Zip 98058 (Fairwood, WA) Economy


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98058 Fairwood, WA is a great neighborhood to live in. It has a variety of local companies, schools, and attractions available for its residents. The average two bedroom rent in this area is $2,210 per month which is slightly more expensive than the US average of $1,430. Grocery costs are also higher with an index of 103 versus 100 in the US. Local companies include Pacific Office Automation, Roadhouse Gourmet Pizza & Subs, King County Library System-Fairwood Branch and many more. Schools servicing the area are Edmonds Heights K-12 School and Shadow Lake Elementary School among others. Attractions include Meadowbrook Farm Park, Fairwood Golf & Country Club and Green River Trail - South Access Point where visitors can enjoy nature trails for biking or walking.

Fairwood (zip 98058) has an unemployment rate of 5.4%. The US average is 6.0%.

Fairwood (zip 98058) 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 Fairwood (zip 98058)
- The Sales Tax Rate for Fairwood (zip 98058) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Fairwood (zip 98058) 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 Fairwood (zip 98058)
- The average income of a Fairwood (zip 98058) resident is $34,874 a year. The US average is $28,555 a year.
- The Median household income of a Fairwood (zip 98058) resident is $98,648 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairwood, WashingtonUnited States
  5.46
  -5.2%-6.2%
  40.5%33.5%
  10.0%6.2%
  0.0%4.6%
  $43,590$37,638
  $98,648$69,021
  $108,233$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  6.0%6.8%
  12.2%10.0%
  3.0%2.5%
  13.5%11.0%
  6.3%4.8%
  0.4%0.8%
  2.1%1.9%
  3.4%4.7%
  2.1%1.9%
  9.6%7.6%
  0.4%0.1%
  4.0%4.2%
  7.1%9.3%
  12.9%14.0%
  2.3%2.1%
  5.9%7.0%
  5.1%4.8%
  3.3%4.7%
Health