College Place, WA Economy


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College Place, WA is a small city located in Walla Walla County. It has a population of around 6,000 people and is home to several educational institutions such as Walla Walla University and Whitman College. The cost of rent for a two-bedroom apartment is much lower than the US average, which makes it an attractive place for young families looking to find affordable living. Additionally, the grocery cost index of 100 is consistent with the US average, making it easy for households to budget their monthly expenses.
The climate in College Place follows typical Pacific Northwest weather patterns; summers are warm and sunny with temperatures reaching up to 80°F (27°C) while winters are cold but dry with temperatures usually freezing overnight. As for geography, the city is primarily surrounded by agricultural land as well as some forests in its more rural areas. Local companies include Valley Construction Services, Inc., Kinsman Construction LLC, and Top Notch Drywall & Paint LLC among many others.

College Place has an unemployment rate of 5.2%. The US average is 6.0%.

College Place has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for College Place
- The Sales Tax Rate for College Place is 8.7%. The US average is 7.3%.
- The Income Tax Rate for College Place 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 College Place
- The average income of a College Place resident is $20,783 a year. The US average is $28,555 a year.
- The Median household income of a College Place resident is $56,442 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCollege Place, WashingtonUnited States
  5.26
  -2.0%-6.2%
  38.7%33.5%
  8.7%6.2%
  0.0%4.6%
  $28,933$37,638
  $56,442$69,021
  $76,384$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  3.0%6.8%
  4.8%10.0%
  3.1%2.5%
  10.6%11.0%
  3.0%4.8%
  1.6%0.8%
  1.9%1.9%
  1.2%4.7%
  2.6%1.9%
  3.9%7.6%
  0.9%0.1%
  3.4%4.2%
  20.7%9.3%
  19.0%14.0%
  0.4%2.1%
  5.9%7.0%
  5.0%4.8%
  7.7%4.7%
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