Bellevue is an exciting place for commerce, international trade and technology innovation. With a highly educated and diverse population, the city is a vibrant place for entrepreneurs and a growing center for international trade. Leading global businesses here include PACCAR, Microsoft, T-Mobile, Boeing, Expedia, Concur, Puget Sound Energy, and Symetra. Bellevue is also a regional center for luxury shopping, retail, restaurants, tourism and hotels. Downtown Bellevue has more than 40 high-rise office towers and some of the top revenue-earning retail centers in the nation at the Bellevue Collection and the Bravern.
Bellevue is a major regional job center, with more people (140,000) working in the city than living in it. It is a leader in commerce, not only for the Eastside, but for the entire region. A diversified mix of businesses exists in Bellevue. Many businesses are small shops or small- to medium-sized service businesses, but Bellevue is also home to numerous companies with more than 1,000 employees, including company headquarters and international trade operations.
The maps, reports and statistics here offer a by-the-numbers look at Bellevue's business environment. The Planning & Community Development Department tracks general demographics, with U.S. Census and other population data related to Bellevue.
Key Facts about Bellevue's Economy:
- Bellevue’s economy is driven by four major industry sectors: Information Technology, Business Services, Retail, and Tourism and Visitors. The Information Technology sector is the largest, fastest growing, and most concentrated industry cluster in Bellevue and shows great potential going forward. The Business Services sector is also strong relative to the region especially in Finance and Management Services. Bellevue’s retail sector is thriving and critical to the city’s economy. Bellevue had the highest Taxable Retail Sales (TRS) per capita ($25,438 per person) of any major city in King County in 2012. The Tourism and Visitors market in Bellevue has both strengths and opportunities for growth.
- Bellevue’s employment has steadily grown over time. Despite fluctuations that correlate with the ups and downs of economic cycles, including two significant downturns since 2000, the number of jobs in Bellevue has grown at an average annual growth rate of 1.6 percent over the last 17 years, climbing over 140,000 in 2013.
- Bellevue is a strong and growing regional economic center. With workers commuting to their jobs from throughout the Puget Sound region, Bellevue is a major regional employment center. Bellevue’s economy is also dynamic, with a large number of business openings, particularly in the Professional, Scientific, and Technical Services sector.
- International diversity in business reflects the city's ethnic diversity and strong worldwide trade activity, especially with Asia and Europe. Currently, over 80 different languages are spoken in Bellevue.