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Spokane County, Washington: commercial real estate data.
Spokane County, Washington has a population of 549,056 across 1,764 square miles, up 3.1 percent since the 2020 census base. County output reached $40.04 bn in 2024, 14,426 establishments operate here, and the SBA record carries 750 7(a) approvals worth $371.6 m.
123 sourced county values · tier FULL · 11 sections
Spokane County
How many people live in Spokane County
- Population549,056
- Households218,395
- Average household size2.51
- Median household income$78,582
- Median age38.5
- Median gross rent$1,283 per month
- Median owner-occupied home value$410,700
- Home value to household income5.2 times
- Annual rent as a share of median income19.6 percent
- Adults 25 and over with a bachelor degree or higher33.1 percent
- Adults 25 and over with a graduate degree12.1 percent
- Adults 25 and over382,006
- Population under 18118,285
- Share under 1821.5 percent
- Population 65 and over95,527
- Share 65 and over17.4 percent
- Working age population, 18 to 64335,244
- Civilian labor force271,706
- Unemployment rate5.3 percent
- Labor force participation, adults 18 and over63.1 percent
- Rank by population among Washington counties4th of 39
- Rank by population among US county-equivalents128th
Spokane County is the 4th largest of 39 Washington counties by population. A median home costs 5.2 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents under 18 outnumber those 65 and over, at 21.5 percent against 17.4 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Spokane County
Is Spokane County growing
- Population change since the 2020 census base3.08 percent
- Census 2020 base population539,346
- Births, 20245,698
- Deaths, 20245,169
- Natural change, 2024529
- Net domestic migration, 20241,018
- Net international migration, 20241,631
- Total net migration, 20242,649
- Cumulative net domestic migration, 2021 to 20249,578
- Rank by growth among US county-equivalents852nd
The county has grown 3.08 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Spokane County
Where people moving to Spokane County come from
- Tax returns filed by households arriving13,150
- People arriving, from those returns22,788
- Adjusted gross income arriving$971.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$73,908
- Largest single originSpokane County Non-migrants (207,256 households)
- Largest single destination (207,256 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Spokane County Non-migrants | 207,256 | 410,864 | $18.73 bn |
| Other flows - Different State | 3,168 | 5,613 | $207.0 m |
| Other flows - South | 1,168 | 2,173 | $79.6 m |
| Kootenai County | 1,093 | 1,930 | $68.4 m |
| Other flows - West | 1,013 | 1,764 | $66.0 m |
| King County | 989 | 1,606 | $123.1 m |
| Other flows - Midwest | 678 | 1,193 | $41.0 m |
| Snohomish County | 491 | 870 | $46.8 m |
The largest single source of arrivals is Spokane County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Spokane County
What the Spokane County economy runs on
- County GDP, 2024$40.04 bn
- County GDP, 2023$37.82 bn
- GDP change, 2023 to 20245.9 percent
- GDP change over five years40.8 percent
- Rank by GDP among Washington counties4th
- Rank by GDP among US county-equivalents149th
- GDP per resident$72,933
Output grew 5.9 percent in the latest year and 40.8 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Spokane County
Who employs people in Spokane County
- Covered employment, annual average243,161
- Establishments reporting15,669
- Average annual pay$65,488
- Average weekly wage$1,259
- Sector 62, employment47,926
- Sector 62, average annual pay$66,422
- Sector 44-45, employment26,288
- Sector 44-45, average annual pay$43,844
- Sector 72, employment20,040
- Sector 72, average annual pay$29,661
- Sector 31-33, employment16,191
- Sector 31-33, average annual pay$74,378
- Sector 23, employment13,803
- Sector 56, employment13,348
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 47,926 | 1,909 | $66,422 |
| Sector 44-45 | 26,288 | 1,462 | $43,844 |
| Sector 72 | 20,040 | 1,155 | $29,661 |
| Sector 31-33 | 16,191 | 557 | $74,378 |
| Sector 23 | 13,803 | 2,084 | $70,972 |
| Sector 56 | 13,348 | 1,076 | $54,970 |
| Sector 54 | 11,760 | 2,254 | $97,027 |
| Sector 42 | 10,768 | 803 | $77,314 |
The largest sector is the biggest private employer group at 47,926 jobs, 19.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Spokane County
What businesses operate in Spokane County
- Establishments, all industries14,426
- Employment at those establishments218,708
- Annual payroll$12.69 bn
- Establishments per 1,000 residents26.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Spokane County
What is being built in Spokane County
- Housing units authorised by permit, 20243,626
- Declared construction value permitted$805.1 m
- Single family units authorised1,621
- Multifamily units authorised2,005
- Multifamily share of units55.3 percent
- Average declared value per unit$222,030
- Units authorised per 1,000 households16.6
