Gig Harbor, WA is a desirable destination for many due to its lush natural beauty and enjoyable atmosphere. This area is home to many small businesses including the Gig Harbor Boat Works, Bushels & Barrels, and Uptown Gig Harbor. Gig Harbor’s two bedroom rent is significantly higher than the nation average at $1,970 compared to $1,430. Furthermore, prices of groceries in the area are 5% higher than the national average at 105 versus 100 on the Grocery Cost Index. Moreover, these businesses are diverse and offer everything from boat repairs to fine dining. The city of Gig Harbor is an oasis for locals and visitors alike.
Gig Harbor has an unemployment rate of 6.8%. The US average is 6.0%.
Gig Harbor 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 Gig Harbor
- The Sales Tax Rate for Gig Harbor is 9.9%. The US average is 7.3%.
- The Income Tax Rate for Gig Harbor 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 Gig Harbor
- The average income of a Gig Harbor resident is $41,823 a year. The US average is $28,555 a year.
- The Median household income of a Gig Harbor resident is $96,192 a year. The US average is $69,021 a year.