Washington Economic Overview

Key economic indicators for Washington (WA). Population: 7,705,281.

Unemployment Rate

3.8%

Below national avg (~4.2%)

Median Annual Wage

$72,000

Source: Census ACS / BLS

Wage Growth (YoY)

+3.8%

Year-over-year change

Population

7.7M

Source: 2020 Census

About the Washington Economy

Washington has an unemployment rate of 3.8%, which is below the national average. The median annual wage is $72,000, with wages growing at 3.8% year-over-year. With a population of 7,705,281, Washington is the a mid-size state economy in the U.S.