Loon Lake, WA is a small town located in the Pacific Northwest with a population of around 3,000 people. It is known for its beautiful views of the lake and surrounding forests. The cost of living in Loon Lake is quite affordable with two bedroom rent costing only $990 compared to the US average of $1,430. Additionally, groceries are reasonably priced as the Grocery Cost Index for Loon Lake is 100 versus 100 in the US. The town has several local businesses including the Loon Lake Cafe & Tavern, North Coast Outfitters, and General Store. Overall, Loon Lake offers an affordable cost of living combined with access to a variety of businesses and activities that make it an excellent place to live or visit.
Loon Lake has an unemployment rate of 8.0%. The US average is 6.0%.
Loon Lake has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Loon Lake
- The Sales Tax Rate for Loon Lake is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Loon Lake 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 Loon Lake
- The average income of a Loon Lake resident is $23,161 a year. The US average is $28,555 a year.
- The Median household income of a Loon Lake resident is $61,731 a year. The US average is $69,021 a year.