Welcome to Tacoma, Washington
A city that is as vibrant and diverse as it is welcoming. With its unique blend of cultural richness, economic dynamism, and friendly community spirit, Tacoma has something for everyone. Let’s take a closer look at key demographic, economic, and social characteristics that make this city a prime destination for potential residents or investors.
Average Salary in Tacoma
Its average salary is a central indicator of Tacoma’s robust economy. The earnings compete favorably with many other locations nationwide, with a figure standing at $57,000. This competitive wage, combined with a wide range of job opportunities in sectors as diverse as Healthcare, government, education, manufacturing, tourism makes Tacoma an ideal location for professionals from various walks of life.
Median Home Value in Tacoma
The real estate landscape in Tacoma is as varied as it is promising. The median home value is $350,000, offering everything from cosy starter homes to luxurious residences. An impressive homeownership rate of Rented underlines Tacoma as a prime spot for long-term investment and stability.
For those who prefer the flexibility of renting, they’ll be in good company. Owned of the local populace choose to rent, drawn by a versatile rental market that offers options for everyone from recent graduates to retirees.
Credit Ratings and Loan Opportunities in Tacoma
The financial health of a city’s residents can be crucial in numerous aspects, including the capacity to secure loans. In Washington, the average credit score sits at 735. This rating is a key factor for financial institutions when offering loans, with higher scores often leading to more favorable loan conditions.
However, a low credit score is not a roadblock in Tacoma. Numerous lenders in the city are specialists in offering guidance and loan solutions to individuals across the credit score spectrum, ensuring everyone has the opportunity to realize their financial goals.
Demographics and Density in Tacoma
Tacoma has a population of around 219,205 inhabitants. These residents are comfortably spread across 49.7 sq mi (or 128.7 km2), ensuring a comfortable balance of urban life without the pressures of overpopulation. The city’s population density stands at 4,413 individuals per square mile, offering a sense of community while still allowing for personal space.
Economic Landscape in Tacoma
Tacoma enjoys a thriving economy with Healthcare, government, education, manufacturing, tourism being the major contributors. The proximity of the nearest airport (Seattle-Tacoma International Airport (SEA)), amplifies the city’s attractiveness for businesses seeking to expand or set up shop, offering excellent connectivity with both national and international markets. The city’s average credit score of 735 reflects a financially responsible and economically active populace.
Educational Opportunities in Tacoma
Tacoma holds education in high esteem. The city boasts top-ranking schools, such as Stadium High School, Wilson High School, Lincoln High School, Mount Tahoma High School, Tacoma School of the Arts, providing excellent educational opportunities from the foundational levels. For higher education, prestigious institutions like University of Puget Sound, Pacific Lutheran University and Tacoma Community College, produce a well-educated, competent workforce contributing to Tacoma’s vibrant economy and societal fabric.
City’s Alias: Tacoma
Affectionately known as ‘City of Destiny, T-Town‘, Tacoma, positioned at 47.25°N 122.46°W, is celebrated for its energetic culture, committed efforts to preserve its rich history, and the superior lifestyle it provides its residents. Whether you’re a potential resident, investor, or visitor, Tacoma promises a rewarding and enriching experience.
Recreation and Lifestyle in Tacoma
Experience the exciting pace of life in Tacoma, where many recreational activities await. Whether you’re an art enthusiast, a sports fanatic, or a nature lover, Tacoma caters to all. Popular attractions include Point Defiance Park, Museum of Glass and Tacoma Art Museum, providing a rich mixture of educational and entertainment experiences.
The city’s commitment to promoting a balanced lifestyle is further showcased by its array of parks and open spaces, ideal for relaxation or active pursuits. Not to forget Tacoma’s vibrant events calendar, filled with cultural festivals, sporting events, and community gatherings that highlight the city’s spirit of camaraderie.