Parkwood, WA is an attractive city known for its great amenities and reasonable living costs. The two bedroom rent in Parkwood is $1,740, which is a bit higher than the US average of $1,430. This city also has a Grocery Cost Index of 101 compared to 100 in the US. Parkwood is home to several popular local companies such as XYZ Industries and ABC Technologies as well as recreational activities such as Rainforest State Park and Gemstone Beach. With its attractive cost of living and vibrant community, Parkwood continues to be an attractive destination for potential residents.
Parkwood has an unemployment rate of 5.8%. The US average is 6.0%.
Parkwood has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Parkwood
- The Sales Tax Rate for Parkwood is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Parkwood 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 Parkwood
- The average income of a Parkwood resident is $34,948 a year. The US average is $37,638 a year.
- The Median household income of a Parkwood resident is $76,375 a year. The US average is $69,021 a year.