Lynnwood, WA is a beautiful city located in the greater Seattle area. It has a population of 36,000 and is known for its stunning nature trails, outdoor recreation and shopping centers. The average rent for two-bedroom apartments in Lynnwood is $2,000 compared to the national average of $1,430. Additionally, the grocery cost index in Lynnwood is 105 versus 100 in the US. \nThis city also boasts an array of local businesses such as Alderwood Mall which provides numerous shopping options and nearby eateries to explore. Other companies to visit include Microsoft Corporation with its corporate campus located just south of Lynnwood and Air Canada with its headquarters based here too.
Lynnwood has an unemployment rate of 7.0%. The US average is 6.0%.
Lynnwood 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 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Lynnwood
- The Sales Tax Rate for Lynnwood is 10.4%. The US average is 7.3%.
- The Income Tax Rate for Lynnwood 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 Lynnwood
- The average income of a Lynnwood resident is $25,797 a year. The US average is $28,555 a year.
- The Median household income of a Lynnwood resident is $67,576 a year. The US average is $69,021 a year.