Shadow Lake, WA Economy

Shadow Lake, WA is a fast-growing city located in the Northwest. It is known for its natural beauty and diverse economy. The cost of living is higher than in most cities due to higher rent prices and grocery costs, however many people find it worth it due to the quality of life offered. The area has numerous businesses ranging from technology companies like Microsoft and Amazon to smaller local stores like Shadow Lake Books and Bon Appétit Café. In addition to businesses, there are many popular local attractions like the Shadow Lake Theatre, the Shadow Lake Lagoon, or hiking trails in nearby forests. Residents of Shadow Lake enjoy a high quality lifestyle that balances nature with modern amenities.

Shadow Lake has an unemployment rate of 5.4%. The US average is 6.0%.

Shadow Lake has seen the job market increase by 2.6% 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 Shadow Lake
- The Sales Tax Rate for Shadow Lake is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Shadow Lake 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 Shadow Lake
- The average income of a Shadow Lake resident is $40,613 a year. The US average is $28,555 a year.
- The Median household income of a Shadow Lake resident is $113,942 a year. The US average is $69,021 a year.

Income by Population Percent

Economy	Shadow Lake, Washington	United States
	5.4	6
	-5.2%	-6.2%
	40.5%	33.5%
	10.0%	6.2%
	0.0%	4.6%
	$51,969	$37,638
	$113,942	$69,021
	$156,250	$85,028
Population by Occupation
	4.8%	1.2%
	0.0%	0.5%
	13.9%	6.8%
	10.2%	10.0%
	2.3%	2.5%
	10.2%	11.0%
	5.1%	4.8%
	0.0%	0.8%
	1.4%	1.9%
	3.1%	4.7%
	5.4%	1.9%
	11.5%	7.6%
	0.0%	0.1%
	1.2%	4.2%
	12.9%	9.3%
	5.5%	14.0%
	3.1%	2.1%
	1.6%	7.0%
	4.5%	4.8%
	3.3%	4.7%