Groundwork

Real estate · Metro area · Washington

Property management companies in the Seattle-Tacoma-Bellevue, WA metro area

How the Seattle-Tacoma-Bellevue, WA metro area compares with other metro areas and the U.S. for property management companies: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 55 out of 100: Upper middle

Ranked #139 of 374 scored metro areas
#10 of 11 scored metro areas based in Washington

Listings
551
19 chain locations (3%)
Official establishments
1,321
−4.5% since 2019
Household spending a year
$34.1B
On rent and homeowner costs · $21,227 a household
Housing spending per listing (U.S. = 100)
112
12% above the U.S.
Listings per 10k households
3.4
13% above the U.S.
Population, 2025
4,161,883
+3.3% since 2020

See the property management companies around any address in the Seattle-Tacoma-Bellevue metro area

The site report maps the property management companies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Seattle-Tacoma-Bellevue metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 551 property management companies in the Seattle-Tacoma-Bellevue metro area. Of those, 19 are chain locations, or 3%, against 4% across the U.S. That is 3.4 per 10,000 households, 13% above the U.S. rate of 3.0.

Households in the Seattle-Tacoma-Bellevue metro area spend about $34.1B a year on rent and homeowner costs, or $21,227 per household, 27% above the U.S. average. Housing spending per company is 12% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

Official counts show 1,321 businesses with payroll classed as residential and commercial property managers in the Seattle-Tacoma-Bellevue metro area in 2023, down 4.5% from 2019. That is one for every 1,218 households, against one for every 1,638 across the U.S. Since fiscal 2022, 10 SBA-backed loans worth $2.2M have gone to businesses classed as residential and commercial property managers in the Seattle-Tacoma-Bellevue metro area.

Population estimates show the Seattle-Tacoma-Bellevue metro area grew 3.3% from 2020 to 2025, in step with the U.S. (+3.1%). The Groundwork market score for property management companies in the Seattle-Tacoma-Bellevue metro area is 55 (upper middle), #139 of 374 scored metro areas and #10 of 11 scored metro areas based in Washington.

How the Seattle-Tacoma-Bellevue metro area compares

The same measures for Washington and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Seattle-Tacoma-Bellevue, WA metro area compared with Washington and the U.S.
MeasureSeattle-Tacoma-Bellevue metro areaWashingtonU.S.
Listings per 10k households3.43.03.0
Housing spending per listing (U.S. = 100)112117100
Households per official establishment1,2181,4181,638
Official establishment growth, 2019–2023−4.5%+0.6%+11.4%
Population growth, 2020–2025+3.3%+3.6%+3.1%
Spending per household on rent and homeowner costs$21,227$19,779$16,661
Median household income$115,177$98,141$80,734
Groundwork market score5561

Official counts and lending

Businesses

Official establishments, 2019 to 2023
1,321−4.5% over the period
Employees, 2023
13,175
Annual payroll, 2023
$999.6M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
55119 chain locations
Listings at the U.S. rate for this spending
615The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
10
Amount
$2.2M

SBA-backed loans to businesses classed as residential and commercial property managers in the Seattle-Tacoma-Bellevue metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Seattle-Tacoma-Bellevue metro area

Population, 2025 estimate
4,161,883+3.3% since 2020
Households
1,608,596
Median age
38.9
Homes lived in by their owners
60%
Vehicles per household
1.8
Land area
5,870 sq. mi.
People per square mile
692
Median household income
$115,177+32.6% vs. 2015–2019, before inflation
Average household income
$158,706
Median home value
$717,500
Jobs located here
2,129,194
Daytime population
4,229,343Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Seattle-Tacoma-Bellevue metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.

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Property management across Washington

Every Washington market ranked →

The highest-scoring metro areas in Washington for property management companies, numbered among those based in Washington, with the Seattle-Tacoma-Bellevue metro area marked.

Top metro areas in Washington

Metro areas in Washington ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Longview-Kelso, WA8271.6196+3.5%#7 of 374
2Kennewick-Richland, WA73201.9181+6.5%#21 of 374
3Wenatchee-East Wenatchee, WA7281.7196+5.0%#24 of 374
4Mount Vernon-Anacortes, WA69122.3146+2.4%#39 of 374
5Bremerton-Silverdale-Port Orchard, WA65282.6139+2.7%#62 of 374
6Walla Walla, WA6152.1147−0.4%#87 of 374
7Olympia-Lacey-Tumwater, WA59322.7126+2.8%#106 of 374
8Bellingham, WA59303.2102+3.9%#108 of 374
9Yakima, WA55212.4126+1.0%#134 of 374
10Seattle-Tacoma-Bellevue, WA555513.4112+3.3%#139 of 374

Other business types in the Seattle-Tacoma-Bellevue metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many property management companies are in the Seattle-Tacoma-Bellevue, WA metro area?

There are 551 property management companies on map listings in the Seattle-Tacoma-Bellevue metro area as of September 2026. 19 of them (3%) are chain locations. The listings count property management companies. Official counts show 1,321 businesses with payroll classed as residential and commercial property managers in 2023, down 4.5% from 2019.

How much do households in the Seattle-Tacoma-Bellevue, WA metro area spend on rent and homeowner costs?

About $34.1B a year, or $21,227 per household. That is 27% above the U.S. average (an index of 127, where 100 is the U.S. average). For the 551 property management companies on map listings, housing spending per company is 12% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. It is estimated from the incomes of the 1,608,596 households in the Seattle-Tacoma-Bellevue metro area and national spending patterns by income.

How does the Seattle-Tacoma-Bellevue, WA metro area compare with the U.S. for property management companies?

The Seattle-Tacoma-Bellevue metro area has 3.4 property management companies per 10,000 households, 13% above the U.S. rate of 3.0. The index of housing spending per company is 112, where 100 is the U.S. At the national ratio of property management companies to household spending, the Seattle-Tacoma-Bellevue metro area would have about 615, against 551 on map listings. There is one business with payroll in the industry for every 1,218 households, against one for every 1,638 across the U.S. The official count fell 4.5% from 2019 to 2023, against +11.4% for the U.S.

How fast is the Seattle-Tacoma-Bellevue, WA metro area growing?

Population estimates put the Seattle-Tacoma-Bellevue metro area at 4,161,883 people in 2025, up 3.3% since 2020, in step with the U.S. (+3.1%). It has 1,608,596 households. The median household income in the Seattle-Tacoma-Bellevue metro area is $115,177 a year, 43% above the U.S. median of $80,734. That rose 32.6% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Seattle-Tacoma-Bellevue metro area scores 55 for property management companies (upper middle), #139 of 374 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Seattle-Tacoma-Bellevue metro area. It maps the property management companies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for property management companies · All 56 business types in the Seattle-Tacoma-Bellevue metro area

Screening a site or an acquisition in the Seattle-Tacoma-Bellevue metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Seattle-Tacoma-Bellevue metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.