HomeWashingtonSpokane County
Spokane County, Washington: commercial real estate data.
Spokane County, Washington had an estimated 555,947 residents on July 1, 2024, up 3.1 percent since the 2020 census base of 539,346, across 1,764 square miles. 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Spokane County
How many people live in Spokane County
- Population, American Community Survey 2020-2024549,056
- 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-equivalents, Puerto Rico included128th of 3,222
Spokane County is the 4th largest of 39 Washington counties by population. A median home costs 5.2 times median household income, which is severely unaffordable by national standards. 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's population growing?
- Population, July 1, 2024555,947
- Census 2020 base population539,346
- Population change since the 2020 census base3.08 percent
- Population change, 2023 to 20243,189
- 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 of 3,144
The county has grown 3.08 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Spokane County
Where are people moving to Spokane County from?
- Tax returns filed by households arriving13,150
- People arriving, from those returns22,788
- Tax returns filed by households leaving12,131
- Net household movement1,019
- Adjusted gross income arriving$971.9 m
- Net adjusted gross income movement$167.4 m
- Average income of an arriving household$73,908
- Average income of a leaving household$66,317
- Largest single originKootenai County (1,093 households)
- Largest single destinationKootenai County (977 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Kootenai County | 1,093 | 1,930 | $68.4 m |
| King County | 989 | 1,606 | $123.1 m |
| Snohomish County | 491 | 870 | $46.8 m |
| Stevens County | 476 | 857 | $27.9 m |
| Pierce County | 429 | 789 | $33.3 m |
| Benton County | 263 | 452 | $15.1 m |
| Maricopa County | 240 | 388 | $17.6 m |
| Los Angeles County | 224 | 369 | $15.6 m |
Households arriving report $7,591 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Kootenai County, 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 is the Spokane County economy?
- 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 the Washington areas BEA publishes4th of 39
- Rank by GDP among the US county areas BEA publishes149th of 3,127
- 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
Employment by industry in Spokane County
- Covered employment, annual average243,161
- Establishments reporting15,669
- Average annual pay$65,488
- Average weekly wage$1,259
- Health care and social assistance, employment47,926
- Health care and social assistance, average annual pay$66,422
- Retail trade, employment26,288
- Retail trade, average annual pay$43,844
- Accommodation and food services, employment20,040
- Accommodation and food services, average annual pay$29,661
- Manufacturing, employment16,191
- Manufacturing, average annual pay$74,378
- Construction, employment13,803
- Administrative and support and waste management services, employment13,348
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 47,926 | 1,909 | $66,422 |
| Retail trade | 26,288 | 1,462 | $43,844 |
| Accommodation and food services | 20,040 | 1,155 | $29,661 |
| Manufacturing | 16,191 | 557 | $74,378 |
| Construction | 13,803 | 2,084 | $70,972 |
| Administrative and support and waste management services | 13,348 | 1,076 | $54,970 |
| Professional, scientific and technical services | 11,760 | 2,254 | $97,027 |
| Wholesale trade | 10,768 | 803 | $77,314 |
Health care and social assistance is the largest private sector at 47,926 jobs, 19.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Spokane County
How many businesses are 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. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Spokane County
Building permits in Spokane County
- Housing units authorized by permit, 20243,626
- Declared construction value permitted$805.1 m
- Single family units authorized1,621
- Multifamily units authorized2,005
- Multifamily share of units55.3 percent
- Average declared value per unit$222,030
- Units authorized per 1,000 households16.6
Multifamily is 55.3 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Spokane County
SBA loans in Spokane County (7(a) and 504)
- 7(a) approvals recorded750
- 7(a) gross approval dollars$371.6 m
- Average 7(a) approval$495,410
- Median 7(a) approval$184,000
- 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)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$521.4 m
The average approval of $495,410 sits well above the median of $184,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here 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
SBA loan default and charge-off rates in 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.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Spokane County
SBA lending by place in Spokane County
- Borrower cities with recorded lending22
- Spokane, approvals440
- Spokane Valley, approvals176
- Liberty Lake, approvals29
- Cheney, approvals19
- Mead, approvals12
- Airway Heights, approvals9
| Borrower city | 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 |
| Airway Heights | 9 | $8,942,700 |
| Deer Park | 9 | $3,283,300 |
| Colbert | 9 | $1,182,000 |
| 14 other borrower cities | 47 | $16,281,900 |
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 large 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 boundary7
- 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.
Spokane County
Flood risk in Spokane County
- Participation of the county's own NFIP community Spokane County, unincorporated areasParticipating, community 530174
- Communities in the county in the NFIP Community Status Book12
- Of those, participating in the NFIP10
- NFIP participation rate83.3 percent
- Communities carrying a CRS class0
- Radon levels in Spokane County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Spokane County (community 530174), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Spokane County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 83.3 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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.
- Population, American Community Survey 2020-2024549,056
- 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?
The Census Bureau estimates 555,947 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?
The population has grown 3.08 percent since the 2020 census base of 539,346, to 555,947 on July 1, 2024. 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 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 employment by industry in Spokane County?
Health care and social assistance is the largest private sector at 47,926 jobs, 19.7 percent of covered employment. Covered employment averages 243,161 jobs at an average annual pay of $65,488, or $1,259 a week. 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 totaling $371.6 m since FY2020, across 77 lenders, with a median approval of $184,000, plus 211 504 approvals worth $149.9 m since FY2010. 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.
How many building permits were issued in Spokane County?
3,626 housing units were authorized 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 Kootenai County, with 1,093 households. Arriving households report an average income of $73,908 against $66,317 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?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Spokane County
Cities and places in Spokane.
21 Census places lie wholly or partly in Spokane County. All 21 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Spokane | city | 230,293 | 440 | Wholly in this county |
| Spokane Valley | city | 106,365 | 176 | Wholly in this county |
| Cheney | city | 12,804 | 19 | Wholly in this county |
| Liberty Lake | city | 12,737 | 29 | Wholly in this county |
| Airway Heights | city | 11,245 | 9 | Wholly in this county |
| Fairwood | CDP | 10,674 | None recorded | Wholly in this county |
| Mead | CDP | 6,893 | 12 | Wholly in this county |
| Country Homes | CDP | 6,198 | None recorded | Wholly in this county |
| Otis Orchards-East Farms | CDP | 5,454 | None recorded | Wholly in this county |
| Medical Lake | city | 4,950 | 5 | Wholly in this county |
| Town and Country | CDP | 4,890 | None recorded | Wholly in this county |
| Deer Park | city | 4,791 | 9 | Wholly in this county |
| Fairchild AFB | CDP | 2,931 | None recorded | Wholly in this county |
| Millwood | city | 1,890 | None recorded | Wholly in this county |
| Fairfield | town | 621 | 5 | Wholly in this county |
| Rockford | town | 493 | 7 | Wholly in this county |
| Green Bluff | CDP | 323 | None recorded | Wholly in this county |
| Four Lakes | CDP | 322 | None recorded | Wholly in this county |
| Spangle | city | 322 | None recorded | Wholly in this county |
| Latah | town | 235 | None recorded | Wholly in this county |
| Waverly | town | 166 | None recorded | Wholly in this county |
A further 39 of the county's 750 SBA 7(a) approvals are to borrowers in cities that match no Census place in Spokane County, the largest being Colbert (9), Chattaroy (7), Valleyford (5). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.