Zip 98198 (Des Moines, WA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Des Moines, WA 98198 is an attractive bedroom community near Seattle and Tacoma. It offers reasonably priced 2 Bedroom Rent of $1,870 compared to the national average of $1,430. Additionally, Des Moines has a Grocery Cost Index of 102 versus the US Index of 100 so food costs are slightly higher than average. The local economy is supported by companies such as Highline College, Boeing, Washington State Ferries and numerous small businesses that help make up the bustling cityscape. With its close proximity to Seattle and Tacoma and competitively priced rental rates, Des Moines is a great place to live for those looking for easy access to larger cities while still maintaining affordable housing options.

Des Moines (zip 98198) has an unemployment rate of 7.4%. The US average is 6.0%.

Des Moines (zip 98198) 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 35.8%, which is higher than the US average of 33.5%.

Tax Rates for Des Moines (zip 98198)
- The Sales Tax Rate for Des Moines (zip 98198) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Des Moines (zip 98198) 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 Des Moines (zip 98198)
- The average income of a Des Moines (zip 98198) resident is $26,405 a year. The US average is $28,555 a year.
- The Median household income of a Des Moines (zip 98198) resident is $69,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDes Moines, WashingtonUnited States
  7.46
  -5.2%-6.2%
  35.8%33.5%
  10.0%6.2%
  0.0%4.6%
  $36,630$37,638
  $69,833$69,021
  $82,423$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  8.5%6.8%
  9.0%10.0%
  2.9%2.5%
  10.1%11.0%
  14.0%4.8%
  0.4%0.8%
  1.1%1.9%
  2.6%4.7%
  1.7%1.9%
  5.8%7.6%
  0.1%0.1%
  6.7%4.2%
  5.4%9.3%
  11.5%14.0%
  2.1%2.1%
  8.7%7.0%
  5.7%4.8%
  3.3%4.7%
Reviews for Des Moines
    See all ()

Heh.. they're are literally no arts and 0 culture. in 2019, the older generation (like 70+ ) seems to be priority. The city officials are so old, boring, and selfish  More

   |    Reply

Start Your Review of Des Moines

Health