Zip 98503 (Lacey, WA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Lacey, WA is a great place to live, with an average two-bedroom rent of $1,440 and a Grocery Cost Index of 100. Located just south of Olympia, this city makes for a great home base to explore the surrounding areas. It has a vibrant business community as well, offering plenty of opportunities for employment. Some of the most popular local employers include Saint Martin’s University, Providence Health & Services, Amazon Fulfillment Center, Walmart Supercenter, and Lacey City Hall. With so many different options available in this area, it's easy to see why so many people choose to call Lacey home.

Lacey (zip 98503) has an unemployment rate of 6.6%. The US average is 6.0%.

Lacey (zip 98503) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 43.4%, which is higher than the US average of 33.5%.

Tax Rates for Lacey (zip 98503)
- The Sales Tax Rate for Lacey (zip 98503) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Lacey (zip 98503) 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 Lacey (zip 98503)
- The average income of a Lacey (zip 98503) resident is $34,670 a year. The US average is $37,638 a year.
- The Median household income of a Lacey (zip 98503) resident is $71,964 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLacey, WashingtonUnited States
  6.66
  -2.3%-6.2%
  43.4%33.5%
  8.9%6.2%
  0.0%4.6%
  $34,670$37,638
  $71,964$69,021
  $90,180$85,028
  Population by Occupation
  1.9%1.2%
  0.2%0.5%
  7.8%6.8%
  5.3%10.0%
  1.7%2.5%
  14.1%11.0%
  5.7%4.8%
  0.4%0.8%
  1.1%1.9%
  2.7%4.7%
  1.3%1.9%
  5.2%7.6%
  0.1%0.1%
  4.4%4.2%
  7.8%9.3%
  12.2%14.0%
  1.1%2.1%
  7.9%7.0%
  4.6%4.8%
  14.7%4.7%
Health