Santiago, WA Economy


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Santiago, WA is an ideal location for those looking for a place to call home. It is a small town that offers affordability in terms of rent and living costs. The average two bedroom rent in Santiago stands at $1,040 - significantly lower than the US average 2 bedroom rent of $1,430. Additionally, the grocery cost index in Santiago is 96 compared to 100 in the US. This further underlines how affordable it is to live here.
Santiago is home to several local companies that provide employment opportunities for residents such as Shawnee Lumber Store and Frontier Towing. There are also several parks and recreational areas located around the town making it a great place for families to enjoy their time outdoors together. The low cost of living makes Santiago an attractive option to consider when thinking about where to settle down, with its friendly community and beautiful surroundings it's no wonder why people choose this area.

Santiago has an unemployment rate of 8.8%. The US average is 6.0%.

Santiago has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Santiago
- The Sales Tax Rate for Santiago is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Santiago 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 Santiago
- The average income of a Santiago resident is $13,179 a year. The US average is $28,555 a year.
- The Median household income of a Santiago resident is $65,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySantiago, WashingtonUnited States
  8.86
  -4.4%-6.2%
  34.5%33.5%
  8.8%6.2%
  0.0%4.6%
  $27,024$37,638
  $65,750$69,021
  $65,833$85,028
  Population by Occupation
  36.8%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  15.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  15.8%9.3%
  0.0%14.0%
  0.0%2.1%
  15.8%7.0%
  0.0%4.8%
  15.8%4.7%
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