Greenbank, WA is a small community located in Island County with a population of just over 1,000 people. This rural town offers its residents more than just an idyllic landscape and beautiful views of the Puget Sound. With 2 bedroom rents at $1,690 and the Grocery Cost Index at 104, living in Greenbank is relatively affordable compared to the national average of $1,430 for 2-bedroom apartments. In addition to saving money on housing costs, Greenbank also provides residents access to local businesses such as Harbor Square Market, Liberty Bay Books and South Whidbey Pizza Company. These businesses not only help make living in Greenbank more convenient but provide employment opportunities for many of its residents and contribute to the economic vitality of the local community.
Greenbank (zip 98253) has an unemployment rate of 6.5%. The US average is 6.0%.
Greenbank (zip 98253) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 40.3%, which is higher than the US average of 33.5%.
Tax Rates for Greenbank (zip 98253)
- The Sales Tax Rate for Greenbank (zip 98253) is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Greenbank (zip 98253) 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 Greenbank (zip 98253)
- The average income of a Greenbank (zip 98253) resident is $47,017 a year. The US average is $37,638 a year.
- The Median household income of a Greenbank (zip 98253) resident is $85,171 a year. The US average is $69,021 a year.