Spokane, WA is an ideal location for those looking for a peaceful, yet vibrant city to call home. With a two bedroom rent of just $1,200 compared to the US average of $1,430, Spokane is an affordable place to live. The cost of living index is also lower in Spokane than other U.S. cities at 99 versus 100.
The city of Spokane has many unique local businesses that contribute to its culture and economy. Some popular local companies include Gonzaga University, Schweitzer Engineering Laboratories, Washington Trust Bank and Avista Corporation. There are also several activities available throughout the year including Hoopfest in June and Bloomsday in May where people come from all over the country to participate in these events. Spokane is also known as a gateway to some of the most beautiful National Parks in the United States such as Grand Teton National Park and Yellowstone National Park. With endless opportunities for outdoor recreation and entertainment, Spokane is a great choice for individuals and families alike looking for a place to call home.
Spokane has an unemployment rate of 6.6%. The US average is 6.0%.
Spokane has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.
Tax Rates for Spokane
- The Sales Tax Rate for Spokane is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Spokane 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 Spokane
- The average income of a Spokane resident is $24,511 a year. The US average is $28,555 a year.
- The Median household income of a Spokane resident is $56,977 a year. The US average is $69,021 a year.