Gig Harbor, WA

This city of 13,052 residents needs 759 more housing units over the next five years. Gig Harbor is part of the Puget Sound Regional Council.

Housing snapshot

Population
13,052 (2026)
Households
5,443
Median household income
$132,603 (2026)
Typical home value
$862,264
Owner-occupied
58%
Five-year housing need
759 units

Comparison to other Washington municipalities

Gig Harbor: $132,603 Median income (2026 estimate)
<$34K >$195K
Gig Harbor: 1.93 jobs to household ratio
<0.12 >2.69
Gig Harbor: Permits since 2021 represent 7.0% of housing
<0.2% >21.9%
On this page

How affordable is this community?

The typical home in Gig Harbor, WA is valued at $862,264, well above the Washington average of $445,887. Gig Harbor, WA's median household income of $132,603 falls well short of what is needed to afford the typical home, leaving a gap of about $68,600.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Gig Harbor, WA has a population of roughly 12,424 and is one of the faster-growing communities in its state, adding residents at 3.8% per year.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Gig Harbor, WA is one of the faster-growing communities in Washington, adding households at 3.8% per year and totaling roughly 5,443 households.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

In Gig Harbor, WA, detached single-family accounts for 60% of the housing stock. Homeownership is the norm in Gig Harbor, WA, with 58% of units owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Gig Harbor, WA needs 759 new units over the next 5 years.

669
Units needed to keep up with expected growth
Projected total household growth from 2026 to 2031.
12.3%
Projected household growth rate
Expected increase in total households from 5,443 in 2026 to 6,112 in 2031.
90
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
13
Replacement housing
Effective annual loss rate is 0.5 per 1,000 units.
50
Ownership vacancy adjustment
Owner-occupied vacancy is 0.0%. This is below the minimum stable target of 1.5%.
27
Substandard housing adjustment
Substandard housing rate is 1.50%. This is above National avg. of 0.98%.
759
Total 5-year housing production need (2026-2031)
152
Annual production pace
Average units needed per year to meet 5-year need
13.4%
Total housing unit growth
Percent increase in housing stock over 5 years
2.7%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?