Nespelem is a small town located in Washington state. It has a population of around 300 people and provides an affordable cost of living with a two-bedroom rent costing only $960 per month. The Grocery Cost Index in Nespelem is 94, which is lower than the US average of 100. There are many local businesses that offer goods and services to the residents such as Salish Trading Post and Nespelem Travel Plaza. The average home price in Nespelem is about $114,000 making it an ideal option for those who want to own their own property while still enjoying the low cost of living.
Nespelem has an unemployment rate of 7.9%. The US average is 6.0%.
Nespelem has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Nespelem
- The Sales Tax Rate for Nespelem is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Nespelem 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 Nespelem
- The average income of a Nespelem resident is $12,872 a year. The US average is $28,555 a year.
- The Median household income of a Nespelem resident is $46,250 a year. The US average is $69,021 a year.