Grand Mound, WA Economy


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Grand Mound, WA is known for its affordability. Rent for a two bedroom residence is $1,320, which is significantly less than the US average of $1,430. Additionally, the local grocery cost index is on par with that of the US. For those looking to save money while living in a small town atmosphere, Grand Mound could be an ideal choice. The area is home to various employers such as Grand Mound Heights Country Store, Grand Mound Animal Clinic and I-5 Speedway Go Kart Track. There are also plenty of outdoor activities available in and around Grand Mound such as hiking trails at Capitol State Forest and boating opportunities at Black Lake. All in all, this small town offers residents an affordable way to live with plenty of amenities nearby.

Grand Mound has an unemployment rate of 5.9%. The US average is 6.0%.

Grand Mound has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 42.7%, which is higher than the US average of 33.5%.

Tax Rates for Grand Mound
- The Sales Tax Rate for Grand Mound is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Grand Mound 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 Grand Mound
- The average income of a Grand Mound resident is $24,467 a year. The US average is $28,555 a year.
- The Median household income of a Grand Mound resident is $72,566 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Mound, WashingtonUnited States
  5.96
  -2.3%-6.2%
  42.7%33.5%
  6.5%6.2%
  0.0%4.6%
  $27,497$37,638
  $72,566$69,021
  $65,234$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.1%6.8%
  15.2%10.0%
  0.3%2.5%
  8.0%11.0%
  8.3%4.8%
  0.0%0.8%
  1.5%1.9%
  0.9%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  8.7%4.2%
  1.8%9.3%
  20.3%14.0%
  1.4%2.1%
  5.0%7.0%
  1.3%4.8%
  18.5%4.7%
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