Lake Stevens, WA Economy


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Lake Stevens, WA is a great city to live in, offering affordable housing options with an average two-bedroom rent of $2,240 compared to the US average of $1,430. Residents also benefit from the low grocery cost index of 103 in comparison to the US average of 100. The city offers plenty of recreational activities such as hiking in the nearby Cascade Mountains or kayaking on Lake Stevens. Local companies in Lake Stevens range from craft breweries and wineries to automotive shops and retail stores like Target and Walmart. With its suburban feel, low crime rate, excellent schools and abundance of outdoor activities it’s no wonder why so many people choose to call Lake Stevens home.

Lake Stevens has an unemployment rate of 6.5%. The US average is 6.0%.

Lake Stevens has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.

Tax Rates for Lake Stevens
- The Sales Tax Rate for Lake Stevens is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Lake Stevens 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 Stevens
- The average income of a Lake Stevens resident is $38,604 a year. The US average is $37,638 a year.
- The Median household income of a Lake Stevens resident is $99,296 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLake Stevens, WashingtonUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Lake Stevens
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Over 15 years ago

I lived all over the country and the world for 27 yrs and moved into Lake Stevens 12 yrs ago. Absolutely a great place to live! Our 3 girls have done well in the  More

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My family and I lived in Lake Stevens for 7 years (2000 to 2007). It is a nice bedroom community that has good schools (get involved parents), low crime, and an ok lake  More

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10 years ago Lake Stevens was a nice little quiet town. Small town politics created their own megajobs, money, power and infighting. 2007 had a mayoral coups d'etats  More

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