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Economy, jobs and prices in Olympia, Washington: official figures

The median household income in Olympia was $81,302 a year in the 2020-2024 American Community Survey (in 2024 dollars), 406th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Washington median $98,141.

Median household income
$81,302
2020-2024
Unemployment rate (ACS)
7.3%
2020-2024
Mean travel time to work
20.0 min
2020-2024
Median gross rent (monthly)
$1,599
2020-2024
Median home value (owner-occupied)
$486,200
2020-2024
Homes occupied by their owners
49.8%
2020-2024
Households with a broadband subscription
94.8%
2020-2024

What is the per capita income in Olympia?

Income per resident (per capita income) in Olympia averaged $45,674 a year in 2020-2024, 295th highest of 823 US cities of 50,000 or more (US: $44,673; Washington: $53,744).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Olympia?

Olympia's Gini index of household income inequality was 0.436 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 319th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Olympia, Washington?

7.3% of the civilian labor force in Olympia was unemployed on average over 2020-2024 (2,137 people), 137th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Washington's 5.1%.

Source: U.S. Census Bureau · saved copy

What share of people in Olympia are working?

62.6% of Olympia's 47,706 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 226th lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Olympia have jobs?

27,259 residents of Olympia held civilian jobs, 57.1% of those aged 16 and over (US: 59.7%), and 465 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Olympia?

The largest industry group for working residents of Olympia was education, health care and social assistance (26.9% of employed residents), followed by public administration (17.8%) and retail trade (11.7%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Olympia work in manufacturing?

Manufacturing employed 2.9% of working residents of Olympia, 13th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 11.7% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Olympia, Washington?

Commuters in Olympia took 20.0 minutes on average to get to work in 2020-2024, 156th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 5.4% travelled an hour or more and 45.7% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Olympia get to work?

25.6% of workers living in Olympia worked from home in 2020-2024, 98th highest of 823 US cities of 50,000 or more (US: 15.1%). 59.4% drove to work alone, 6.3% carpooled, 1.9% used public transport and 4.9% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Olympia, Washington?

The median gross rent (rent plus utilities) in Olympia was $1,599 a month in 2020-2024, 409th highest of 823 US cities of 50,000 or more (US: $1,413; Washington: $1,760).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Olympia?

Owner-occupied homes in Olympia had a median value of $486,200 in 2020-2024 as estimated by their owners, 269th highest of 823 US cities of 50,000 or more (US: $332,700; Washington: $564,600).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Olympia?

The median home value in Olympia was 6.0 times the median household income, 213th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Olympia, Washington own their home?

49.8% of the 25,451 occupied homes in Olympia were lived in by their owners in 2020-2024 and 12,766 were rented, 204th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Washington: 63.8%).

Source: U.S. Census Bureau · saved copy

What share of homes in Olympia have broadband?

94.8% of households in Olympia had a broadband internet subscription of some type in 2020-2024, 212th highest of 823 US cities of 50,000 or more (US: 91.0%; Washington: 93.6%).

Source: U.S. Census Bureau · saved copy

How many households in Olympia have no internet?

2.9% of households in Olympia (726) had no internet access at home in 2020-2024, 183rd lowest of 823 US cities of 50,000 or more (US: 6.5%); 9.7% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Olympia compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Olympia ranks 406 of 823, highest first.

RankCityMedian household income (2024 dollars)
403Lancaster$81,511
404Vancouver$81,338
405Phoenix$81,332
406Olympia$81,302
407Summerville$81,046
408Manchester$81,007
409Minneapolis$80,846
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Olympia ranks 295 of 823, highest first.

RankCityPer capita income (2024 dollars)
292Richmond$45,790
293Lakewood$45,789
294Bismarck$45,788
295Olympia$45,674
296Bloomington$45,655
297Tacoma$45,650
298Vancouver$45,636
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Olympia ranks 505 of 823, highest first.

RankCityGini index of household income inequality
502Virginia Beach0.436
503Independence0.436
504Turlock0.436
505Olympia0.436
506Upland0.436
507Plymouth0.436
508Pinellas Park0.436
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Olympia ranks 137 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
134Anderson7.3%
135West Haven7.3%
136Buffalo7.3%
137Olympia7.3%
138Rancho Cordova7.3%
139South Fulton7.2%
140Santa Cruz7.2%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Olympia ranks 598 of 823, highest first.

RankCityLabor force participation rate (16 and over)
595Lodi62.7%
596Eugene62.7%
597South Bend62.7%
598Olympia62.6%
599Augusta62.6%
600Newport Beach62.6%
601Reading62.6%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Olympia ranks 668 of 823, highest first.

RankCityMean travel time to work (minutes)
665Albany20.0
666Tyler20.0
667Victoria20.0
668Olympia20.0
669Lafayette20.0
670Jeffersonville20.0
671Ann Arbor20.0
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Olympia ranks 98 of 823, highest first.

RankCityWorkers who worked from home
95Raleigh25.8%
96Wheaton25.7%
97Santa Clara25.7%
98Olympia25.6%
99Shoreline25.6%
100Fishers25.5%
101Queen Creek25.5%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Olympia ranks 268 of 823, highest first.

RankCityWorkers commuting by public transportation
265Columbus1.9%
266Pomona1.9%
267Athens1.9%
268Olympia1.9%
269Charlotte1.9%
270Woodland1.9%
271Springfield1.9%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Olympia ranks 811 of 823, highest first.

RankCityEmployed residents working in manufacturing
808Boynton Beach3.1%
809East Orange3.1%
810Santa Fe3.0%
811Olympia2.9%
812Fort Myers2.9%
813New York2.9%
814Laredo2.9%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Olympia ranks 153 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
150Wake Forest27.0%
151Medford27.0%
152Albuquerque27.0%
153Olympia26.9%
154Scranton26.9%
155Medford26.9%
156Eau Claire26.8%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Olympia ranks 409 of 823, highest first.

RankCityMedian gross rent per month
406Palm Bay$1,601
407Stonecrest$1,601
408Cathedral City$1,601
409Olympia$1,599
410Aurora$1,596
411Wake Forest$1,596
412Oak Park$1,593
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Olympia ranks 269 of 823, highest first.

RankCityMedian value of owner-occupied homes
266Greenville$487,500
267Carmel$486,800
268Fort Lauderdale$486,700
269Olympia$486,200
270Collierville$485,900
271Highland$485,600
272Henderson$484,900
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Olympia ranks 210 of 820, highest first.

RankCityMedian home value as a multiple of median household income
207Yonkers6.0x
208Mount Pleasant6.0x
209Pittsburg6.0x
210Olympia6.0x
211Perth Amboy6.0x
212Doral6.0x
213Miami Gardens5.9x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Olympia ranks 620 of 823, highest first.

RankCityOccupied homes lived in by their owners
617Bethlehem49.9%
618San Mateo49.9%
619Scranton49.9%
620Olympia49.8%
621Reno49.8%
622North Charleston49.8%
623Utica49.7%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Olympia ranks 212 of 823, highest first.

RankCityHouseholds with a broadband subscription
209Hayward94.8%
210Rancho Cucamonga94.8%
211Cambridge94.8%
212Olympia94.8%
213Chula Vista94.7%
214Deltona94.7%
215Daly City94.7%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Olympia ranks 641 of 823, highest first.

RankCityHouseholds with no internet access
638St. Louis Park2.9%
639Ames2.9%
640Lincoln2.9%
641Olympia2.9%
642San Clemente2.9%
643Plantation2.8%
644Berkeley2.8%
Source: U.S. Census Bureau · saved copy

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Sources

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