Five-year estimates released this week by the U.S. Census Bureau show how things have changed since the Great Recession, and reveal some of the factors driving Clark County’s saturated housing market.
Here are six takeaways from the newly released data.
Wages are stagnant
Among all of the cities in Clark County, Vancouver had the lowest median household income in 2014 at $50,379, according to Census estimates. Median household income has hovered around $50,000 since 2007.
Wages appear to be stagnant in some of the smaller cities. Washougal’s median income has stayed between $60,000 and $63,000 over the last five years, according to the estimates. Median wages in Battle Ground have hovered between $55,000 and $60,000. Income is higher in La Center; median income was estimated to be $71,948 in 2014, which is much higher than the state’s median income of $60,294.
Childless, married couples are bringing in the most money in Camas, where the median household income is $108,071 — about twice the national level.