Zip 98537 (Cosmopolis, WA) Economy


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Cosmopolis, WA 98537 is a small town located in Grays Harbor County. The town has a population of 1,476 people and offers affordable rental prices for 2 Bedroom units which are $1,060 per month. The Grocery Cost Index in this area is slightly lower than the US average at 99 versus 100 - making it an attractive option for those looking to save on their grocery expenses.
The economy of Cosmopolis is mainly driven by the timber and fishing industries. There are several local companies that contribute to the economic well-being of the community such as Logger’s Supply, Coast Shellfish Co., and Salmon Creek Fisheries. These businesses provide employment opportunities for local residents and help keep Cosmopolis thriving.

Cosmopolis (zip 98537) has an unemployment rate of 8.8%. The US average is 6.0%.

Cosmopolis (zip 98537) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Cosmopolis (zip 98537)
- The Sales Tax Rate for Cosmopolis (zip 98537) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Cosmopolis (zip 98537) 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 Cosmopolis (zip 98537)
- The average income of a Cosmopolis (zip 98537) resident is $26,031 a year. The US average is $28,555 a year.
- The Median household income of a Cosmopolis (zip 98537) resident is $68,571 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCosmopolis, WashingtonUnited States
  8.86
  -4.4%-6.2%
  34.5%33.5%
  8.8%6.2%
  0.0%4.6%
  $30,714$37,638
  $68,571$69,021
  $82,944$85,028
  Population by Occupation
  4.6%1.2%
  0.0%0.5%
  7.6%6.8%
  17.3%10.0%
  2.2%2.5%
  9.8%11.0%
  5.1%4.8%
  0.6%0.8%
  1.1%1.9%
  4.3%4.7%
  0.7%1.9%
  4.8%7.6%
  0.0%0.1%
  0.4%4.2%
  9.8%9.3%
  10.6%14.0%
  1.9%2.1%
  5.6%7.0%
  6.2%4.8%
  7.6%4.7%
Health