Zip 99218 (Fairwood, WA) Economy


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99218 Fairwood, WA is an ideal place to live for families and young professionals alike. The average 2 bedroom rent in this area is $1,150 which is slightly lower than the US average of $1,430. Additionally, the Grocery Cost Index in this location is equal to the national index at 100. In terms of local companies, 99218 Fairwood has plenty to offer. Major employers include Microsoft, Boeing, Providence Health & Services, Amazon and Starbucks. Other well-known businesses in this area are Safeway grocery store, Wells Fargo bank, AMC theater and Big 5 Sporting Goods. There are also numerous restaurants and cafes in 99218 Fairwood that cater to a diverse range of tastes and budgets.

Fairwood (zip 99218) has an unemployment rate of 6.3%. The US average is 6.0%.

Fairwood (zip 99218) has seen the job market decrease by -0.6% 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 Fairwood (zip 99218)
- The Sales Tax Rate for Fairwood (zip 99218) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Fairwood (zip 99218) 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 99218)
- The average income of a Fairwood (zip 99218) resident is $22,719 a year. The US average is $28,555 a year.
- The Median household income of a Fairwood (zip 99218) resident is $59,433 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairwood, WashingtonUnited States
  6.36
  -2.7%-6.2%
  34.5%33.5%
  8.8%6.2%
  0.0%4.6%
  $32,410$37,638
  $59,433$69,021
  $81,928$85,028
  Population by Occupation
  1.2%1.2%
  0.2%0.5%
  10.0%6.8%
  6.0%10.0%
  1.7%2.5%
  11.6%11.0%
  5.0%4.8%
  1.6%0.8%
  3.6%1.9%
  3.7%4.7%
  2.0%1.9%
  8.0%7.6%
  0.0%0.1%
  3.0%4.2%
  9.5%9.3%
  18.8%14.0%
  2.8%2.1%
  5.7%7.0%
  3.4%4.8%
  2.0%4.7%
Reviews for Fairwood
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Over 6 years ago

I have lived here for 10 years. It is an affordable place with good schools. It has a 4 season climate with hot dry summers and a couple cold months in winter. Falls is  More

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