Zip 98816 (Chelan, WA) Economy


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The small city of Chelan, WA (population 98816) is a great place to live, with average 2 bedroom rent prices lower than the national average at $1,210. The Grocery Cost Index is also equal to that of the US, making it an affordable place to call home. As well as being affordable, Chelan offers a wide variety of activities and attractions for residents and visitors alike. Some local companies in the area include Chelan Valley Electric Cooperative, Wenatchee Valley College, and Columbia Valley Community Health. Those looking for outdoor recreation can take advantage of nearby Lake Chelan State Park or Echo Ridge Nordic Ski Area. For culture lovers there are plenty of museums such as the Pybus Market Public Market and Artisan Cheese Company. No matter what you're looking for, Chelan has something to offer everyone.

Chelan (zip 98816) has an unemployment rate of 5.9%. The US average is 6.0%.

Chelan (zip 98816) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.

Tax Rates for Chelan (zip 98816)
- The Sales Tax Rate for Chelan (zip 98816) is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Chelan (zip 98816) 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 Chelan (zip 98816)
- The average income of a Chelan (zip 98816) resident is $23,868 a year. The US average is $28,555 a year.
- The Median household income of a Chelan (zip 98816) resident is $63,435 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChelan, WashingtonUnited States
  5.96
  -5.3%-6.2%
  36.9%33.5%
  8.2%6.2%
  0.0%4.6%
  $39,384$37,638
  $63,435$69,021
  $68,140$85,028
  Population by Occupation
  15.3%1.2%
  0.0%0.5%
  4.5%6.8%
  4.0%10.0%
  4.0%2.5%
  12.9%11.0%
  2.9%4.8%
  0.8%0.8%
  0.0%1.9%
  1.8%4.7%
  6.1%1.9%
  4.6%7.6%
  0.0%0.1%
  1.4%4.2%
  3.1%9.3%
  12.8%14.0%
  4.7%2.1%
  13.8%7.0%
  6.5%4.8%
  0.8%4.7%
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