbor workers take home an average annual income of around $91K, more than their peers elsewhere in Washington. Gig Harbor's average income also compares favorably to the national average ($73,345).