Markham, WA Economy


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Markham, WA is an ideal location for those looking to live quietly and comfortably while still being close to all the necessary amenities. It has a variety of local companies such as Markham Auto Sales, Markham Plumbing Services, and Markham Electrical & Heating Service that offer quality services at competitive prices. The cost of rent in Markham is considerably lower than the US average with 2 bedroom rents costing around $1,060 as compared to $1,430 in the US. Similarly, grocery costs are also lower in Markham with an index of 97 as compared to 100 in the US. This makes it easier on one's wallet while living in Markham while allowing them to enjoy all that this city has to offer.

Markham has an unemployment rate of 8.8%. The US average is 6.0%.

Markham has seen the job market increase by 1.0% 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 Markham
- The Sales Tax Rate for Markham is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Markham 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 Markham
- The average income of a Markham resident is $33,744 a year. The US average is $28,555 a year.
- The Median household income of a Markham resident is $58,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMarkham, WashingtonUnited States
  8.86
  -4.4%-6.2%
  34.5%33.5%
  8.8%6.2%
  0.0%4.6%
  $45,513$37,638
  $58,813$69,021
Family Median Income 85028
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