Millwood, WA is a beautiful town located near Spokane in Washington State. The town is known for its low living costs, with two bedroom rentals at $1,150 compared to the US average of $1,430. Grocery costs are also low, with an index of 99 compared to 100 in the US. For those looking for employment in Millwood, local companies such as Millwood Printing and Design, Millwood Farmland Services Inc, and Millwood Co-Op are great options. Shopping amenities include boutique shops such as Salem's Boutique & Gifts and several small grocery stores. There are also a number of cafes for exploring different cuisines from around the world. For leisure activities there are outdoor recreational areas along the Spokane River like Riverside State Park and Camp Sekani Park, which offer great opportunities for camping or fishing.
Millwood has an unemployment rate of 6.3%. The US average is 6.0%.
Millwood 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 Millwood
- The Sales Tax Rate for Millwood is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Millwood 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 Millwood
- The average income of a Millwood resident is $24,994 a year. The US average is $28,555 a year.
- The Median household income of a Millwood resident is $61,563 a year. The US average is $69,021 a year.