41%
Second Homes
41% of homes in the Methow Valley are vacation or part-time residences.
Comprehensive Economic Study
Understanding the structural changes shaping the Methow Valley’s economy.
Introduction
In 2020, TwispWorks launched a comprehensive economic study to better understand the Methow Valley’s evolving economy.
Through surveys, data collection, and community listening sessions, we explored tourism, second-home ownership, workforce trends, and economic disparity.
The study provides a data-driven foundation for decision-making around economic sustainability, housing, workforce development, and local business growth.
Key Findings
Demographics & Population Changes
The Methow Valley’s population is aging, with a shrinking local workforce and a growing number of part-time residents and retirees, creating economic and housing challenges for long-term sustainability.
- 40%
Over the age of 60
The local population is aging, with 40% over 60 years old and 20% under 18.
- 60%
Not of Working Age
60% of the population is not of working age, contributing to workforce shortages.
Key Findings
Tourism & Economic Impact
Tourism is a major driver of the Methow Valley’s economy by supporting hundreds of jobs, but it also brings seasonal fluctuations and pressures on local infrastructure and services.
Workforce & Business Climate
With nearly a third of local jobs in retail and recreation, many workers face low wages, limited benefits, and a lack of affordable housing, pushing skilled labor and younger generations to seek opportunities elsewhere
$0M+
Annually earned from tourism in the Methow Valley
0,000
Overnight visitors each year.
30%
Jobs in the Methow Valley that are in retail or recreation services.
44%
Small businesses that have no employees, relying entirely on the owner.
Key Findings
Housing & Second-Home Ownership:
The rise in second-home ownership and remote workers has driven up housing costs, making it harder for local workers and families to afford homes, while also reshaping the economic landscape of the valley.
- $0k+
Remote workers earn a median income of $202,000—five times the local median household income.
14.7%
Home prices increased 14.7% from 2020 to 2022, driven by an influx of remote workers and retirees.
Moving Forward
Areas for Action & Next Steps
In light of the structural changes occurring in the Methow Valley, five general areas of action are recommended. While many groups are already working on these issues, solutions must take a multifaceted approach and will include a variety of stakeholders and organizations.
Affordable Housing Solutions
Rising home prices and a lack of workforce housing make it difficult for local residents to stay in the valley. Solutions include deed restrictions for local buyers, workforce housing developments, and better regulation of short-term rentals.
Workforce Development & Education
With a shrinking labor force, expanding trade programs, apprenticeships, and career training in fields like healthcare, construction, and sustainable tourism can help retain skilled workers and support local businesses.
Bridging the Gap Between New & Longtime Residents
As new part-time residents move in, economic and social divides are growing. Encouraging community integration through education, cultural events, and local involvement can help create a more inclusive and connected valley.
Infrastructure & Sustainability
Reliable broadband, climate resilience, and sustainable water use are essential for economic growth. Investing in these areas will support businesses, remote workers, and long-term environmental health.
How to Access the Study
Read the full report via PDF, or watch the official presentation.