Zip 98032 (Kent, WA) Economy


Reviews



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98032 Kent, WA is a great place to live with many amenities. Known for its low cost of living compared to the US, renting a two bedroom in Kent averages $2,060 per month while the US average is $1,430. The grocery cost index for Kent is 101 versus 100 in the US. There are many popular local companies such as Starbucks and Microsoft located nearby. Additionally, there are great community events held throughout the year such as the Summer Concert Series at Lake Meridian Park and the annual Art & Chalk Fest at Town Square Plaza.

Kent (zip 98032) has an unemployment rate of 7.3%. The US average is 6.0%.

Kent (zip 98032) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Kent (zip 98032)
- The Sales Tax Rate for Kent (zip 98032) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Kent (zip 98032) 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 Kent (zip 98032)
- The average income of a Kent (zip 98032) resident is $34,504 a year. The US average is $37,638 a year.
- The Median household income of a Kent (zip 98032) resident is $69,437 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKent, WashingtonUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Kent
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Over 11 years ago

Great location to live, quiet, isolated enough that you dont feel bombarded by city life. It's very conviently located; several different ways to get to the freeways,  More

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