Bainbridge Island, Washington Income Statistics
Bainbridge Island Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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A+
Bainbridge Island Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Bainbridge Island | Washington Avg | US Average |
|---|---|---|---|
| Median Household Income | $173,619 | $98,224 | $80,455 |
| Median Personal Income | $123,099 | $73,370 | $60,758 |
| Average Yearly Income Growth | 6.7% | 5.6% | 4.8% |
| Six-Figure Earners | 37.4% | 19.3% | 13.9% |
| $200k+ Households | 43.5% | 18.5% | 13.2% |
The median household income in Bainbridge Island is about 77% higher than in Washington. Income has been growing faster in Bainbridge Island (6.7%/yr) than in Washington (5.6%/yr).
About 37% of adults in Bainbridge Island earn six figures ($100,000 or more) a year, higher than the Washington average of 19%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Bainbridge Island, Washington grew by 98.1% from 2009 to 2024, reaching $173,619 in 2024. That's an average of about 6.7% per year.
Income Inequality and the Gender Pay Gap in Bainbridge Island
| Metric | Bainbridge Island | Washington Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.497 | 0.534 | 0.552 |
| Male Median Income | $136,246 | $86,137 | $69,667 |
| Female Median Income | $118,165 | $68,506 | $56,850 |
| Gender Pay Gap | 13.3% | 20.5% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Bainbridge Island, it is 0.497, lower than Washington's 0.534, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 15% more than women's income in Bainbridge Island, Washington. Over a 35-year career, a 15% wage gap accumulates to roughly $632,835 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bainbridge Island, Washington has narrowed from about 36% to 13% in 2024. Over that period the gap was widest at 47% in 2012. In dollar terms, the gap has narrowed by $15,661 since 2009.
Employment
| Metric | Bainbridge Island | Washington Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.7% | 5.0% | 5.2% |
| Working from Home | 40.3% | 19.8% | 15.0% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 322 people are unemployed in Bainbridge Island, Washington.
The average commute time in Bainbridge Island is 22 minutes, about the same as in Washington.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bainbridge Island, Washington has fallen from 7.0% to 2.7% in 2024. Over that period the rate peaked at 7.5% in 2012.
Conclusion
Considering all these factors, Bainbridge Island, Washington has an overall wealth index grade of A+, making it notably better than Washington, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Bainbridge Island, Washington.
How Rich Is Bainbridge Island, Washington?
Bainbridge Island has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $173,619, about 77% higher than the Washington average of $98,224.
How has median household income changed in Bainbridge Island, Washington?
Between 2009 and 2024, the median household income in Bainbridge Island, Washington rose 98%, from $87,661 to $173,619. Over the same years, income here outpaced Washington as a whole: +98% against +73%.
What was the median household income in Bainbridge Island in 2023?
In 2023, the median household income in Bainbridge Island, Washington was $157,634, up 4% from $151,151 in 2022. The Washington median that year was $95,216.
What was the median household income in Bainbridge Island in 2020?
In 2020, the median household income in Bainbridge Island, Washington was $125,996. By 2024 it had risen 38% to $173,619.
Do many residents of Bainbridge Island, Washington earn over $100,000?
Yes. 37% of adults in Bainbridge Island, Washington earn $100,000 or more a year (about 1 in 3), against 19% (about 1 in 5) in Washington. 44% of households have a combined income of $200,000 or more, compared with 18% in Washington.
Is unemployment high in Bainbridge Island, Washington?
Unemployment in Bainbridge Island, Washington is only 2.7%, well below the Washington rate of 5.0%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Bainbridge Island, Washington?
The Gini coefficient in Bainbridge Island is 0.497. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Bainbridge Island, Washington?
Since 2009, the income gap between men and women in Bainbridge Island, Washington has narrowed from about 36% to 13% in 2024. Over that period the gap was widest at 47% in 2012. In dollar terms, the gap has narrowed by $15,661 since 2009.
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