Tacoma, WA Economy


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Tacoma, WA is a great place to live due to its many attractions. It is home to companies such as the Tacoma Rainiers baseball team and the Museum of Glass. Additionally, there are many popular restaurants like Shake Shake Shake and Grand Central Bakery. The 2 Bedroom Rent in Tacoma is slightly more expensive than the US average at $1,560 versus $1,430. In terms of grocery prices, Tacoma has an index of 101 versus 100 in the US making it slightly more expensive than other cities. Overall, Tacoma is a great place to live with lots of attractions and amenities at a fair cost.

Tacoma has an unemployment rate of 7.3%. The US average is 6.0%.

Tacoma has seen the job market increase by 1.8% 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 Tacoma
- The Sales Tax Rate for Tacoma is 10.1%. The US average is 7.3%.
- The Income Tax Rate for Tacoma 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 Tacoma
- The average income of a Tacoma resident is $26,805 a year. The US average is $28,555 a year.
- The Median household income of a Tacoma resident is $69,956 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTacoma, WashingtonUnited States
  7.36
  -2.9%-6.2%
  39.9%33.5%
  10.1%6.2%
  0.0%4.6%
  $37,263$37,638
  $69,956$69,021
  $87,128$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  7.1%6.8%
  8.0%10.0%
  3.1%2.5%
  11.4%11.0%
  7.5%4.8%
  0.5%0.8%
  1.3%1.9%
  2.6%4.7%
  1.9%1.9%
  5.6%7.6%
  0.3%0.1%
  4.6%4.2%
  9.1%9.3%
  15.7%14.0%
  2.8%2.1%
  6.7%7.0%
  5.2%4.8%
  6.2%4.7%
Reviews for Tacoma
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I've lived in Tacoma for 3.5 years and love it! It's not a perfect city, nowhere is perfect and Tacoma does have its' share of problems, but overall have found T-Town  More

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Over 3 years ago

We LOVE tacoma. Grew up in Seattle, and tacoma is so much better! Easy access to the water, hiking, and Mt Rainier and the Olympics. We love the coffee shops and  More

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Over 4 years ago

Having lived over half my life here I can tell you real friends are few and far between. You will go through many and only have a handful who stick with you. Your  More

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