Spokane-Spokane Valley, WA Metro Area is a great place to live, work and play. The area has an economical cost of living with two bedroom rental prices averaging at $1,180 compared to the US average of $1,430. In addition grocery cost index is 99 versus 100 in the US which further contributes to affordability. There are plenty of local companies that have both grown and set up shop in Spokane-Spokane Valley such as Avista Corporation, Umpqua Bank, Itron Inc., Washington Trust Bank and Atomic Bowl. These companies provide employment opportunities within the metro area adding to its economic vibrancy.
Spokane-Spokane Valley Metro Area has an unemployment rate of 6.5%. The US average is 6.0%.
Spokane-Spokane Valley Metro Area has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 34.1%, which is higher than the US average of 33.5%.
Tax Rates for Spokane-Spokane Valley Metro Area
- The Sales Tax Rate for Spokane-Spokane Valley Metro Area is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Spokane-Spokane Valley 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 Spokane-Spokane Valley Metro Area
- The average income of a Spokane-Spokane Valley Metro Area resident is $34,035 a year. The US average is $37,638 a year.
- The Median household income of a Spokane-Spokane Valley Metro Area resident is $63,524 a year. The US average is $69,021 a year.