Oakville, WA Economy


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Oakville, WA is a small town located in the US with a population of approximately 21,000 people. The cost of living for this area is reasonable and it is slightly lower than the national average. It has a Grocery Cost Index that is the same as the US average at 100. Rent for two-bedroom homes is also just slightly higher than the US average at $1,480 compared to $1,430 in the US. \nThe city of Oakville has several local businesses that help contribute to its economy such as Oakville Auto Parts, Oakville Coffee Roasting Co., Iron Horse Inn, and A&M Country Store. Additionally, there are many outdoor activities to do in Oakville like boating and fishing on nearby Lake Cavanaugh.

Oakville has an unemployment rate of 8.8%. The US average is 6.0%.

Oakville 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 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Oakville
- The Sales Tax Rate for Oakville is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Oakville 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 Oakville
- The average income of a Oakville resident is $16,574 a year. The US average is $28,555 a year.
- The Median household income of a Oakville resident is $52,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOakville, WashingtonUnited States
  8.86
  -4.4%-6.2%
  34.5%33.5%
  8.8%6.2%
  0.0%4.6%
  $25,825$37,638
  $52,917$69,021
  $54,494$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  0.0%6.8%
  6.2%10.0%
  2.7%2.5%
  16.5%11.0%
  11.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  6.8%4.2%
  4.7%9.3%
  5.0%14.0%
  7.1%2.1%
  11.5%7.0%
  0.3%4.8%
  27.4%4.7%
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