Cottage Lake, WA is a quaint community located just outside of Seattle. The town is home to several business establishments such as the Cottage Lake Coffee House, Lucky Noodle Restaurant, Petals Floral Shop, and Mortimer's Grocery Store. Despite its small size, living in Cottage Lake comes with many advantages. The rent for a two-bedroom apartment in Cottage Lake is nearly twice that of the United States average; however, the grocery cost index is higher than the national average at 110 versus 100 in the US. Living in Cottage Lake provides an opportunity to experience a close-knit atmosphere while still having access to some of the amenities found in larger cities.
Cottage Lake has an unemployment rate of 5.4%. The US average is 6.0%.
Cottage Lake has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 40.5%, which is higher than the US average of 33.5%.
Tax Rates for Cottage Lake
- The Sales Tax Rate for Cottage Lake is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Cottage Lake 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 Cottage Lake
- The average income of a Cottage Lake resident is $76,373 a year. The US average is $37,638 a year.
- The Median household income of a Cottage Lake resident is $172,444 a year. The US average is $69,021 a year.