Edmonds, WA is an idyllic city located just north of Seattle. The city offers residents a pleasant small-town charm with easy access to the big city amenities of Seattle. With a population just shy of 40,000 people, Edmonds is known for its walkable downtown area and waterfront park located off Puget Sound. Local companies in Edmonds include coffee roasters Anchorhead Coffee Co., restaurant chain The Ram Family Restaurant, jewelry store Kress Gallery & Studios, and fiberglass manufacturing company Interlux Yacht Finishes.
Edmonds has an above-average cost of living compared to much of the US, which can be seen in its housing costs; the 2 bedroom rent is $2,130 versus $1,430 nationally. Similarly, grocery costs are higher with an index of 107 compared to 100 in the US. Despite this higher cost of living though, Edmonds remains a desirable destination for those who wish to live close to the amenities of Seattle while still enjoying a small-town vibe.
Edmonds has an unemployment rate of 5.2%. The US average is 6.0%.
Edmonds has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Edmonds
- The Sales Tax Rate for Edmonds is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Edmonds 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 Edmonds
- The average income of a Edmonds resident is $42,433 a year. The US average is $28,555 a year.
- The Median household income of a Edmonds resident is $96,775 a year. The US average is $69,021 a year.