Lake Bosworth, WA is a small town located in the state of Washington. It has a vibrant and diverse economy with businesses ranging from retail to hospitality. There are many local companies that are a part of the Lake Bosworth economy, such as Lakeside Hardware, Kincaid's Art Studio, and The Green Door Cafe. Rent for a two-bedroom apartment in Lake Bosworth is $1,910, which is higher than the US average of $1,430. Grocery costs in Lake Bosworth have an index rating of 103 compared to 100 in the US. This reflects how much more expensive it can be to buy groceries in this small town compared to other places around the country. Overall, Lake Bosworth is a great place to live with plenty of economic opportunities.
Lake Bosworth has an unemployment rate of 6.3%. The US average is 6.0%.
Lake Bosworth 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 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Lake Bosworth
- The Sales Tax Rate for Lake Bosworth is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Lake Bosworth 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 Bosworth
- The average income of a Lake Bosworth resident is $45,975 a year. The US average is $28,555 a year.
- The Median household income of a Lake Bosworth resident is $117,083 a year. The US average is $69,021 a year.