Cost of Living in Gig Harbor, WA

Population 12,202 · Washington · Data vintage 2023

199
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Gig Harbor run well above the national baseline, with a median of $686,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $106,042 place the city among the better-paid Washington metros. The labor market has been unusually tight, with unemployment around 2.6% — below most comparable cities in the state.

Located 9 miles northwest of Tacoma, Gig Harbor falls within that metro's commuting orbit. Median home values run roughly 51% higher than Tacoma's $455,000.

Cost Overview

Housing 225
Rent 160

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Gig Harbor

The median home value in Gig Harbor is $686,000 — 125% above the national median of $305,000. Median rent runs $2,097/month, 60% higher than the national median of $1,314/month. The median household income of $106,042/year is 42% higher than the US median of $74,580. The local unemployment rate is 2.6%, below the national average of 4.8%. Washington charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 59.6°F and lows of 44.3°F. Overall, Gig Harbor has a cost of living index of 199 versus the US average of 100, meaning it is 99% more expensive.

🏠 Housing

Median Home Value
$686,000
125% above avg
Zillow Home Value
$810,287
Zillow ZHVI
Median Rent
$2,097/mo
60% above avg
Zillow Rent
$2,439/mo
Zillow ZORI
Price-to-Rent Ratio
27.3x
Favors renting
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$963
1 BR
$1,018
2 BR
$1,317
3 BR
$1,845
4 BR
$2,071
Owner-occupied 62.6%
Renter-occupied 37.4%

💰 Estimated Monthly Budget

Rent median rent
$2,097
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,711/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.2 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.6%

Commute Mode

Drove alone
69.6%
Carpooled
6.9%
Public transit
1.0%
Walked
3.6%
Work from home
17.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.2%
State rate 6.5%
Avg local rate 2.7%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$106,042
42% above avg
Per Capita Income
$62,632
Unemployment Rate
2.6%
46% below avg
Poverty Rate
5.8%
Labor Force Participation
54.5%

🎓 Education

Bachelor's degree+ 26.8%
Graduate degree 23.8%

👥 Demographics

Median Age 47.6
Male median age 46.2
Female median age 51

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.6°F
Avg Low
44.3°F
Annual Precip
42"
30° 43° 55° 68° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 464853586570767670595146
Low °F 363739414751545451464036
Precip" 6.064.114.633.392.081.360.680.861.544.327.185.81

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
74.8%
Good air days/yr
195
Max AQI recorded
150
PM2.5 days
213
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

88%
4-Year Graduation Rate
18.4:1
Student-teacher ratio
15
Public schools
9,545
Total enrollment

Frequently Asked Questions

What is the cost of living in Gig Harbor, WA?

Gig Harbor has a cost index of 199 (100 = national average). It is 99% above the national average.

What is average rent in Gig Harbor, WA?

The median gross rent in Gig Harbor is $2,097 per month based on 2023 Census data.

What is the average home price in Gig Harbor?

The median home value in Gig Harbor is $686,000 according to Zillow and Census data.

What is the median income in Gig Harbor?

The median household income in Gig Harbor is $106,042 per year (2023 ACS 5-year estimates).

What is the sales tax in Gig Harbor, WA?

The combined state and local sales tax rate in Gig Harbor is 9.2%. Washington has no state income tax.

Is Gig Harbor, WA affordable?

Gig Harbor is above average in cost of living, with an index of 199 — about 99% higher than the national average.

What is the weather like in Gig Harbor?

Gig Harbor has average high temperatures of 59.6°F and average lows of 44.3°F. Annual precipitation is 42". Data from NOAA 1991–2020 Climate Normals.

Gig Harbor at a Glance

Population
12,202
Median Income
$106,042
Home Value
$686,000
Median Rent
$2,097/mo
Unemployment
2.6%
Avg High Temp
59.6°F
Sales Tax
9.2%
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Explore county-level cost of living data

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