Zip 98014 (Carnation, WA) Economy


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The small town of Carnation, WA (98014) is a great place to live for those who are looking for an affordable cost of living. Two-bedroom rent in Carnation averages $2,030, which is significantly lower than the nation-wide average of $1,430 for two-bedroom rentals. Groceries here are also more expensive than in most other parts of the country; however, it still remains affordable due to the low two-bedroom rental rate. At the local grocery store, Carnation Market, you can find all your food needs at a reasonable cost. The grocery cost index for this area is 107 compared to the national average of 100. In addition to these competitive costs, locals have access to great businesses such as Danny Boys Pizza and Deli and Moose’s BBQ & Eatery where they can pick up their favorite meal or enjoy a nice dinner out with friends and family. The cost of living in Carnation may come at a higher price than other parts of Washington State but with its low two-bedroom rental rates plus its options for dining out and shopping locally it makes it worth every penny.

Carnation (zip 98014) has an unemployment rate of 5.4%. The US average is 6.0%.

Carnation (zip 98014) 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 Carnation (zip 98014)
- The Sales Tax Rate for Carnation (zip 98014) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Carnation (zip 98014) 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 Carnation (zip 98014)
- The average income of a Carnation (zip 98014) resident is $48,089 a year. The US average is $28,555 a year.
- The Median household income of a Carnation (zip 98014) resident is $123,982 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarnation, WashingtonUnited States
  5.46
  -5.2%-6.2%
  40.5%33.5%
  8.6%6.2%
  0.0%4.6%
  $60,420$37,638
  $123,982$69,021
  $143,583$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  9.4%6.8%
  10.6%10.0%
  3.0%2.5%
  10.4%11.0%
  1.9%4.8%
  0.2%0.8%
  1.4%1.9%
  2.1%4.7%
  1.3%1.9%
  18.2%7.6%
  0.1%0.1%
  4.0%4.2%
  8.9%9.3%
  10.9%14.0%
  3.8%2.1%
  6.8%7.0%
  4.1%4.8%
  2.0%4.7%
Health