page_title: Everett, Washington
section_title: Economy
hierarchical_section_title: Everett, Washington / Economy
caption_attribution_description: English: Boeing's widebody factory in Everett, Washington, shot from the air on October 15, 2011
context_page_description: Everett is the county seat of and the largest city in Snohomish County, Washington, United States. It is 25 miles north of Seattle and is one of the main cities in the metropolitan area and the Puget Sound region. Everett is the seventh-largest city in the state by population, with 103,019 residents at the 2010 census. The city is primarily situated on a peninsula at the mouth of the Snohomish River along Port Gardner Bay, an inlet of Possession Sound, and extends to the south and west.
  The Port Gardner Peninsula was historically inhabited by the Snohomish people, who had a winter village named Hibulb near the mouth of the river. Modern settlement in the area began with loggers and homesteaders arriving in the 1860s, but plans to build a city were not conceived until 1890. A consortium of East Coast investors seeking to build a major industrial city acquired land in the area and filed a plat for "Everett", which they named in honor of Everett Colby, the son of investor Charles L. Colby. The city was incorporated in 1893, shortly after the arrival of the Great Northern Railway, and prospered as a major lumber center with several large sawmills.
context_section_description: Everett has a workforce population of 88,146 people with 59,599 who are employed, according to a 2018 estimate from the U.S. Census Bureau. The city also had an estimated 7,335 registered businesses in 2012 providing 94,000 jobs. Everett's economy is centered around aerospace manufacturing, maritime activities, the technology sector, and the service industry. The largest employer in the city is airplane manufacturer Boeing, with 31 percent of all jobs. The company's main manufacturing plant near Paine Field is the world's largest building by volume. The local economy of Everett and Snohomish County is heavily affected by Boeing's performance, with layoffs and strikes causing downturns in other industries.
  The city's economy in the 19th and early 20th centuries was tied to the lumber trade and maritime industries, including fishing and boat manufacturing. Everett's last remaining wood pulp mill, owned by Kimberly-Clark, shut down in April 2012 and was demolished a year later, marking the end of the lumber economy's dominance. The aerospace industry in Everett began growing in the late 1960s after Boeing began constructing its assembly plant at Paine Field, bringing suppliers and subcontractors to the area. Since the 1990s, the city government has encouraged economic development in other industries to add diversity, particularly in the technology sector. The Port of Everett has also developed its own industrial park in North Everett that is home to an aerospace supplier and distribution centers for Amazon and FedEx.
  As of 2018, the largest industry in Everett is manufacturing, with 18 percent of residents employed there, followed by educational services (18%), retail (12%), professional services (11%), and entertainment (11%). Electronics manufacturer Fluke Corporation (now part of Fortive) is based in Everett and has 1,000 employees in Washington state. Toymaker Funko is also headquartered in Downtown Everett, where it has its own retail store that opened in 2017, and operates a distribution center in the city. Other large employers in Everett include the Providence Regional Medical Center with 4,900 employees, the U.S. Navy with 2,900 employees, and Everett Public Schools with 2,440 employees.
  Approximately 28 percent of Everett workers are employed at businesses within the city limits, while 15 percent commute to Seattle. The majority of the city's employed residents (70%) commute to work in single-occupant vehicles, while 14 percent use carpools and 6 percent use public transportation. Everett workplaces have employees who live across Snohomish and King counties, with 15 percent from within the city, 7 percent from Marysville, 5 percent from Seattle, and 4 percent from Lake Stevens. The changing of first shift at the Boeing facility in Everett causes a spike in traffic congestion during the mornings and early afternoons that spills out from freeways onto local streets.
  The city's retailers had total sales of $2 million in 2012 and are concentrated along two major highways, Evergreen Way and Everett Mall Way, in strip malls and standalone big-box stores. The intersection of the two corridors is home to a large auto row that developed in the 1980s after dealerships relocated from Downtown Everett. The Everett Mall opened in 1974 and has over 100 stores. The mall was expanded in 2005, adding a movie theater and a new set of stores, but has since lost two major retailers and several other tenants.
caption: The Boeing Everett Factory, the largest employer in Snohomish County
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