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Gig Harbor, WA

Full City Profile · Washington · Kitsap County County

3.5 /5.0
B+ Good
12,202 Population 2,068/sq mi density
$106,042 Median Income $62,632 per capita
$686,000 Home Value $810,287 Zillow
$2,097 Median Rent 35.1% income on rent
52°F Avg Temperature 240 sunny days/yr
128 Violent Crime/100K 4,089 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$106,042 median income, 1.4% unemployment
B
Affordability
3.0 / 5.0
$686,000 home value, $2,097/mo rent
F
Safety
1.0 / 5.0
128 violent crimes/100K
A+
Education
5.0 / 5.0
50.6% bachelor's degree or higher

Housing Overview

Median Home Value
$686,000
143% above
US avg: $281,900
Median Rent
$2,097/mo
80% above
US avg: $1,163/mo
Homeownership Rate
62.6%
4% below US avg (65.4%)
Total Housing Units
5,332
Median year built: 1997

Home Value by Source

Census Median
$686,000
Zillow (ZHVI)
$810,287
Median Sale Price
$776,000
Median List Price
$1,075,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.6%
Owner-Occupied
37.4%
Renter-Occupied
63%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $2,097/mo · Zillow rent: $2,439/mo

Market Indicators (Redfin)

Median Days on Market
76 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
44
Price Drops
24.2%
of listings with price reduction
Price Per Sq Ft
$420
Active Inventory
99
homes for sale

Affordability & Housing Stock

Rent Burden
35.1%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
62.6%

Complete Housing Data

Home Values

Census Median Value$686,000
Zillow Home Value (ZHVI)$810,287
Median Sale Price$776,000
Median List Price$1,075,000
Price Per Sq Ft$420

Rent

Census Median Rent$2,097
Zillow Rent (ZORI)$2,439
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Days on Market76
Sale-to-List Ratio1.0%
Price Drops24.2%
Homes Sold44
Active Inventory99
Price Per Sq Ft$420

Ownership & Stock

Owner-Occupied62.6%
Renter-Occupied37.4%
Homeownership Rate62.6%
Total Housing Units5,332
Median Year Built1997
Rent Burden35.1%