Zip 98439 (Lakewood, WA) Economy


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Lakewood, WA is a great place to live with an abundance of amenities. The 2 bedroom rent in Lakewood is currently $1,470 per month which is slightly higher than the US average of $1,430. Grocery cost index in Lakewood is around 92 versus 100 in the US.
The city of Lakewood offers many great local companies such as Tower Self Storage, Chamberlin Roofing & Waterproofing and Romig Realty. There are also plenty of attractions to visit such as Gravelly Lake Park with its beautiful trails and amazing views. For those looking for some fun and leisure activities there are a number of options like the Clover Park Technical College which offers many workshops and classes or the Harry Todd Memorial park where you can enjoy a game of tennis or basketball.

Lakewood (zip 98439) has an unemployment rate of 7.8%. The US average is 6.0%.

Lakewood (zip 98439) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 39.1%, which is higher than the US average of 33.5%.

Tax Rates for Lakewood (zip 98439)
- The Sales Tax Rate for Lakewood (zip 98439) is 9.9%. The US average is 7.3%.
- The Income Tax Rate for Lakewood (zip 98439) 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 Lakewood (zip 98439)
- The average income of a Lakewood (zip 98439) resident is $14,754 a year. The US average is $28,555 a year.
- The Median household income of a Lakewood (zip 98439) resident is $42,198 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakewood, WashingtonUnited States
  7.86
  -2.9%-6.2%
  39.1%33.5%
  9.9%6.2%
  0.0%4.6%
  $18,609$37,638
  $42,198$69,021
  $48,878$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.9%6.8%
  7.1%10.0%
  2.1%2.5%
  15.2%11.0%
  12.9%4.8%
  0.0%0.8%
  0.0%1.9%
  2.9%4.7%
  0.6%1.9%
  2.8%7.6%
  0.0%0.1%
  5.2%4.2%
  7.1%9.3%
  11.1%14.0%
  2.4%2.1%
  10.5%7.0%
  5.2%4.8%
  3.9%4.7%
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