Woodway, WA is a suburban town located near Seattle with access to plenty of amenities. The median 2 bedroom rent is $2,290 in Woodway, which is 62% higher than the US average of $1,430. Additionally, the Grocery Cost Index in Woodway is 108 compared to 100 in the US. Some local businesses in Woodway include Starbucks, Safeway Grocery Store, Big 5 Sporting Goods, and Petco animal supplies. Woodway residents enjoy being part of a big city metropolitan area while having access to more affordable rent than other cities nearby.
Woodway has an unemployment rate of 6.3%. The US average is 6.0%.
Woodway has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Woodway
- The Sales Tax Rate for Woodway is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Woodway 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 Woodway
- The average income of a Woodway resident is $108,236 a year. The US average is $37,638 a year.
- The Median household income of a Woodway resident is $188,125 a year. The US average is $69,021 a year.