Malo, WA Economy


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United States / Washington / No Metro Area / Ferry County / Malo / Zip Codes
Malo, WA is a small town located in the northwest region of the US with many local businesses. It offers an affordable lifestyle compared to other cities in the US. The average two bedroom rent in Malo, WA is $920, whereas the national average for two bedrooms is $1,430. This makes it much more affordable for individuals or families looking to rent a place. Additionally, the Grocery Cost Index in Malo is 100 compared to 100 nationwide. This means that groceries are just as inexpensive as those found anywhere else within the US. Popular companies located in Malo include Small Town Diner, Outback Ranch Supplies, and Johnson's Pharmacy. Together they offer a variety of services necessary for residents of Malo while still maintaining their small-town charm.

Malo has an unemployment rate of 9.8%. The US average is 6.0%.

Malo has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 11.3%, which is lower than the US average of 33.5%.

Tax Rates for Malo
- The Sales Tax Rate for Malo is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Malo 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 Malo
- The average income of a Malo resident is $62,158 a year. The US average is $37,638 a year.
- The Median household income of a Malo resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMalo, WashingtonUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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