Medical Lake, WA is a small town located just 16 miles outside of Spokane. It's a great place for families to live due to its low cost of living. The average 2 bedroom rent in Medical Lake is $1,070, which is significantly lower than the national average of $1,430. Grocery costs are also lower as the cost index in Medical Lake is 99 compared to 100 in the US.
The town of Medical Lake features several local businesses and attractions that locals enjoy visiting regularly. Some popular businesses include Sodalis Senior Living, Mamma Lucia Pizza, and Microtel Inn & Suites. Attractions include Cheney Cowles Museum and Little Spokane River Natural Area for outdoor activities like hiking and biking. Overall, Medical Lake provides an affordable community with plenty of activities for all ages to enjoy!
Medical Lake has an unemployment rate of 6.3%. The US average is 6.0%.
Medical Lake has seen the job market decrease by -0.6% 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 Medical Lake
- The Sales Tax Rate for Medical Lake is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Medical 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 Medical Lake
- The average income of a Medical Lake resident is $21,503 a year. The US average is $28,555 a year.
- The Median household income of a Medical Lake resident is $76,829 a year. The US average is $69,021 a year.