Union Hill-Novelty Hill, Washington Income Statistics
Union Hill-Novelty Hill 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+
Union Hill-Novelty Hill Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Union Hill-Novelty Hill | Washington Avg | US Average |
|---|---|---|---|
| Median Household Income | $184,178 | $98,224 | $80,455 |
| Median Personal Income | $131,100 | $73,370 | $60,758 |
| Average Yearly Income Growth | 5.2% | 5.6% | 4.8% |
| Six-Figure Earners | 40.3% | 19.3% | 13.9% |
| $200k+ Households | 45.9% | 18.5% | 13.2% |
The median household income in Union Hill-Novelty Hill is about 88% higher than in Washington. Income has been growing slower in Union Hill-Novelty Hill (5.2%/yr) than in Washington (5.6%/yr).
About 40% of adults in Union Hill-Novelty Hill 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 Union Hill-Novelty Hill, Washington grew by 62.4% from 2009 to 2024, reaching $184,178 in 2024. That's an average of about 5.2% per year.
Income Inequality and the Gender Pay Gap in Union Hill-Novelty Hill
| Metric | Union Hill-Novelty Hill | Washington Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.519 | 0.534 | 0.552 |
| Male Median Income | $138,956 | $86,137 | $69,667 |
| Female Median Income | $120,749 | $68,506 | $56,850 |
| Gender Pay Gap | 13.1% | 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 Union Hill-Novelty Hill, it is 0.519, 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 Union Hill-Novelty Hill, Washington. Over a 35-year career, a 15% wage gap accumulates to roughly $637,245 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Union Hill-Novelty Hill, Washington has narrowed from about 43% to 13% in 2024. Over that period the gap was widest at 47% in 2010. In dollar terms, the gap has narrowed by $26,535 since 2009.
Employment
| Metric | Union Hill-Novelty Hill | Washington Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.4% | 5.0% | 5.2% |
| Working from Home | 42.6% | 19.8% | 15.0% |
| Commute time (minutes) | 25 | 22 | 22 |
Approximately 699 people are unemployed in Union Hill-Novelty Hill, Washington.
The average commute time in Union Hill-Novelty Hill is 25 minutes, longer than the 22 minutes in Washington.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Union Hill-Novelty Hill, Washington has risen from 5.5% to 6.4% in 2024. Over that period the rate fell as low as 2.9% in 2020.
Union Hill-Novelty Hill, WA Wealth Compared With Nearby Cities
Union Hill-Novelty Hill, WA is the smallest of the 4 cities compared here, 23,529 residents against a local median of 59,678. Union Hill-Novelty Hill, WA's unemployment, at 6.4%, runs 74% above the 3.7% typical of the cities around it. That is the weaker end of the local range on this measure.
The cities themselves spread 1.7% on unemployment, so Union Hill-Novelty Hill, WA sits at one end of an already wide local range rather than apart from it. Union Hill-Novelty Hill, WA has the 4th lowest unemployment of the 4 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Union Hill-Novelty Hill, WA | 23,529 | $184,178 #3/4 | 5.2%/yr #2/4 | 6.4% #4/4 | 0.519 #4/4 |
| Sammamish, WA | 59,678 | $206,707 | 4.6%/yr | 3.2% | 0.513 |
| Cottage Lake, WA | 24,620 | $200,961 | 5.1%/yr | 3.7% | 0.516 |
| Redmond, WA | 71,994 | $160,130 | 5.4%/yr | 4.9% | 0.490 |
Conclusion
Considering all these factors, Union Hill-Novelty Hill, Washington has an overall wealth index grade of A+, making it far better than Washington, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Union Hill-Novelty Hill, Washington.
How Wealthy Is Union Hill-Novelty Hill, Washington?
Union Hill-Novelty Hill 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 $184,178, about 88% higher than the Washington average of $98,224.
How has median household income changed in Union Hill-Novelty Hill, Washington?
Between 2009 and 2024, the median household income in Union Hill-Novelty Hill, Washington rose 62%, from $113,412 to $184,178. Over the same years, income here lagged behind Washington as a whole: +62% against +73%.
What was the median household income in Union Hill-Novelty Hill in 2023?
In 2023, the median household income in Union Hill-Novelty Hill, Washington was $181,251, up 2% from $177,565 in 2022. The Washington median that year was $95,216.
What was the median household income in Union Hill-Novelty Hill in 2020?
In 2020, the median household income in Union Hill-Novelty Hill, Washington was $158,446. By 2024 it had risen 16% to $184,178.
Is Union Hill-Novelty Hill, Washington a high-income area?
Yes. 40% of adults in Union Hill-Novelty Hill, Washington earn $100,000 or more a year (about 1 in 2), against 19% (about 1 in 5) in Washington. 46% of households have a combined income of $200,000 or more, compared with 18% in Washington.
Is unemployment high in Union Hill-Novelty Hill, Washington?
Unemployment in Union Hill-Novelty Hill, Washington is 6.4%, well above the Washington rate of 5.0%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Union Hill-Novelty Hill, Washington?
The Gini coefficient in Union Hill-Novelty Hill is 0.519. 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 Union Hill-Novelty Hill, Washington?
Since 2009, the income gap between men and women in Union Hill-Novelty Hill, Washington has narrowed from about 43% to 13% in 2024. Over that period the gap was widest at 47% in 2010. In dollar terms, the gap has narrowed by $26,535 since 2009.
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