Lake Morton-Berrydale, WA is a small town located in King County. It is known for its rural and family-friendly atmosphere. The cost of living is higher than the US average with a two bedroom rental rate at $2,320 compared to the US average of $1,430. Groceries are also more expensive in Lake Morton-Berrydale, having an index score of 103 versus 100 for the US. Local companies include Advanced American Arborists, Yarrow Bay Gourmet Foods, and K & M Electrical Services. These businesses provide many job opportunities and help drive the local economy.
Lake Morton-Berrydale has an unemployment rate of 5.4%. The US average is 6.0%.
Lake Morton-Berrydale 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 Lake Morton-Berrydale
- The Sales Tax Rate for Lake Morton-Berrydale is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Morton-Berrydale 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 Lake Morton-Berrydale
- The average income of a Lake Morton-Berrydale resident is $38,095 a year. The US average is $28,555 a year.
- The Median household income of a Lake Morton-Berrydale resident is $107,136 a year. The US average is $69,021 a year.