Zip 98548 (Hoodsport, WA) Economy


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Hoodsport, WA 98548 is an idyllic mountain town located near the Olympic National Park. With a population of about 1,000 people, it's a great place for those looking to escape the hustle and bustle of city life. The average 2 bedroom rent in Hoodsport is $1,200 per month which is cheaper than the US average of $1,430. Grocery costs are also lower than the US with an Index Rating of 98 compared to 100.
Residents of Hoodsport enjoy a variety of shopping options from local stores such as Taggart's Timberland General Store and Matheny Meats. These stores offer locally-sourced goods at competitive prices making them great spots to do your grocery shopping or pick up souvenirs for friends and family back home.
Overall, Hoodsport boasts affordable housing and low grocery costs making it an ideal location for those looking to get away while still staying within their budget. With its close proximity to many parks and nature preserves, there’s plenty to explore without breaking the bank!

Hoodsport (zip 98548) has an unemployment rate of 7.7%. The US average is 6.0%.

Hoodsport (zip 98548) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.

Tax Rates for Hoodsport (zip 98548)
- The Sales Tax Rate for Hoodsport (zip 98548) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Hoodsport (zip 98548) 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 Hoodsport (zip 98548)
- The average income of a Hoodsport (zip 98548) resident is $20,809 a year. The US average is $28,555 a year.
- The Median household income of a Hoodsport (zip 98548) resident is $55,557 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoodsport, WashingtonUnited States
  7.76
  -2.4%-6.2%
  32.8%33.5%
  8.5%6.2%
  0.0%4.6%
  $33,815$37,638
  $55,557$69,021
  $54,429$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  4.5%6.8%
  9.5%10.0%
  0.0%2.5%
  1.8%11.0%
  2.7%4.8%
  0.0%0.8%
  21.2%1.9%
  0.0%4.7%
  0.0%1.9%
  4.0%7.6%
  0.0%0.1%
  2.5%4.2%
  0.9%9.3%
  5.7%14.0%
  0.0%2.1%
  26.9%7.0%
  0.0%4.8%
  18.7%4.7%
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