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Bellingham Economic Development

Overview

Bellingham is the most populous city in the US state of Washington. It is located 21 miles south of the US-Canada border between two major cities in the Pacific Northwest: Vancouver and British Columbia.

The median annual salary for an employee in Bellingham is $ 46,114, lower than the Washington State average of $ 57,480. In the first quarter of 2017, Bellingham's median home sales price was $ 382,763, compared with the Whatcom County median of $ 322,779.

Strong growth in jobs and income, along with a low number of homes for sale, contributed to the average monthly rent in February 2017 of $ 1,526.

Bellingham's largest employers are:

  • PeaceHealth St. Joseph Medical Center — 3028 employees
  • Western Washington University — 1700 employees
  • Bellingham School District — 1010 employees
  • Whatcom County — 907 employees
  • Bellingham city — 853 employees
  • Haggen — 750 employees
  • Fred Meyer — 710 employees
  • Whatcom Educational Credit Union — 668 employees
  • Bellingham Technical College — 664 employees
  • Zodiac Aerospace Bellingham — 496 employees

The median household income in Bellingham, WA is $50,844.

The economy of Bellingham employs 45.4k people. The largest industries in Bellingham are Retail Trade (6,472 people), Educational Services (6,205 people), and Health Care & Social Assistance (5,873 people), and the highest paying industries are Utilities ($55,333), Public Administration ($54,909), and Professional, Scientific, & Technical Services ($47,270).

Employment by Industries

From 2017 to 2018, employment in Bellingham, WA grew at a rate of 3.49%, from 43.9k employees to 45.4k employees.

Image source: https://datausa.io/profile/geo/bellingham-wa#economy
Image source: https://datausa.io/profile/geo/bellingham-wa#economy

References