Liberty Lake, WA is a great place to live and work. The rental cost for two bedroom apartments is slightly more expensive than the national average at $1,470 per month compared to $1,430 per month nationally. Grocery costs are also higher in Liberty Lake with a grocery cost index of 102 versus the US baseline of 100. Local businesses in Liberty Lake include Amazon Fulfillment Center, Telect Inc., and Kaiser Aluminum Corporation. These large companies offer excellent job opportunities and provide economic stability to the area.
Liberty Lake has an unemployment rate of 6.3%. The US average is 6.0%.
Liberty Lake has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Liberty Lake
- The Sales Tax Rate for Liberty Lake is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Liberty Lake 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 Liberty Lake
- The average income of a Liberty Lake resident is $44,390 a year. The US average is $37,638 a year.
- The Median household income of a Liberty Lake resident is $96,169 a year. The US average is $69,021 a year.