Spokane Valley, WA is a vibrant and diverse city in Washington State with many business opportunities. Not only are the costs of living relatively low, with 2 bedroom rent being $1,210 compared to the national average of $1,430, but it also has a grocery cost index of 100 versus the US average of 100. Spokane Valley is home to many successful companies such as Empire Health Insurance Group, Numerica Credit Union, and KXLY Broadcasting Company. With a thriving local economy and access to recreational activities like skiing at nearby resorts or hiking in nearby mountains, Spokane Valley provides its residents with an enjoyable lifestyle.
Spokane Valley has an unemployment rate of 6.4%. The US average is 6.0%.
Spokane Valley 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 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Spokane Valley
- The Sales Tax Rate for Spokane Valley is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Spokane Valley 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 Valley
- The average income of a Spokane Valley resident is $23,892 a year. The US average is $28,555 a year.
- The Median household income of a Spokane Valley resident is $60,079 a year. The US average is $69,021 a year.