Packwood, WA Economy


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Packwood, WA is a small town located in Lewis County. It has a population of around 900 people and is known for its natural beauty. The town is surrounded by lush forests and many outdoor activities are available, such as camping, hiking, fishing, and hunting. The cost of living in Packwood is relatively low compared to the US average; the 2 bedroom rent rate is $1,140 versus $1,430 in the US and the Grocery Cost Index is 97 versus 100. Packwood also offers many interesting attractions such as historic Packwood Flea Market & Antiques Fair which takes place every year on Memorial Weekend and offers antiques from over 500 vendors. There are also several local businesses including Packwood Adventure Park where families can go to enjoy bike trails, mini-golf course, batting cages and more.

Packwood has an unemployment rate of 7.0%. The US average is 6.0%.

Packwood has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 40.5%, which is higher than the US average of 33.5%.

Tax Rates for Packwood
- The Sales Tax Rate for Packwood is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Packwood 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 Packwood
- The average income of a Packwood resident is $20,794 a year. The US average is $28,555 a year.
- The Median household income of a Packwood resident is $31,384 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPackwood, WashingtonUnited States
  76
  -2.6%-6.2%
  40.5%33.5%
  7.8%6.2%
  0.0%4.6%
  $22,689$37,638
  $31,384$69,021
Family Median Income 85028
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