Average Net Worth in Clallam County
Clallam County, Washington, includes communities such as Port Angeles, Sequim, and Forks. The U.S. Census Bureau and Federal Reserve data show that median household net worth in Clallam County is lower than the national median, reflecting a mix of retirees, working households, and rural economic conditions.
Key Components of Net Worth
Net worth is calculated as total assets minus total liabilities. In Clallam County, common assets include home equity, vehicles, retirement accounts, and savings. Liabilities often include mortgages, auto loans, and credit card balances. Local housing costs and property tax rates influence these figures.
How Clallam County Compares
Compared to wealthier urban counties in Washington, Clallam County shows lower average and median net worth. This aligns with its smaller population, older housing stock, and higher share of fixed-income retirees. Economic data from the U.S. Census Bureau provides detailed breakdowns by county and demographic group.
For the latest estimates, residents can review local data through the Federal Reserve's Survey of Consumer Finances and the U.S. Census Bureau's American Community Survey at https://www.census.gov/programs-surveys/acs.
