Kenmore, Washington Income Statistics
Kenmore 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+
Kenmore Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Kenmore | Washington Avg | US Average |
|---|---|---|---|
| Median Household Income | $151,773 | $98,224 | $80,455 |
| Median Personal Income | $104,996 | $73,370 | $60,758 |
| Average Yearly Income Growth | 6.2% | 5.6% | 4.8% |
| Six-Figure Earners | 32.5% | 19.3% | 13.9% |
| $200k+ Households | 37.9% | 18.5% | 13.2% |
The median household income in Kenmore is about 55% higher than in Washington. Income has been growing faster in Kenmore (6.2%/yr) than in Washington (5.6%/yr).
About 32% of adults in Kenmore 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 Kenmore, Washington grew by 81.6% from 2009 to 2024, reaching $151,773 in 2024. That's an average of about 6.2% per year.
Income Inequality and the Gender Pay Gap in Kenmore
| Metric | Kenmore | Washington Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.505 | 0.534 | 0.552 |
| Male Median Income | $121,257 | $86,137 | $69,667 |
| Female Median Income | $96,670 | $68,506 | $56,850 |
| Gender Pay Gap | 20.3% | 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 Kenmore, it is 0.505, 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 25% more than women's income in Kenmore, Washington. Over a 35-year career, a 25% wage gap accumulates to roughly $860,545 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Kenmore, Washington has widened from about 17% to 20% in 2024. Over that period the gap was widest at 35% in 2021. In dollar terms, the gap has widened by $13,453 since 2009.
Sharply against the trend: the pay gap in Kenmore widened by 3.4 points while Washington's narrowed by 4.4 points.
Employment
| Metric | Kenmore | Washington Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.9% | 5.0% | 5.2% |
| Working from Home | 32.6% | 19.8% | 15.0% |
| Commute time (minutes) | 28 | 22 | 22 |
Approximately 534 people are unemployed in Kenmore, Washington.
The average commute time in Kenmore is 28 minutes, longer than the 22 minutes in Washington.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Kenmore, Washington has fallen from 5.4% to 3.9% in 2024. Over that period the rate peaked at 7.6% in 2013 and fell as low as 3.4% in 2023.
Kenmore, WA Wealth Compared With Nearby Cities
How Kenmore, WA compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Kenmore, WA | 24,544 | $151,773 #1/2 | 6.2%/yr #2/2 | 3.9% #1/2 | 0.505 #2/2 |
| Bothell, WA | 53,988 | $148,505 | 6.4%/yr | 3.9% | 0.495 |
Conclusion
Considering all these factors, Kenmore, 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 Kenmore, Washington.
How Rich Is Kenmore, Washington?
Kenmore 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 $151,773, about 55% higher than the Washington average of $98,224.
Are incomes growing in Kenmore, Washington?
Between 2009 and 2024, the median household income in Kenmore, Washington rose 82%, from $83,558 to $151,773. Over the same years, income here outpaced Washington as a whole: +82% against +73%.
What was the median household income in Kenmore in 2023?
In 2023, the median household income in Kenmore, Washington was $147,782, up 7% from $137,697 in 2022. The Washington median that year was $95,216.
What was the median household income in Kenmore in 2020?
In 2020, the median household income in Kenmore, Washington was $120,664. By 2024 it had risen 26% to $151,773.
Is Kenmore, Washington a high-income area?
Yes. 32% of adults in Kenmore, Washington earn $100,000 or more a year (about 1 in 3), against 19% (about 1 in 5) in Washington. 38% of households have a combined income of $200,000 or more, compared with 18% in Washington.
How strong is the job market in Kenmore, Washington?
Unemployment in Kenmore, Washington is only 3.9%, 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 Kenmore, Washington?
The Gini coefficient in Kenmore is 0.505. 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 Kenmore, Washington?
Since 2009, the income gap between men and women in Kenmore, Washington has widened from about 17% to 20% in 2024. Over that period the gap was widest at 35% in 2021. In dollar terms, the gap has widened by $13,453 since 2009.
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