What is Considered the Median Income of Queen Anne, Seattle?
Queen Anne, a prestigious neighborhood in Seattle, boasts a high cost of living, reflected in its median income. Pinpointing a precise, up-to-the-minute figure requires accessing constantly updating real estate and census data. However, we can explore the factors that influence this number and provide a reasonable estimate based on available information. Understanding the median income helps paint a picture of the neighborhood's economic landscape and its residents' financial profile.
What factors influence the median income in Queen Anne?
Several factors contribute to Queen Anne's high median income:
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High Property Values: Queen Anne is known for its stunning views, beautiful homes (including many historic Victorians), and proximity to downtown Seattle. This translates into significantly higher property values than many other Seattle neighborhoods, requiring substantial financial resources for homeownership.
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Desirable Location: The neighborhood's central location, excellent schools, and walkability contribute to its desirability. This high demand directly impacts housing costs and, consequently, the income levels of its residents.
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Job Market: Queen Anne’s proximity to downtown Seattle, a major employment hub, provides access to high-paying jobs in various sectors, including technology, finance, and healthcare.
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Demographics: The residents of Queen Anne tend to be highly educated and hold professional positions, further contributing to the higher median income.
What is a reasonable estimate of the median household income in Queen Anne?
While precise, real-time data fluctuates, reliable sources like the U.S. Census Bureau and Zillow provide insights. Based on these sources and recent reports, a reasonable estimate for the median household income in Queen Anne would place it significantly above the Seattle average and likely well into the six-figure range. It’s important to note that this is an estimate, and the actual median income may vary slightly depending on the data source and the timeframe considered. For the most current and precise figures, it's recommended to consult the latest data from the U.S. Census Bureau or other reputable sources specializing in Seattle real estate and demographic data.
How does Queen Anne's median income compare to other Seattle neighborhoods?
Queen Anne consistently ranks among the wealthiest neighborhoods in Seattle. Its median income substantially surpasses that of many other areas in the city, reflecting its premium location, housing costs, and resident demographics.
Where can I find the most up-to-date information on Queen Anne's median income?
To find the most current information, I recommend checking these sources:
- United States Census Bureau: The Census Bureau provides detailed demographic data, including income information, broken down by neighborhood.
- City of Seattle Data Portal: The city often publishes data related to demographics and socioeconomic indicators.
- Zillow or Redfin: These real estate websites often include neighborhood summaries that may offer income-related statistics, though not always as detailed as Census data.
Remember that median income is just one factor reflecting the economic profile of a neighborhood. It's crucial to consider other factors like cost of living, property taxes, and the overall lifestyle when assessing a community's economic landscape.
