Best Places for Business and Careers 2019

Tacoma, WA

Tacoma-Lakewood, WA
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Tacoma, WA

Tacoma-Lakewood, WA
gross metro product
$45B
population
891.3K
median household income
$71,160
median home price
$367,000
cost of living
13% above nat'l avg
college attainment
26%
net migration
1,970 (year: 2018)
unemployment
5.4%
major industries
Technology, Agriculture
job growth
2.7% (year: 2018)
As of October 2019
It is known as the City of Destiny because the area was chosen to be the western terminus of the Northern Pacific Railroad in the late 19th century. Presently, the neighboring Commencement Bay serves the Port of Tacoma, a center of international trade on the Pacific Coast and Washington's largest port. Points of interest include the Museum of Glass, which boasts an iconic structure standing near the Thea Foss Waterway, the Tacoma Art Museum, Washington State History Museum and Broadway Center for the Performing Arts. Some
notable historical landmarks located in the city are Engine House No. 9, Fireboat No. 1, William Ross Rust House and Tacoma Narrows Bridge.
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On forbes lists
#67
In Cost of Doing Business
#38
In Job Growth
#151
In Education
By The Numbers
EmploymentHousingEducationQuality of Life
Job Growth
2.7% (year: 2018)
Projected Annual Job Growth
1.3%
Unemployment
5.4%
Median Household Income
$71,160
Household Income Growth
3.8%
High-Tech Employment
0.7%
  • Data is for the metro area
  • Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
  • Numbers as of October 2019


  • a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
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