Everett, WA Economy


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Everett, WA is a city located in the state of Washington. It is known for its aerospace and technology industries, with major employers like Boeing, Fluke Corporation, and Siemens Healthcare Diagnostics having their headquarters in Everett. The cost of living in Everett is higher than the US average due to higher prices for rent and groceries. In particular, 2 Bedroom rents are $1,920 compared to $1,430 in the US as a whole while the Grocery Cost Index is 102 versus 100 nationwide. Despite the increased costs of living, Everett is an attractive place to live due to its location near Seattle and ample job opportunities.

Everett has an unemployment rate of 7.6%. The US average is 6.0%.

Everett 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 38.2%, which is higher than the US average of 33.5%.

Tax Rates for Everett
- The Sales Tax Rate for Everett is 10.1%. The US average is 7.3%.
- The Income Tax Rate for Everett 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 Everett
- The average income of a Everett resident is $25,981 a year. The US average is $28,555 a year.
- The Median household income of a Everett resident is $71,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEverett, WashingtonUnited States
  7.66
  -5.3%-6.2%
  38.2%33.5%
  9.7%6.2%
  0.0%4.6%
  $35,628$37,638
  $71,357$69,021
  $85,819$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  8.9%6.8%
  15.7%10.0%
  1.8%2.5%
  11.8%11.0%
  4.2%4.8%
  0.6%0.8%
  1.7%1.9%
  3.6%4.7%
  2.1%1.9%
  5.4%7.6%
  0.2%0.1%
  5.3%4.2%
  6.6%9.3%
  14.2%14.0%
  1.9%2.1%
  7.0%7.0%
  5.0%4.8%
  3.8%4.7%
Reviews for Everett
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Over 3 years ago

The good parts: proximity to Seattle and Bellingham, large enough for decent hospital system, ok access to food and drink, near the water The Bad parts: most everything  More

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I have lived in EVERETT WA for 5 years and ran a business here since 2000. The city is as boring as they come ,which is sad considering its vicinity to the Puget  More

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You will be ready for college if you put in the work. That is the end result of this school, and that is what I will start with here. This “review” is to just ask  More

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