Yakima, WA Economic Development
Yakima in Washington has a median household income of $44,950. Census Tract 4 had the highest median household income in Yakima in 2019, with a value of $78,549, followed by Census Tract 28.02 and Census Tract 8, with values of $73,801 and $71,395, respectively.
Males in Washington have an average income that is 1.36 times more than females, who have an average income of $58,599. The Gini index for income inequality in Washington is 0.468, which is lower than the national average.
Yakima's economy employs 39.800 people. The largest industries in Yakima are:
- Health Care & Social Assistance (6,263 people)
- Retail Trade (4,549 people)
- Agriculture, Forestry, Fishing & Hunting (4,327 people)
The highest paying industries in Yakima are
- Utilities ($70,927)
- Public Administration ($47,820)
- Finance & Insurance ($44,383)
From 2018 to 2019, employment in Yakima decreased by 0.353 percent, from 39.900 to 39.800 jobs. The most prevalent employment groupings in Yakima are:
- Office & Administrative Support Occupations (4,124 people)
- Farming, Fishing, & Forestry Occupations (3,795 people)
- Material Moving Occupations(3,725 people)
Yakima has an exceptionally high number of inhabitants working in
- Farming, Fishing, & Forestry Occupations
- Material Moving Occupations
- Community & Social Service Occupations
Yakima has an extraordinarily high number of Agriculture, Forestry, Fishing & Hunting (9.21 times greater than predicted), Wholesale Trade (1.8 times), and Transportation & Warehousing (1.74 times) sectors when compared to other areas.