McChord AFB, WA Economy


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McChord AFB, WA is a thriving economic area located near Tacoma. It is home to many large companies such as Boeing, Amazon, and Microsoft. The town has a lower than average housing cost for two-bedrooms is $1,450 and a grocery cost index of 93 compared to 100 in the US. The local job market is robust with a wide range of opportunities from technology to hospitality and retail. McChord AFB also offers excellent recreational activities such as hiking trails and beautiful parks. This makes it an ideal place to work, live, and play.

McChord AFB has an unemployment rate of 6.8%. The US average is 6.0%.

McChord AFB has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.

Tax Rates for McChord AFB
- The Sales Tax Rate for McChord AFB is 9.3%. The US average is 7.3%.
- The Income Tax Rate for McChord AFB 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 McChord AFB
- The average income of a McChord AFB resident is $16,292 a year. The US average is $28,555 a year.
- The Median household income of a McChord AFB resident is $50,086 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcChord AFB, WashingtonUnited States
  6.86
  -2.9%-6.2%
  41.3%33.5%
  9.3%6.2%
  0.0%4.6%
  $21,785$37,638
  $50,086$69,021
  $52,404$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.7%6.8%
  7.7%10.0%
  0.0%2.5%
  14.0%11.0%
  4.7%4.8%
  0.0%0.8%
  0.0%1.9%
  2.1%4.7%
  2.1%1.9%
  3.0%7.6%
  0.0%0.1%
  5.8%4.2%
  14.8%9.3%
  11.4%14.0%
  4.7%2.1%
  7.5%7.0%
  3.2%4.8%
  12.5%4.7%
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