Lakewood, WA 98498 is a great place to live due to its affordable cost of living. The average rent for a two bedroom in Lakewood is $1,460, which is slightly higher than the national average of $1,430. Additionally, groceries in Lakewood are 1% more expensive than the nation’s average grocery cost index. Despite these slight increases, Lakewood still offers a high quality of life at an affordable price. There are many local businesses that are popular among residents such as Tacoma Boys and Top Foods offering high quality products at discounted prices. There are also plenty of restaurants to choose from such as Red Hot and Round Table Pizza providing tasty cuisines at reasonable prices. In conclusion, Lakewood has something for everyone and provides excellent value for money.
Lakewood (zip 98498) has an unemployment rate of 7.8%. The US average is 6.0%.
Lakewood (zip 98498) has seen the job market decrease by -2.9% 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 98498)
- The Sales Tax Rate for Lakewood (zip 98498) is 9.9%. The US average is 7.3%.
- The Income Tax Rate for Lakewood (zip 98498) 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 98498)
- The average income of a Lakewood (zip 98498) resident is $38,650 a year. The US average is $37,638 a year.
- The Median household income of a Lakewood (zip 98498) resident is $77,905 a year. The US average is $69,021 a year.