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Kitsap County, WA

RANK #727 / 996  ·  POP 275,411  ·  WA

PROJECTED GROWTH: -0.1%

Kitsap County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Kitsap County?

The Kitsap Peninsula, home to Kitsap County, offers a distinctive blend of maritime heritage and natural beauty, often highlighted by locals. Named for Chief Kitsap of the Suquamish Tribe, the county boasts over 250 miles of saltwater coastline with views of the Olympic and Cascade Mountains. Towns like Poulsbo, known as "Little Norway" for its Scandinavian roots, provide unique cultural experiences. Commute options to Seattle include multiple ferry routes, with passenger-only fast ferries from Bremerton taking about 30 minutes. Outdoor recreation is a major draw, with opportunities for kayaking, hiking in Green Mountain State Forest, and exploring parks like Port Gamble Forest Heritage Park.

Life in Kitsap County appeals to families and those seeking a quieter pace than nearby urban centers. The county's five public school districts, including Bainbridge Island and North Kitsap, offer a range of educational programs. The economy is significantly shaped by its public sector, with Naval Base Kitsap being a major employer for both military and civilian personnel. Beyond the military presence, the region is seeing investment in sectors such as advanced manufacturing and technology, contributing to a diversifying economic landscape.

[02] Market Snapshot

Housing Ratio
8.9x

Overvalued relative to economy

GDP Growth
+3.4%

Above national median

Home Prices
+1.6%

Above national median

Climate & Terrain
2.6

Moderate climate & terrain

Price/Rent
20x

Above national median (13x)

Housing looks overvalued at 8.9x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Kitsap County U.S. National

The Numbers

DEMOGRAPHICS
Population
275,411
+0.86% YoY
Median Household Income
$93,675
Median Home Value
$463,000
+1.63% 12mo
Median Rent
$1,635
Average Annual Pay
$71,579
+5.8% YoY
Employment
93,571
+0.6% YoY
Income-to-Home-Value
0.2023
Near national average
Migration Inflow
3.15%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$564,530
Days on Market
41
Moderate pace
Months of Supply
1.9
Seller's market
Sale-to-List Ratio
99.4%
Near asking price
Sold Above List
45.6%
Listings w/ Price Drops
26.3%
Building Permits (2024)
1,294
Single-Family Permits
976

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$520M
TOTAL
PROJECT AMOUNT STATUS
Seabrooke Renewable Energy Facility
Undisclosed (local utilities planning)
$200M Proposed
Agate Storage Project (Battery Energy Storage System)
BrightNight
$170M Planned
Amazon Fulfillment Center
Amazon
$50M Completed
Kitsap Mall Redevelopment (Former Macy's)
Rhino Investments Group
$50M Proposed
Kitsap County New Residential Construction (Multiple Communities)
Various Home Builders
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.4% 63 percentile
Population Growth +0.9% 67 percentile
Income Growth +10.7% 88 percentile
Vacancy Rate 0.8% 76 percentile
Home Price Change +1.6% 55 percentile
Rent Growth +1.1% 20 percentile
Price/Rent 20x 10 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Kitsap County, WA a good place to move to?

Kitsap County has a Boom Town Index score of 27/100, ranking #727 among 996 U.S. counties. With job growth at +0.6% and a median household income of $93,675, it faces some economic headwinds compared to faster-growing counties.

Is Kitsap County affordable?

The median home value in Kitsap County is $463,000 with median rent at $1,635/month. The income-to-home-value ratio is 0.2023, which is less affordable than the national average.

Is Kitsap County growing or shrinking?

Population growth: +0.9% year-over-year. Job growth: +0.6%. Home values changed +1.6% in the past 12 months.

Are people moving to Kitsap County?

Yes — 3.15% of Kitsap County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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