The city of Bothell, WA 98011 is an ideal place for those seeking a quiet suburban life with access to big city amenities. Cost of living in the area is higher than many other places in the United States, with an average two-bedroom rent for the area at $2,320 compared to the US average of $1,430. Additionally, the grocery cost index for Bothell is 108 versus 100 in the US. These higher costs are likely due to its proximity to Seattle and other large cities.
Despite these higher costs, however, Bothell is home to a number of corporate headquarters and offices including Microsoft's main campus which employs thousands of people from nearby areas. Other companies based in or near Bothell include Boeing’s Insitu division and T-Mobile USA as well as smaller businesses such as The Learning Bean and Cascade Rentals LLC. This influx of companies brings more jobs opportunities to locals which often offsets any negative effects rising cost of living may have on their lives.
Bothell (zip 98011) has an unemployment rate of 5.2%. The US average is 6.0%.
Bothell (zip 98011) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 44.7%, which is higher than the US average of 33.5%.
Tax Rates for Bothell (zip 98011)
- The Sales Tax Rate for Bothell (zip 98011) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Bothell (zip 98011) 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 Bothell (zip 98011)
- The average income of a Bothell (zip 98011) resident is $51,473 a year. The US average is $37,638 a year.
- The Median household income of a Bothell (zip 98011) resident is $107,109 a year. The US average is $69,021 a year.