Sudden Valley, WA Economy


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Sudden Valley, WA is a lovely community located in the northwest of Washington State. It has many great attractions and amenities that make it a desirable place to live. The two bedroom rental costs here are slightly lower than the national average, making it an excellent option for those looking for more affordable housing options. Additionally, the grocery cost index in Sudden Valley is higher than the US average, which may be indicative of local businesses offering more competitive prices.
Local companies in Sudden Valley include McCallister Builders, an award-winning construction company that specializes in custom homes; Northwest Pacific Bank, a full-service bank with locations throughout Washington State; and MC Interiors, a renowned interior design studio. Attractions within Sudden Valley include Lake Shannon Park, known for its stunning views of the lake; Tyler's Tap Room & Restaurant, a popular local hangout spot; and Freedom Park, a popular destination for outdoor activities.

Sudden Valley has an unemployment rate of 6.7%. The US average is 6.0%.

Sudden Valley has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.

Tax Rates for Sudden Valley
- The Sales Tax Rate for Sudden Valley is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Sudden Valley 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 Sudden Valley
- The average income of a Sudden Valley resident is $33,182 a year. The US average is $28,555 a year.
- The Median household income of a Sudden Valley resident is $89,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySudden Valley, WashingtonUnited States
  6.76
  -5.0%-6.2%
  39.9%33.5%
  8.5%6.2%
  0.0%4.6%
  $38,490$37,638
  $89,500$69,021
  $98,605$85,028
  Population by Occupation
  0.3%1.2%
  1.1%0.5%
  7.0%6.8%
  4.9%10.0%
  3.9%2.5%
  19.4%11.0%
  0.9%4.8%
  1.5%0.8%
  1.3%1.9%
  5.3%4.7%
  9.7%1.9%
  3.2%7.6%
  0.2%0.1%
  2.5%4.2%
  6.5%9.3%
  9.6%14.0%
  1.1%2.1%
  6.0%7.0%
  7.2%4.8%
  8.5%4.7%
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