Port Townsend, WA is a vibrant and historic coastal city situated on the northern tip of Washington State's Olympic Peninsula. The city is known for its beautiful Victorian-era buildings that still stand today, as well as its thriving arts and culture scene. With a population of about 9,000 people, Port Townsend provides a variety of activities for both locals and visitors alike. Not only does it boast numerous outdoor recreation opportunities, but the city also features many local businesses such as Fort Worden State Park, Port Townsend Brewery, Northwest Maritime Center, Port Townsend Farmers Market, and Alpenfire Cidery. Residents pay an average rent of $1,580 for two bedroom apartments while the US average is $1430. Additionally, the Grocery Cost Index in Port Townsend is 102 versus 100 in the US.
Port Townsend has an unemployment rate of 7.6%. The US average is 6.0%.
Port Townsend has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Port Townsend
- The Sales Tax Rate for Port Townsend is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Port Townsend 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 Port Townsend
- The average income of a Port Townsend resident is $29,612 a year. The US average is $28,555 a year.
- The Median household income of a Port Townsend resident is $54,907 a year. The US average is $69,021 a year.