Economy in Zip 98342 (Indianola, WA)

Indianola, WA 98342 is a small city located on the Kitsap Peninsula in Washington State. It has a population of only 1,100 people and is known for its waterfront views. The median rent for a two-bedroom unit is $1,970 per month, which is slightly higher than the US average of $1,430 per month. When it comes to groceries costs, Indianola's Grocery Cost Index is 104 versus 100 in the US. Local companies in this area include Kitsap Credit Union, Jones & Jones Construction Co., Soundbank Marine Services, and Kitsap Garage Door Company. The Cost of Living Index for Indianola stands at 132 compared to the national average of 100.

Indianola (zip 98342) has an unemployment rate of 5.8%. The US average is 6.0%.

Indianola (zip 98342) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.

Tax Rates for Indianola (zip 98342)
- The Sales Tax Rate for Indianola (zip 98342) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Indianola (zip 98342) 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 Indianola (zip 98342)
- The average income of a Indianola (zip 98342) resident is $36,777 a year. The US average is $28,555 a year.
- The Median household income of a Indianola (zip 98342) resident is $78,194 a year. The US average is $69,021 a year.