Zip 98077 (Cottage Lake, WA) Economy


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Cottage Lake, WA is a vibrant community located in 98077 zip code. The average two-bedroom rent for Cottage Lake is $2,730, slightly higher than the national average of $1,430. Additionally, grocery costs are 10 percent higher in this area than the US as a whole with an index of 110 versus 100. There are several businesses located in the area such as Cottage Lake Computers, GoodLife Physical Therapy and HVAC Services LLC that provide local jobs and services to residents. Living in Cottage Lake has several advantages including close proximity to nearby cities such as Seattle and Bellevue. Cottage Lake offers excellent public schools as well as outdoor recreation opportunities at nearby parks including Cottage Park and Meadowbrook Pond Park. With its central location to major cities, various amenities and spacious housing options, Cottage Lake is an excellent choice for individuals seeking suburban living just outside the city limits.

Cottage Lake (zip 98077) has an unemployment rate of 5.4%. The US average is 6.0%.

Cottage Lake (zip 98077) 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 Cottage Lake (zip 98077)
- The Sales Tax Rate for Cottage Lake (zip 98077) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Cottage Lake (zip 98077) 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 Cottage Lake (zip 98077)
- The average income of a Cottage Lake (zip 98077) resident is $62,775 a year. The US average is $28,555 a year.
- The Median household income of a Cottage Lake (zip 98077) resident is $164,148 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCottage Lake, WashingtonUnited States
  5.46
  -5.2%-6.2%
  40.5%33.5%
  8.6%6.2%
  0.0%4.6%
  $79,238$37,638
  $164,148$69,021
  $188,594$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  7.0%6.8%
  11.4%10.0%
  2.2%2.5%
  13.6%11.0%
  1.2%4.8%
  0.3%0.8%
  4.5%1.9%
  5.1%4.7%
  1.3%1.9%
  18.3%7.6%
  0.6%0.1%
  4.9%4.2%
  7.4%9.3%
  10.8%14.0%
  1.5%2.1%
  3.6%7.0%
  3.7%4.8%
  2.1%4.7%
Reviews for Cottage Lake
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Walk to school neighborhood for the Elementary school and close to the Junior High. 5 miles to downtown Woodinville and about 4 miles to Duvall. Suburban area, safe,  More

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