Economy & Jobs — Federal Way, Washington

Income & Employment

Median Household Income (Census)$86,909
Estimated 2026~$93,600
Per Capita Income$39,547
Poverty Rate13.0%
Unemployment Rate5.4%
In Labor Force51,743

Top Industries

IndustryShare
Education Healthcare19.5%
Retail11.6%
Manufacturing10.5%

Local Businesses (County)

TypeCount
Full Service Restaurants2,613
Real Estate Offices2,280
Fast Food1,782
Law Offices1,607
Dental Offices1,459
Physician Offices1,003
Child Day Care991
Coffee Shops977
Insurance Agencies858
Beauty Salons844
Commercial Banks551
Grocery Stores505
Accounting Firms498
Auto Repair467
Fitness Centers438
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.