Canterwood, WA Economy


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Canterwood, WA is a great place to settle down. Not only does it offer convenient access to major highways for easy travel, but it also has plenty of local businesses that cater to its residents. From grocery stores to restaurants, local coffee shops, and more, there's something for everyone in Canterwood. The cost of living is also quite reasonable compared to other cities in the area. Rent on a two-bedroom unit costs around $2,050 per month versus an average of $1,430 for the United States as a whole. Additionally, a grocery cost index of 106 versus 100 in the US means that food prices are slightly higher than average but still very affordable overall.

Canterwood has an unemployment rate of 6.8%. The US average is 6.0%.

Canterwood has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.

Tax Rates for Canterwood
- The Sales Tax Rate for Canterwood is 9.9%. The US average is 7.3%.
- The Income Tax Rate for Canterwood 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 Canterwood
- The average income of a Canterwood resident is $64,805 a year. The US average is $28,555 a year.
- The Median household income of a Canterwood resident is $106,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCanterwood, WashingtonUnited States
  6.86
  -2.9%-6.2%
  41.3%33.5%
  9.9%6.2%
  0.0%4.6%
  $64,129$37,638
  $106,750$69,021
  $132,614$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.8%6.8%
  12.7%10.0%
  2.6%2.5%
  20.0%11.0%
  3.8%4.8%
  0.0%0.8%
  0.0%1.9%
  5.3%4.7%
  2.3%1.9%
  8.8%7.6%
  0.0%0.1%
  0.0%4.2%
  8.4%9.3%
  4.7%14.0%
  1.9%2.1%
  6.5%7.0%
  5.3%4.8%
  4.9%4.7%
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