Zip 98418 (Tacoma, WA) Economy


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Tacoma, WA is a thriving city in the heart of Puget Sound that offers many opportunities for its residents. The 2 bedroom rent in Tacoma, WA is $1,600 which is slightly above the average cost of $1,430 in the United States. Additionally, the Grocery Cost Index in Tacoma is 100 versus 100 in the US on average.
The city of Tacoma has a lot to offer and there are several businesses that have made their mark in 98418 Tacoma such as MultiCare Health System, Pacific Lutheran University, and Tacoma Public Schools. With great universities and schools to choose from, excellent health care services provided by MultiCare Health System and plenty of recreational activities to take part in around the beautiful Puget Sound - 98418 Tacoma is an ideal place to call home!

Tacoma (zip 98418) has an unemployment rate of 7.3%. The US average is 6.0%.

Tacoma (zip 98418) 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 39.9%, which is higher than the US average of 33.5%.

Tax Rates for Tacoma (zip 98418)
- The Sales Tax Rate for Tacoma (zip 98418) is 10.1%. The US average is 7.3%.
- The Income Tax Rate for Tacoma (zip 98418) 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 Tacoma (zip 98418)
- The average income of a Tacoma (zip 98418) resident is $20,796 a year. The US average is $28,555 a year.
- The Median household income of a Tacoma (zip 98418) resident is $64,934 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTacoma, WashingtonUnited States
  7.36
  -2.9%-6.2%
  39.9%33.5%
  10.1%6.2%
  0.0%4.6%
  $34,350$37,638
  $64,934$69,021
  $69,702$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  11.7%6.8%
  8.0%10.0%
  3.2%2.5%
  15.5%11.0%
  9.5%4.8%
  1.2%0.8%
  1.3%1.9%
  1.1%4.7%
  1.0%1.9%
  4.0%7.6%
  0.0%0.1%
  5.6%4.2%
  7.2%9.3%
  15.0%14.0%
  2.8%2.1%
  2.8%7.0%
  3.6%4.8%
  5.4%4.7%
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