Economy in Seattle-Tacoma-Bellevue Metro Area, Washington

The Seattle-Tacoma-Bellevue, WA Metro Area is an exciting place to live and work. It boasts a large population, with some of the most sought-after companies in the country such as Amazon, Microsoft, and Expedia located here. Additionally, there are several top universities including University of Washington, Seattle Pacific University, and Bellevue College. For those looking to make their home in this area, it should be noted that the monthly rent for a two bedroom apartment is $2,070 which is about 40% higher than the average US rent rate for similar apartments. Furthermore, grocery costs in this area are 5% higher than those of the national average. With its thriving economy and ample educational opportunities available, Seattle-Tacoma-Bellevue is an attractive place to call home.

Seattle-Tacoma-Bellevue Metro Area has an unemployment rate of 5.9%. The US average is 6.0%.

Seattle-Tacoma-Bellevue Metro Area has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 40.6%, which is higher than the US average of 33.5%.

Tax Rates for Seattle-Tacoma-Bellevue Metro Area
- The Sales Tax Rate for Seattle-Tacoma-Bellevue Metro Area is 9.7%. The US average is 7.3%.
- The Income Tax Rate for Seattle-Tacoma-Bellevue Metro Area 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-Tacoma-Bellevue Metro Area
- The average income of a Seattle-Tacoma-Bellevue Metro Area resident is $36,061 a year. The US average is $28,555 a year.
- The Median household income of a Seattle-Tacoma-Bellevue Metro Area resident is $97,675 a year. The US average is $69,021 a year.