Economy in King County, Washington

King, WA County is known for its affordability and high quality of life. Renting a two bedroom apartment typically costs $2,200 which is much cheaper than the US average rate of $1,430. Additionally, the grocery cost index in King, WA County is 107 which is higher than the US average of 100. A variety of local businesses are located in King County such as Amazon, Boeing, Microsoft, Starbucks Coffee Company and Nordstrom’s. These companies have helped make King County one of the most prosperous counties in Washington State.

King County has an unemployment rate of 5.4%. The US average is 6.0%.

King County 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 King County
- The Sales Tax Rate for King County is 9.9%. The US average is 7.3%.
- The Income Tax Rate for King County 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 King County
- The average income of a King County resident is $40,656 a year. The US average is $28,555 a year.
- The Median household income of a King County resident is $106,326 a year. The US average is $69,021 a year.