Vancouver, WA is an attractive city for those looking to move or visit. The city has a diverse culture with plenty of activities to keep residents and visitors busy. It is also known for its 2 bedroom rent at $1,790 which is significantly cheaper than the average in the US ($1,430). Additionally, Vancouver’s grocery cost index is 101 compared to the US index of 100, making it slightly more expensive but still reasonable for most budgets.
The city is home to many local companies such as Pearson Packaging Systems, Columbia Springs Environmental Education Center and Mutual Materials Company – all providing jobs and contributing to the economic growth of the area. With a lower cost of living compared to other cities in Washington State, Vancouver is an ideal place to live and work.
Vancouver has an unemployment rate of 6.4%. The US average is 6.0%.
Vancouver has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Vancouver
- The Sales Tax Rate for Vancouver is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Vancouver is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Vancouver
- The average income of a Vancouver resident is $26,365 a year. The US average is $28,555 a year.
- The Median household income of a Vancouver resident is $67,462 a year. The US average is $69,021 a year.