Zip 98224 (Baring, WA) Economy


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98224 Baring, WA is an ideal location for families looking to relocate. It is a small town in the state of Washington with a population of about 400. Renting a 2-bedroom apartment in this area costs $1,820, which is slightly higher than the US average of $1,430. The cost of living in 98224 Baring is comparable to the national average, as evidenced by the Grocery Cost Index being 99 versus 100 in the US.
This town offers its residents many conveniences to make life easier and more enjoyable. There are local companies such as Baring Country Store and Baring Lumber that provide services to the community. Residents can also enjoy amenities like Cascadia State Park and Whitehorse Falls Recreation Site for outdoor activities such as camping and hiking. There are also recreational facilities including disc golf courses at Chinook Bend Natural Area or nearby Foothills Park that offer fun activities for all ages. With so much to do and see, 98224 Baring is an ideal place for families looking for a new home.

Baring (zip 98224) has an unemployment rate of 5.4%. The US average is 6.0%.

Baring (zip 98224) 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 40.5%, which is higher than the US average of 33.5%.

Tax Rates for Baring (zip 98224)
- The Sales Tax Rate for Baring (zip 98224) is 9.7%. The US average is 7.3%.
- The Income Tax Rate for Baring (zip 98224) 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 Baring (zip 98224)
- The average income of a Baring (zip 98224) resident is $23,048 a year. The US average is $28,555 a year.
- The Median household income of a Baring (zip 98224) resident is $65,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaring, WashingtonUnited States
  5.46
  -5.2%-6.2%
  40.5%33.5%
  9.7%6.2%
  0.0%4.6%
  $36,233$37,638
  $65,417$69,021
  $67,639$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  18.8%6.8%
  8.2%10.0%
  0.0%2.5%
  0.0%11.0%
  5.9%4.8%
  0.0%0.8%
  2.4%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  14.1%9.3%
  35.3%14.0%
  15.3%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
Health