Hoquiam, Washington Median Income

Hoquiam, Washington has a population of 8,811, with a median household income of $62,118.

Current median income data for Hoquiam.

$62,118

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Population

8,811

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Median Income

$62,118

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Unemployment

4.00%

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Housing Price

$302,600

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Crime Rate

5.10

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Internet Speed

176.30 Mbps

Hoquiam is a small local community located in Washington. The city has a population that is below the average city population in Washington, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Washington, Hoquiam provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Hoquiam has a population of 8,811, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Hoquiam is $62,118, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Hoquiam is about $302,600, making it relatively affordable compared to many cities in Washington.

Employment and Safety

The unemployment rate in Hoquiam is 4.00%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Hoquiam are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Washington, Hoquiam shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Hoquiam offers a balanced mix of economic conditions, population trends, and housing opportunities within Washington.

Frequently Asked Questions about Hoquiam

What is the population of Hoquiam?

The population of Hoquiam is approximately 8,811.

Is Hoquiam a good place to live?

Hoquiam offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Hoquiam?

The median household income in Hoquiam is around $62,118.

How expensive is housing in Hoquiam?

The average housing price in Hoquiam is approximately $302,600.