Groundwork

Real estate · Small-town market · Washington

Real estate businesses in the Port Townsend, WA area

How the Port Townsend, WA area compares with other small-town markets and the U.S. for real estate businesses: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 46 out of 100: Lower middle

Ranked #316 of 536 scored small-town markets
#7 of 10 scored small-town markets based in Washington

Listings
54
2 chain locations (4%)
Official establishments
38
−20.8% since 2019
Household spending a year
$287.9M
On rent and homeowner costs · $17,616 a household
Housing spending per listing (U.S. = 100)
123
23% above the U.S.
Listings per 10k households
33.0
14% below the U.S.
Population, 2025
33,970
+2.7% since 2020

See the real estate businesses around any address in the Port Townsend area

The site report maps the real estate businesses 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 Port Townsend 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 54 real estate businesses in the Port Townsend area. 2 of them (4%) are chain locations, against 6% across the U.S. That comes to 33.0 for every 10,000 households, 14% below the U.S. rate of 38.5.

Households in the Port Townsend area spend about $287.9M a year on rent and homeowner costs, or $17,616 per household, 6% above the U.S. average. Housing spending per office is 23% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

Official counts show 38 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in the Port Townsend area in 2023, down 20.8% from 2019. That is one for every 430 households, against one for every 414 across the U.S. Official counts also show 149 one-person businesses without payroll. Since fiscal 2022, 1 SBA-backed loan worth $50K has gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Port Townsend area.

Population estimates put the population change in the Port Townsend area from 2020 to 2025 at +2.7%, in step with the U.S. (+3.1%). The Groundwork market score for real estate businesses in the Port Townsend area is 46 (lower middle), #316 of 536 scored small-town markets and #7 of 10 scored small-town markets based in Washington.

How the Port Townsend 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.

Real estate in Port Townsend, WA area compared with Washington and the U.S.
MeasurePort Townsend areaWashingtonU.S.
Listings per 10k households33.042.138.5
Housing spending per listing (U.S. = 100)123108100
Households per official establishment430317414
Official establishment growth, 2019–2023−20.8%+13.5%+15.8%
Population growth, 2020–2025+2.7%+3.6%+3.1%
Spending per household on rent and homeowner costs$17,616$19,779$16,661
Median household income$74,048$98,141$80,734
Groundwork market score4656

Official counts and lending

Businesses

Official establishments, 2019 to 2023
38−20.8% over the period
Employees, 2023
80
Annual payroll, 2023
$4M
One-person businesses, 2023
149Businesses with no payroll
Map listings, September 2026
542 chain locations
Listings at the U.S. rate for this spending
67The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$50K

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Port Townsend 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 Port Townsend area

Population, 2025 estimate
33,970+2.7% since 2020
Households
16,340
Median age
58.3
Homes lived in by their owners
79%
Vehicles per household
2.0
Land area
1,804 sq. mi.
People per square mile
19
Median household income
$74,048
Average household income
$104,756
Median home value
$535,000
Jobs located here
8,967
Daytime population
30,032Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Port Townsend area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Port Townsend area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across Washington

Every Washington market ranked →

The highest-scoring small-town markets in Washington for real estate businesses, numbered among those based in Washington, with the Port Townsend area marked.

Top small-town markets in Washington

Small-town markets in Washington ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Othello, WA671523.9161+4.3%#68 of 536
2Moses Lake, WA637721.8181+6.3%#106 of 536
3Centralia, WA627723.4170+6.7%#115 of 536
4Shelton, WA626725.7162+7.8%#118 of 536
5Aberdeen, WA587022.9165+3.0%#153 of 536
6Port Angeles, WA499126.0152+1.1%#281 of 536
7Port Townsend, WA465433.0123+2.7%#316 of 536
8Pullman, WA415629.9125+1.5%#378 of 536
9Ellensburg, WA419346.588+4.2%#382 of 536
10Oak Harbor, WA3313337.0116−1.5%#475 of 536

Other business types in the Port Townsend area

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

Questions

How many real estate businesses are in the Port Townsend, WA area?

There are 54 real estate businesses on map listings in the Port Townsend area as of September 2026. 2 of them (4%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 38 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, down 20.8% from 2019. Another 149 one-person businesses have no payroll, by official counts.

How much do households in the Port Townsend, WA area spend on rent and homeowner costs?

About $287.9M a year, or $17,616 per household. That is 6% above the U.S. average (an index of 106, where 100 is the U.S. average). For the 54 real estate businesses on map listings, housing spending per office is 23% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 16,340 households in the Port Townsend area and national spending patterns by income.

How does the Port Townsend, WA area compare with the U.S. for real estate businesses?

The Port Townsend area has 33.0 real estate businesses per 10,000 households, 14% below the U.S. rate of 38.5. The index of housing spending per office is 123, where 100 is the U.S. At the national ratio of real estate businesses to household spending, the Port Townsend area would have about 67, against 54 on map listings. There is one business with payroll in the industry for every 430 households, against one for every 414 across the U.S. The official count fell 20.8% from 2019 to 2023, against +15.8% for the U.S.

How fast is the Port Townsend, WA area growing?

Population estimates put the Port Townsend area at 33,970 people in 2025, up 2.7% since 2020, in step with the U.S. (+3.1%). It has 16,340 households. The median household income in the Port Townsend area is $74,048 a year, 8% below the U.S. median of $80,734.

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. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. 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 Port Townsend area scores 46 for real estate businesses (lower middle), #316 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Port Townsend area. It maps the real estate businesses 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 real estate businesses · All 56 business types in the Port Townsend area

Screening a site or an acquisition in the Port Townsend 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 Port Townsend 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.