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State economy

Washington economy

Washington's unemployment rate was 4.8% in September 2026, down from 4.9% the month before and 4.7% a year earlier. That ranks 45 of 51 (1 = lowest); the national rate was 4.1%. Employers had 3.65 million jobs on their payrolls in September 2026, a gain of 24,800 (+0.7%) from a year earlier. Home prices (FHFA index) were +1.0% from a year earlier in Q2 2026. Median household income was $112,600 in 2025.

4.8%
unemployment rate
September 2026
Unemployment rate4.8%Rank 45 of 51 (1 = lowest)
10-year range3.6–17.1%Low Jan 2020 · high Apr 2020
Nonfarm jobs3.65M+0.7% in a year · rank 20
Home prices (FHFA)+1.0%1-year change · Q2 2026 · 5-yr +30%
Median household income$112,6002025 · rank 3 of 51

Washington: unemployment rate

Washington unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 4.8%; high 17.1% on Apr 1, 2020; low 3.6% on Jan 1, 2020.0%5%10%15%20%20082010201220142016201820202022202420264.8%High 17.1%Low 3.6%

Washington: jobs, change from a year earlier

Washington nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +0.7%; high +8.3% on May 1, 2021; low -10.9% on May 1, 2020.-15%-10%-5%0%5%10%20052010201520202025+0.7%High +8.3%Low -10.9%

Washington: home prices, change from a year earlier

Washington FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +1.0%; high +22.7% on Jan 1, 2022; low -10.3% on Jan 1, 2010.-20%-10%0%10%20%30%20052010201520202025+1.0%High +22.7%Low -10.3%

Washington: median household income

Washington median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $112,600; high $112,600 on Jul 1, 2025; low $24,000 on Jul 1, 1985.$20,000$40,000$60,000$80,000$100,000$120,0001990199520002005201020152020$112,600Low $24,000

Other states

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).