Martha Lake, WA Economy


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Martha Lake, WA is an area located in the western part of the state. It is known for its attractive landscapes, small-town charm, and vibrant culture. The average two-bedroom rent in Martha Lake is slightly higher than the US average at $2,210 per month. Grocery costs are also a bit pricier here, with a grocery cost index of 105 compared to the US index of 100. Martha Lake is home to many well-known companies such as Amazon, Microsoft Corporation, Boeing Company, and Starbucks Coffee Company. These companies contribute significantly to the local economy, making it an attractive place to live and work.

Martha Lake has an unemployment rate of 6.3%. The US average is 6.0%.

Martha Lake 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 40.8%, which is higher than the US average of 33.5%.

Tax Rates for Martha Lake
- The Sales Tax Rate for Martha Lake is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Martha 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 Martha Lake
- The average income of a Martha Lake resident is $31,981 a year. The US average is $28,555 a year.
- The Median household income of a Martha Lake resident is $116,927 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMartha Lake, WashingtonUnited States
  6.36
  -5.3%-6.2%
  40.8%33.5%
  10.3%6.2%
  0.0%4.6%
  $45,421$37,638
  $116,927$69,021
  $128,636$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  7.7%6.8%
  10.5%10.0%
  2.0%2.5%
  10.8%11.0%
  4.3%4.8%
  0.5%0.8%
  6.5%1.9%
  3.8%4.7%
  2.1%1.9%
  14.0%7.6%
  0.0%0.1%
  2.7%4.2%
  6.0%9.3%
  13.8%14.0%
  0.7%2.1%
  6.5%7.0%
  5.1%4.8%
  2.6%4.7%
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