Fairwood (King Cnty), WA is a great place to live with a high quality of life. The average cost of rent for a 2 bedroom apartment in Fairwood is $2,230, which is significantly higher than the national average of $1,430. Similarly, groceries in Fairwood have a Cost Index rating of 103 compared to 100 across the US. Popular local companies in Fairwood include Microsoft Corporation, Amazon.com Inc., Starbucks Corporation and T-Mobile USA Inc., all of which add to the vibrant local economy. With such great local businesses and higher than average cost of living, Fairwood makes for an excellent place to call home.
Fairwood (King County) has an unemployment rate of 5.4%. The US average is 6.0%.
Fairwood (King County) has seen the job market increase by 2.6% 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 Fairwood (King County)
- The Sales Tax Rate for Fairwood (King County) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Fairwood (King County) 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 Fairwood (King County)
- The average income of a Fairwood (King County) resident is $38,900 a year. The US average is $28,555 a year.
- The Median household income of a Fairwood (King County) resident is $104,273 a year. The US average is $69,021 a year.