North Lynnwood, Washington Income Statistics
North Lynnwood 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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B
North Lynnwood Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | North Lynnwood | Washington Avg | US Average |
|---|---|---|---|
| Median Household Income | $101,654 | $98,224 | $80,455 |
| Median Personal Income | $68,956 | $73,370 | $60,758 |
| Average Yearly Income Growth | 6.0% | 5.6% | 4.8% |
| Six-Figure Earners | 19.9% | 19.3% | 13.9% |
| $200k+ Households | 15.0% | 18.5% | 13.2% |
The median household income in North Lynnwood is about 3% higher than in Washington. Income has been growing faster in North Lynnwood (6.0%/yr) than in Washington (5.6%/yr).
About 20% of adults in North Lynnwood 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 North Lynnwood, Washington grew by 76.8% from 2009 to 2024, reaching $101,654 in 2024. That's an average of about 6.0% per year.
Income Inequality and the Gender Pay Gap in North Lynnwood
| Metric | North Lynnwood | Washington Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.502 | 0.534 | 0.552 |
| Male Median Income | $82,438 | $86,137 | $69,667 |
| Female Median Income | $70,266 | $68,506 | $56,850 |
| Gender Pay Gap | 14.8% | 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 North Lynnwood, it is 0.502, 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 17% more than women's income in North Lynnwood, Washington. Over a 35-year career, a 17% wage gap accumulates to roughly $426,020 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in North Lynnwood, Washington has narrowed from about 21% to 15% in 2024. Over that period the gap was widest at 25% in 2013, and was narrowest at 7% in 2021. In dollar terms, the gap has widened by $2,343 since 2009.
Employment
| Metric | North Lynnwood | Washington Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 5.0% | 5.2% |
| Working from Home | 18.3% | 19.8% | 15.0% |
| Commute time (minutes) | 27 | 22 | 22 |
Approximately 702 people are unemployed in North Lynnwood, Washington.
The average commute time in North Lynnwood is 27 minutes, longer than the 22 minutes in Washington.
Unemployment Rate Over Time
Since 2011, the unemployment rate in North Lynnwood, Washington has fallen from 8.5% to 4.7% in 2024. Over that period the rate peaked at 8.6% in 2014 and fell as low as 3.7% in 2020.
North Lynnwood, WA Wealth Compared With Nearby Cities
How North Lynnwood, 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. |
|---|---|---|---|---|---|
| North Lynnwood, WA | 23,579 | $101,654 #1/2 | 6.0%/yr #1/2 | 4.7% #2/2 | 0.502 #1/2 |
| Lynnwood, WA | 41,626 | $81,645 | 5.3%/yr | 4.5% | 0.545 |
Conclusion
Considering all these factors, North Lynnwood, Washington has an overall wealth index grade of B, making it about on par with Washington, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in North Lynnwood, Washington.
How Rich Is North Lynnwood, Washington?
North Lynnwood has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $101,654, about 3% higher than the Washington average of $98,224.
Are incomes growing in North Lynnwood, Washington?
Between 2009 and 2024, the median household income in North Lynnwood, Washington rose 77%, from $57,502 to $101,654. Over the same years, income here outpaced Washington as a whole: +77% against +73%.
What was the median household income in North Lynnwood in 2023?
In 2023, the median household income in North Lynnwood, Washington was $101,803, up 10% from $92,214 in 2022. The Washington median that year was $95,216.
What was the median household income in North Lynnwood in 2020?
In 2020, the median household income in North Lynnwood, Washington was $79,647. By 2024 it had risen 28% to $101,654.
What is the Gini coefficient in North Lynnwood, Washington?
The Gini coefficient in North Lynnwood is 0.502. 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 North Lynnwood, Washington?
Since 2009, the income gap between men and women in North Lynnwood, Washington has narrowed from about 21% to 15% in 2024. Over that period the gap was widest at 25% in 2013, and was narrowest at 7% in 2021. In dollar terms, the gap has widened by $2,343 since 2009.
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