Multifamily is 55.3 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Spokane County
How much SBA lending happens in Spokane County
- 7(a) approvals recorded750
- 7(a) gross approval dollars$371.6 m
- Average 7(a) approval$495,410
- Median 7(a) approval$185,000
- 10th percentile approval$25,000
- 90th percentile approval$1,350,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)8,071
- Jobs per approval10.8
- Distinct 7(a) lenders active77
- Distinct industries receiving approvals217
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer13.7 percent
- Loans on real estate terms103
- Loans on working capital terms, 120 months or shorter616
- Franchise loans72
- Franchise share of approvals9.6 percent
- Leading industry by approval countFull-Service Restaurants (40)
- Most active lenderWashington Trust Bank (83)
- 504 approvals recorded211
- 504 gross approval dollars$149.9 m
- Average 504 approval$710,270
- Median 504 approval$468,000
- Distinct CDCs active6
- 504 jobs per approval8.0
- 504 jobs per million dollars approved11.3
- Most active CDCNorthwest Business Development Association (113)
- 7(a) share of SBA approvals78.0 percent
- Combined SBA approval dollars$521.4 m
The average approval of $495,410 sits well above the median of $185,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 13.7 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Spokane County
Do SBA loans in Spokane County get paid back
- Loans with a final outcome recorded162
- Paid in full155
- Charged off7
- Charge off rate on resolved loans4.3 percent
- Status: Paid in full155
- Status: Exempt from disclosure482
- Status: Cancelled82
- Status: Charged off7
- Status: Committed, not yet disbursed24
Of the 162 loans that have reached a final outcome, 4.3 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Spokane County
Which parts of Spokane County get the lending
- Places in the county with recorded lending22
- SPOKANE, approvals440
- SPOKANE VALLEY, approvals176
- Liberty Lake, approvals29
- CHENEY, approvals19
- MEAD, approvals12
- COLBERT, approvals9
| Place | Approvals | Gross approval dollars |
|---|---|---|
| SPOKANE | 440 | $218,739,900 |
| SPOKANE VALLEY | 176 | $103,717,300 |
| Liberty Lake | 29 | $13,045,000 |
| CHENEY | 19 | $4,971,800 |
| MEAD | 12 | $1,393,700 |
| COLBERT | 9 | $1,182,000 |
| AIRWAY HEIGHTS | 9 | $8,942,700 |
| DEER PARK | 9 | $3,283,300 |
SPOKANE accounts for 440 approvals against 176 in SPOKANE VALLEY. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Spokane County
How big is Spokane County
- Land area1,764 sq mi
- Rank by land area among Washington counties19th of 39
- Width, east to west36.5 mi
- Height, north to south54.5 mi
- Geographies sharing a boundary4
- Residents per square mile of land311
- Establishments per square mile8.18
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Spokane County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Spokane County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population549,056
- Households218,395
- Average household size2.51
- Median household income$78,582
- Median age38.5
Common questions
Spokane County questions, answered from the record.
How many people live in Spokane County, Washington?
549,056, in 218,395 households, ranking 4th of 39 Washington counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Spokane County growing?
The population has grown 3.08 percent since the 2020 census base. In 2024 there were 5,698 births against 5,169 deaths, with net migration of 2,649. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Spokane County?
$78,582. The median owner-occupied home is valued at $410,700, which is 5.2 times income, and median gross rent is $1,283 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Spokane County?
14,426 establishments, employing 218,708 people with an annual payroll of $12.69 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Spokane County?
Average annual pay is $65,488, or $1,259 a week, across 243,161 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Spokane County?
750 7(a) approvals totalling $371.6 m since FY2020, across 77 lenders, with a median approval of $185,000, plus 211 504 approvals worth $149.9 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Spokane County get paid back?
Of the 162 loans that have reached a final outcome, 155 were paid in full and 7 charged off, a charge off rate of 4.3 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Spokane County?
3,626 housing units were authorised by permit in 2024, with a declared construction value of $805.1 m. Multifamily was 55.3 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Spokane County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Spokane County come from?
The largest single origin is Spokane County Non-migrants, with 207,256 households. Arriving households report an average income of $73,908 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Spokane County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Spokane County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.