Medina, WA is a beautiful city located in the Seattle metropolitan area. It is known for its vibrant neighborhoods and wealth of amenities. The city's economy is largely based on technology which is evidenced by well-known companies such as Microsoft, Amazon, and Expedia who all have headquarters in the area. Other notable local businesses include EvergreenHealth Medical Center, Medina Lake Park, and Sammamish Montessori School. With an average two bedroom rental rate of $2,960 and grocery cost index of 122 versus 100 in the US, Medina continues to attract young professionals looking for an affordable lifestyle.
Medina has an unemployment rate of 5.4%. The US average is 6.0%.
Medina 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 40.5%, which is higher than the US average of 33.5%.
Tax Rates for Medina
- The Sales Tax Rate for Medina is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Medina 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 Medina
- The average income of a Medina resident is $106,393 a year. The US average is $28,555 a year.
- The Median household income of a Medina resident is $208,500 a year. The US average is $69,021 a year.