There are many factors to consider when choosing to start or expand a business or make a lifestyle change. Employment rates, average wages, visitor and real estate information are just a few of the pillars that make up a vibrant economic community. The information below is a diverse body of regional data intended to assist you in seeking opportunities and making important decisions.
Included are all persons in the City of Spokane who, (a) did any work as paid employees, worked in their own business, or worked 15 hours or more as unpaid workers in a family business, or (b) were not working but who had jobs from which they were temporarily absent.
July 2024
106,446
Increased by:
City-wide data
Included are all persons in the City of Spokane who, (a) did any work as paid employees, worked in their own business, or worked 15 hours or more as unpaid workers in a family business, or (b) were not working but who had jobs from which they were temporarily absent.
105,757
104,813
106,756
108,750
107,971
107,093
105,375
105,182
105,820
106,880
107,747
107,937
106,446
2023
2024
Employment Levels
Median sales prices represent that price at which half the sales that take place in the Spokane County are at higher prices and half at lower prices.
August 2024
$425,000
Increased by:
County-wide data
Median sales prices represent that price at which half the sales that take place in the Spokane County are at higher prices and half at lower prices.
$420,000
$410,000
$397,000
$407,500
$375,000
$385,000
$400,000
$420,000
$426,000
$420,000
$428,898
$417,038
$425,000
2023
2024
Median Home Price
This measures all building permits issued by the City of Spokane, including commercial, industrial, and new construction residential and remodel permits.
August 2024
561
Decreased by:
City-wide data
This measures all building permits issued by the City of Spokane, including commercial, industrial, and new construction residential and remodel permits.
580
506
514
395
267
313
333
454
564
584
N/A
600
561
2023
2024
Buidling Permits
This measures the unemployed percent of the civilian labor force, [i.e (unemployment count/civilian labor force)] for those living in the City of Spokane.
July 2024
4.8%
Increased by:
City-wide data
This measures the unemployed percent of the civilian labor force, [i.e (unemployment count/civilian labor force)] for those living in the City of Spokane.
3.7%
4.5%
3.9%
4.1%
4.4%
5.0%
5.8%
6.4%
5.5%
4.3%
4.4%
4.2%
4.8%
2023
2024
Unemployment Rate
The average annual wage measures the total wages in industries covered by unemployment insurace divided by total employment in those same industries in Spokane County.
Fouth Quarter 2023
$62,377
Increased by:
County-wide data
The average annual wage measures the total wages in industries covered by unemployment insurace divided by total employment in those same industries in Spokane County.
$54.981
$56,071
$56,094
$57,300
$57,564
$58,136
$61,152
$61,309
$63,032
$59,992
$61,864
$62,377
2021
2022
2023
Average Annual Wage
This measures the proportion of the inventory zoned for office space that is vacant within the Spokane Central Business District. No data for the first half of 2020 due to Covid-19.
Second Half 2022
12.5%
Decreased by:
City-wide data
This measures the proportion of the inventory zoned for office space that is vacant within the Spokane Central Business District. No data for the first half of 2020 due to Covid-19.
0%
15%
14.2%
17.3%
0%
12.5%
2010
2021
2022
Office Vacancy Rate
This estimate measured the net employment outlook, the share of employers anticipating an increase in hiring activity subtracting the percentage of employers expecting a decrease in hiring activity based in the Spokane MSA.
Second Quarter 2020
16%
Increased by:
County-wide data
This estimate measured the net employment outlook, the share of employers anticipating an increase in hiring activity subtracting the percentage of employers expecting a decrease in hiring activity based in the Spokane MSA.
17%
14%
23%
18%
9%
16%
2019
2020
Share of Companies Hiring
This measures the total number of passengers flying in and out of Spokane International Airport
June 2024
387,892
Increased by:
County-wide data
This measures the total number of passengers flying in and out of Spokane International Airport
378,760
408,343
399,037
347,765
358,007
334,976
335,030
295,644
293,662
349,456
333,557
358,872
387,892
2023
2024
Passengers at GEG
This measures the percent of vacant building area (square feet) of zoned industrial space within the County. No data for the first half of 2020 due to Covid-19.
Second Half 2022
2.8%
Decreased by:
County-wide data
This measures the percent of vacant building area (square feet) of zoned industrial space within the County. No data for the first half of 2020 due to Covid-19.
0%
3.2%
3.2%
2.8%
0%
2.8%
2020
2021
2022
Industrial Vacancy Rate
