Zip 98445 (Parkland, WA) Economy


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98445 Parkland, WA is a vibrant and desirable place to live. Located near Joint Base Lewis-McChord and close to Tacoma, residents of 98445 Parkland enjoy access to some of the best amenities in the region. The average 2-bedroom rent for 98445 Parkland is $1,720, slightly more expensive than the US average of $1,430. However, grocery costs are slightly cheaper here with a Grocery Cost Index of 101 compared to 100 in the US.
In addition to its affordability and convenience, 98445 Parkland is also home to several well-known employers such as Pacific Lutheran University, Franciscan Health System, MultiCare Health Systems and State Farm Insurance Regional Office. These organizations provide many local jobs that benefit both employees and businesses alike. There are also numerous opportunities for recreation such as hiking trails at South Sound Parks or shopping at South Hill Mall close by. Moving to 98445 Parkland has plenty of great benefits that make it an attractive place to live.

Parkland (zip 98445) has an unemployment rate of 6.8%. The US average is 6.0%.

Parkland (zip 98445) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.

Tax Rates for Parkland (zip 98445)
- The Sales Tax Rate for Parkland (zip 98445) is 9.9%. The US average is 7.3%.
- The Income Tax Rate for Parkland (zip 98445) 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 Parkland (zip 98445)
- The average income of a Parkland (zip 98445) resident is $25,031 a year. The US average is $28,555 a year.
- The Median household income of a Parkland (zip 98445) resident is $75,677 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParkland, WashingtonUnited States
  6.86
  -2.9%-6.2%
  41.3%33.5%
  9.9%6.2%
  0.0%4.6%
  $31,834$37,638
  $75,677$69,021
  $86,162$85,028
  Population by Occupation
  0.6%1.2%
  0.2%0.5%
  11.4%6.8%
  7.8%10.0%
  3.9%2.5%
  12.1%11.0%
  7.0%4.8%
  0.3%0.8%
  1.1%1.9%
  1.8%4.7%
  1.6%1.9%
  4.2%7.6%
  0.5%0.1%
  3.0%4.2%
  7.9%9.3%
  15.2%14.0%
  2.8%2.1%
  6.9%7.0%
  3.8%4.8%
  7.9%4.7%
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