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Land Value per Square Foot 2006 and 2011) <br />2006 <br />Source: City of Tukwila's Strategic Pla n. <br />IV. Employment <br />2011 <br />One area of continued concern is that total employment in the City has continued to fall for over ten <br />years. Tukwila's job decline actually began before the Great Recession and the rate of decline increased <br />with the onset of the recession in 2008. <br />People from throughout the region come to Tukwila to work. A significantly larger number of people <br />work in Tukwila than actually live in the City. In 2010, Tukwila had 43,126 jobs; however, the City only <br />had 7,989 housing units. Tukwila's 5.40 job to housing ratio in much higher than the County average and <br />that of other south King County cities. <br />Employees who work in Tukwila live throughout the central Puget Sound region, with south and west <br />Seattle, Renton, and Kent having the highest concentrations of Tukwila employees. Residents of Tukwila <br />work primarily in Tukwila and surrounding cities or in downtown Seattle and Bellevue. Tukwila's <br />residents continue to make less than the County average and median income as fallen, when adjusted <br />for inflation. The median household income in the City in 2010 was $44,271 and is below King County's <br />median income of $66,174. Adjusting for inflation, Tukwila's median income fell between 2000 and <br />2010. Tukwila's 2000 adjusted median income (in 2010 dollars) was $53,127. Thus, real median income <br />in the City fell 16.67 percent from 2000 to 2010. <br />5 Economic Development Background Memo <br />41 <br />