Twin Lakes, WA Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Washington / No Metro Area / Ferry County / Twin Lakes / Zip Codes
Twin Lakes, WA is a small town located in Washington State. The cost of living there is quite low compared to other parts of the country - two bedroom rent is about $910 per month, which is 32% lower than the US average of $1,430. Additionally, the grocery cost index in Twin Lakes stands at 98 compared to 100 nationally. There are many local businesses that offer residents great options for shopping, dining out and entertainment. These include stores like Twin Lakes Mall, Twin Lakes Cinema 4 and Twin Lakes Wines & Spirits which all serve to enhance the quality of life for its residents. Living in Twin Lakes means getting to enjoy stunning natural scenery and a relaxed lifestyle while still having access to all the amenities one needs at an affordable rate.

Twin Lakes has an unemployment rate of 9.8%. The US average is 6.0%.

Twin Lakes has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 11.3%, which is lower than the US average of 33.5%.

Tax Rates for Twin Lakes
- The Sales Tax Rate for Twin Lakes is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Twin Lakes 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 Twin Lakes
- The average income of a Twin Lakes resident is $17,630 a year. The US average is $28,555 a year.
- The Median household income of a Twin Lakes resident is $31,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTwin Lakes, WashingtonUnited States
  9.86
  -1.5%-6.2%
  11.3%33.5%
  7.7%6.2%
  0.0%4.6%
  $23,272$37,638
  $31,875$69,021
  $56,250$85,028
  Population by Occupation
  24.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  12.0%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%
  0.0%9.3%
  32.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  32.0%4.7%
Health
Compare Twin Lakes, WA
cost of living
Compare food, housing, utilities, and more in Twin Lakes, Washington to any other city in the US.