Seattle Southside Households Have Significant Purchasing Power
| Median Income and Per Capita Income | ||||||
| Jurisdiction | Households in 2000 |
Median Household Income 1999 |
Families in 2000 |
Median Family Income 1999 |
Total Persons in 2000 |
Per Capita Income 1999 |
| Burien | 13,399 |
$41,577 | 8,092 | $53,814 | 31,881 | $23,737 |
| Des Moines | 11,337 | $48,971 | 7,306 | $57,003 | 29,267 | $24,127 |
| SeaTac | 9,708 |
$41,202 |
6,063 | $47,630 | 25,496 | $19,717 |
| Tukwila | 7,186 |
$40,718 | 4,036 | $42,442 | 17,181 | $22,354 |
| Seattle Southside | 41,630 | * | 25,497 | * | 103,825 | $22,627 |
| King County | 711,490 | $53,157 | 423,511 | $66,035 | 1,737,034 | $29,521 |
Wages Paid Are Higher Than Per Capita Income
| 2004 Average Annual Wage by Sector | |||||||
| Jurisdiction | Const/Res |
FIRE | Manufacturing | Retail | Services | WTU | Total |
| Burien | $32,800 |
$30,300 | $34,400 | $28,300 | $28,200 | $32,300 | $28,900 |
| Des Moines | $30,500 | $29,800 | $27,400 | $23,500 | $20,400 | $39,800 | $23,300 |
| SeaTac | $40,600 | $32,500 | * | * | $24,900 | $53,300 | $43,700 |
| Tukwila | $48,600 | $45,700 | $69,100 | $27,100 | $28,700 | $48,100 | $44,700 |
| Seattle Southside | $38,125 | $34,575 | $43,633 | $26,300 | $25,550 | $43,375 | $35,150 |
| King County | $47,000 | $60,400 | $60,600 | $30,800 | $47,100 | $55,300 | $48,600 |
Unemployment is Moderate in Seattle Southside
| 2005 Estimated Civilian Labor Force | ||||
| Jurisdiction | Estimated 2005 Civilian Labor Force |
Estimated 2005 Employed |
Estimated 2005 Unemployed | Estimated 2005 Unemployment Rate |
| Burien | 17,241 | 16,568 | 673 | 3.9% |
| Des Moines | 14,161 | 13,246 | 915 | 6.5% |
| SeaTac | 14,161 | 13,246 | 915 | 6.5% |
| Tukwila city | 9,927 | 9,276 | 651 | 6.6% |
| Seattle Southside | 56,966 | 53,798 | 3,168 | 5.7% |
| King County | 972,976 | 925,638 | 47,338 | 4.8% |
Seattle Southside Offers a Variety of Job Opportunities
| 2004 Total Jobs by Industry | |||||||||
| Jurisdiction | Construction/ Resources |
WTU |
Manufacturing | Retail | Information/ Technology |
Health | Other Services/ FIRE |
Government/ Education |
Total Jobs |
| Burien | 352 | 571 | 154 | 1851 | 550 | 3,268 | 2,764 | 2,300 | 11,810 |
| Des Moines | 385 |
235 |
26 | 484 | * | 1,231 | * | 1,545 | 5,650 |
| SeaTac | 412 | 13,369 | 543 | 421 | * | 352 | * | 2,572 | 25,821 |
| Tukwila | 1,516 | 6,634 | 10,758 | 7,224 | 1,918 | 978 | 9,949 | 2,057 | 41,034 |
| Seattle Southside | 2,665 | 20,809 | 11,481 | 9,980 | 2,468 | 5,829 | 12,713 | 8,474 | 84,315 |
| King County | 57,052 | 103,929 | 101,457 | 108,274 | 151,575 | 103,839 | 297,755 | 153,446 | 1,077,327 |
Economic Clusters
The Central Puget Sound region is home to a broadly distributed set of industrial clusters, including aerospace, clean technology, information technology, life sciences, and logistics and international trade. Clusters are geographically specific groupings of inter-connected companies (specialized suppliers, service providers and support institutions). By locating near each other, or clustering, businesses can increase their productivity, accelerate innovation, and stimulate new business formation.
Cluster Facts:
Aerospace - With more than 40,000 aerospace jobs in over 170 aerospace companies, the Central Puget Sound region is the largest commercial aviation center in the country.
Clean Technology - Over 400 companies in Washington employing 16,000 people make the Central Puget Sound region one of the largest concentrations of environmental and alternative energy businesses in the nation.
Information Technology - The most recognizable names in information technology are located in the Central Puget Sound region. These pioneers include Amazon, Expedia, Microsoft, Nintendo, and RealNetworks.
Life Sciences - 160 life science companies with more than 12,500 employees are located in the Central Puget Sound region. Seattle alone is home to over a dozen research institutes and the nation's leading public research university.
International Trade and Logistics - The Central Puget Sound region—and specifically, Seattle Southside—plays a strategic role in the new global economy. One in three jobs in Washington State support international trade. More than $40 billion worth of goods travel through the Ports of Seattle and Tacoma every year. Seattle-Tacoma International Airport is the 17th busiest U.S. commercial service airport and ranks among the top 20 air cargo airports in the country.
Regions around the world are realizing enormous benefits when the different parts of each cluster work better together. Those regions that have fully developed economic clusters have proven to be among the fastest growing, best performing regions in the world. They exhibit higher levels of job creation, higher wages and higher levels of wealth creation.
More information about the region’s economic clusters and initiatives can be found at the Prosperity Partnership, www.prosperitypartnership.org.
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