Zip 98012 (Mill Creek, WA) Economy


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Mill Creek, WA is a beautiful city located in Snohomish County, boasting a population of nearly 20,000 people. It is known for its affordable living costs, with the average two bedroom rent at only $2,350. The cost of living in the area is also quite low; the grocery cost index is 106 compared to the US average of 100. Mill Creek offers an abundance of opportunities both in terms of shopping and entertainment. Local companies such as Home Depot, Costco, and Target all offer great deals and quality products. Additionally, residents have access to major attractions like North Creek Forest Park and Bothell Landing Park that make for enjoyable days out in nature.

Mill Creek (zip 98012) has an unemployment rate of 6.3%. The US average is 6.0%.

Mill Creek (zip 98012) 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 40.8%, which is higher than the US average of 33.5%.

Tax Rates for Mill Creek (zip 98012)
- The Sales Tax Rate for Mill Creek (zip 98012) is 10.4%. The US average is 7.3%.
- The Income Tax Rate for Mill Creek (zip 98012) 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 Mill Creek (zip 98012)
- The average income of a Mill Creek (zip 98012) resident is $38,734 a year. The US average is $28,555 a year.
- The Median household income of a Mill Creek (zip 98012) resident is $127,852 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMill Creek, WashingtonUnited States
  6.36
  -5.3%-6.2%
  40.8%33.5%
  10.4%6.2%
  0.0%4.6%
  $52,227$37,638
  $127,852$69,021
  $145,489$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  5.6%6.8%
  11.7%10.0%
  2.1%2.5%
  12.1%11.0%
  2.4%4.8%
  0.7%0.8%
  4.4%1.9%
  5.2%4.7%
  2.2%1.9%
  16.8%7.6%
  0.1%0.1%
  4.2%4.2%
  7.4%9.3%
  11.7%14.0%
  1.3%2.1%
  4.9%7.0%
  3.5%4.8%
  3.2%4.7%
Health