Seattle city, WA

ZIP 98103 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Seattle city, WA (98103)

Median Income

$127,372

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+2,792

Wealth inflow

Population

51,988

Unemployment

3.3%

0.4pp below US avg

IRS migration statistics show a net inflow of about 2,792 for ZIP 98103 (Seattle city, WA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

3.3%-11% vs US avg

Self-Employed

1.6%-73% vs US avg

SNAP Benefits

3.3%-72% vs US avg

1,982

Establishments

25,838

Employees

~13 per establishment — small businesses dominate

Professional services

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.2%
Construction2.9%
Manufacturing7.3%
Wholesale trade1.2%
Retail trade9.6%
Transportation, utilities2.6%
Information6.2%
Finance, insurance, real estate5.0%
Professional, scientific, management25.9%
Education, health care, social25.1%
Arts, entertainment, food services7.5%
Other services4.7%
Public administration1.8%

Household Income

Historical Trends in 98103 (2020–Present)

Since 2020, population declined 4.1%, median income rose 2.6% (inflation-adjusted), home values increased 9.5%.

Median Income

$127,372

+69% vs US avg

Unemployment Rate