North Omak, WA is a small city located in the Okanogan Valley. It has a low population and is well-known for its scenic views of mountains, lakes and rivers. The cost of living in North Omak is relatively low when compared to other cities in the US. The average two bedroom rent in North Omak is only $990 while the average two bedroom rent throughout the US is $1,430. Additionally, grocery costs in North Omak are 97 on the index versus 100 in the US. This indicates that groceries are cheaper in North Omak than most places in the US.
The job market is booming with local companies such as Growers Supply Co., Safeway Grocery Stores, and Microsoft Corporation leading the way. These corporations offer excellent pay and generous benefits packages to their employees, further adding to North Omak’s economy. With a strong job market and lower cost of living than many places across the country, North Omak continues to be an attractive place for both businesses and individuals looking for a great place to live or work.
North Omak has an unemployment rate of 7.9%. The US average is 6.0%.
North Omak has seen the job market decrease by -6.3% 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 North Omak
- The Sales Tax Rate for North Omak is 8.1%. The US average is 7.3%.
- The Income Tax Rate for North Omak 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 North Omak
- The average income of a North Omak resident is $24,022 a year. The US average is $37,638 a year.
- The Median household income of a North Omak resident is $40,250 a year. The US average is $69,021 a year.