Lofall, WA Economy


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Lofall, WA is a charming town located in Kitsap County. It offers a variety of attractions including hiking trails, scenic beaches, and plenty of outdoor activities. The rental rates for two bedrooms are quite reasonable at $2,130 per month, which is significantly higher than the national average of $1,430. Furthermore, Lofall's Grocery Cost Index is 103 versus the US average of 100. The cost of living in this area makes it an attractive option for those looking for an affordable lifestyle without compromising on quality or amenities.
In terms of business and employment opportunities, Lofall features various local companies like Hill Transport Services LLC and Main Street Auto Repair & Towing that provide essential services to both visitors and locals alike. Additionally, many small businesses can be found within the city limits such as cafes and restaurants that offer fresh seafood dishes. These businesses help strengthen the economy while providing jobs to local residents.
Overall, Lofall is an ideal destination for those seeking out a peaceful environment with plenty of recreational activities nearby. It has affordable housing options with great amenities as well as local companies that contribute to its economic well-being. With all these factors combined, it makes for a very attractive place to live in!

Lofall has an unemployment rate of 5.8%. The US average is 6.0%.

Lofall has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.

Tax Rates for Lofall
- The Sales Tax Rate for Lofall is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Lofall 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 Lofall
- The average income of a Lofall resident is $39,734 a year. The US average is $28,555 a year.
- The Median household income of a Lofall resident is $103,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLofall, WashingtonUnited States
  5.86
  -2.6%-6.2%
  36.5%33.5%
  9.0%6.2%
  0.0%4.6%
  $48,645$37,638
  $103,250$69,021
  $103,000$85,028
  Population by Occupation
  1.3%1.2%
  0.0%0.5%
  3.6%6.8%
  14.6%10.0%
  2.0%2.5%
  6.5%11.0%
  4.0%4.8%
  3.4%0.8%
  1.3%1.9%
  1.1%4.7%
  0.0%1.9%
  5.7%7.6%
  0.0%0.1%
  2.5%4.2%
  19.3%9.3%
  4.9%14.0%
  8.5%2.1%
  5.3%7.0%
  3.1%4.8%
  13.0%4.7%
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