Seattle, WA Economy


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Seattle, WA is a beautiful city known for its stunning mountains and forests, as well as its thriving tech industry. Companies such as Amazon, Microsoft, Starbucks, and Expedia are all headquartered in Seattle. The cost of living in Seattle is higher than the national average. The 2 bedroom rent in Seattle is $2,410 per month compared to the US average of $1,430. The Grocery Cost Index is 109 compared to 100 in the US. However despite higher costs, Seattle remains an attractive destination for many due to its job opportunities and beautiful scenery.

Seattle has an unemployment rate of 4.8%. The US average is 6.0%.

Seattle has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.

Tax Rates for Seattle
- The Sales Tax Rate for Seattle is 10.1%. The US average is 7.3%.
- The Income Tax Rate for Seattle 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 Seattle
- The average income of a Seattle resident is $68,836 a year. The US average is $37,638 a year.
- The Median household income of a Seattle resident is $105,391 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySeattle, WashingtonUnited States
  4.86
  -5.2%-6.2%
  43.8%33.5%
  10.1%6.2%
  0.0%4.6%
  $68,836$37,638
  $105,391$69,021
  $150,212$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  3.6%6.8%
  6.2%10.0%
  1.8%2.5%
  12.3%11.0%
  3.3%4.8%
  0.4%0.8%
  4.6%1.9%
  3.3%4.7%
  2.5%1.9%
  20.0%7.6%
  0.3%0.1%
  3.0%4.2%
  9.5%9.3%
  12.2%14.0%
  2.7%2.1%
  6.9%7.0%
  4.3%4.8%
  2.9%4.7%
Reviews for Seattle
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I have lived here since 1975, I moved here from California but was born and raised in Michigan. I would have to say that I never regretted leaving Michigan and their  More

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Over 2 years ago

I’ve lived in Seattle for just under 7 years and while it can be a stunningly beautiful place, I am very excited to leave. I’ll start with some of the positive aspects.  More

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if you can afford it, Seattle is a very nice place to live and raise a family! however, it is extremely expensive and in the winter, it's rather gloomy. i love gloomy  More

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