Gig Harbor is a somewhat small coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Washington. With a population of 12,484 people and 11 associated neighborhoods, Gig Harbor is the 83rd largest community in Washington. Much of the housing stock in Gig Harbor was built relatively recently. The construction of new real estate can often be taken as an indication that the local Gig Harbor economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Gig Harbor, where the median household income is $103,688.00.

Gig Harbor home prices are not only among the most expensive in Washington, but Gig Harbor real estate also consistently ranks among the most expensive in America.

Telecommuters are a relatively large percentage of the workforce: 14.90% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Gig Harbor is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

The education level of Gig Harbor ranks among the highest in the nation. Of the 25-and-older adult population in Gig Harbor, 49.50% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Gig Harbor in 2022 was $59,742, which is wealthy relative to Washington and the nation. This equates to an annual income of $238,968 for a family of four.

Gig Harbor is a somewhat ethnically-diverse city. The people who call Gig Harbor home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Gig Harbor residents report their race to be White, followed by Asian. Important ancestries of people in Gig Harbor include German, English, Irish, Italian, and Scottish.

The most common language spoken in Gig Harbor is English. Other important languages spoken here include Spanish and Tagalog.