Cherry Grove, WA is a small town with a population of approximately 500 people. The cost of living in Cherry Grove is above average due to its higher rent costs. According to the data gathered, rent for two bedroom homes in Cherry Grove is an average of $1,790 per month compared to the US average of $1,430; the Grocery Cost Index also indicates that grocery prices are 2% higher than the US average as well. There are several local companies in Cherry Grove such as ABC Grocery Store, Quality Hardware Supply Company, and XYZ Car repair shop. All these factors make Cherry Grove an attractive option for those looking to set roots in this community.
Cherry Grove has an unemployment rate of 6.2%. The US average is 6.0%.
Cherry Grove has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Cherry Grove
- The Sales Tax Rate for Cherry Grove is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Cherry Grove 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 Cherry Grove
- The average income of a Cherry Grove resident is $35,800 a year. The US average is $37,638 a year.
- The Median household income of a Cherry Grove resident is $0 a year. The US average is $69,021 a year.