Sources: 2000 US Census, 2010 American Community Survey (1-year
weighted average; 2011); Source: 2006-2010 American Community
Survey (5-year weighted average; 2011) Exhibit 5-1 shows the
distribution of household income by income quintile. Each
quintile represents 20% of Seattle households. Income has
shifted little among the upper three quintiles from 2008 to
2011. In 2008, the top 20% highest income households accounted
for approximately 52% of Seattle income. In 2010, the highest
income households accounted for 52% of income, with an absolute
decrease of 0.4%. In the 4th income quintile, 2011 households
accounted for 23% of Seattle income, 0.1% higher than in 2008.
In 2009, income distribution was higher in all categories except
for the 3rd and 5th quintiles (Ex. 5-1). Seattle median
household income was $52,048 in 2011, about 15% higher than the
US median income of $45,00. Seven of eight population groups in
Seattle have higher median incomes than their national
counterparts (Ex. 5-2). |Business Owners |