98122 Seattle, WA is a popular area for renters due to the relatively affordable 2 bedroom rent price of $2,620. This is significantly higher than the US average of $1,430 but still offers a cost of living that is available to many. It is also a great place to shop as the Grocery Cost Index here is 109 compared to 100 in the US. Therefore food items are only 9% more expensive compared to other places. Local businesses such as Starbucks, Amazon, Microsoft and Costco are among those providing employment and services and making 98122 Seattle, WA an attractive destination for potential renters.
Seattle (zip 98122) has an unemployment rate of 4.8%. The US average is 6.0%.
Seattle (zip 98122) 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 43.8%, which is higher than the US average of 33.5%.
Tax Rates for Seattle (zip 98122)
- The Sales Tax Rate for Seattle (zip 98122) is 10.1%. The US average is 7.3%.
- The Income Tax Rate for Seattle (zip 98122) 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 (zip 98122)
- The average income of a Seattle (zip 98122) resident is $44,131 a year. The US average is $28,555 a year.
- The Median household income of a Seattle (zip 98122) resident is $87,418 a year. The US average is $69,021 a year.