98036 Lynnwood, WA is a thriving suburban community located in the Seattle metropolitan area. The average two bedroom rent for this area is $1,940 per month, which is $510 higher than the US average of $1,430. This place also has a Grocery Cost Index of 105, which is 5 points higher than the national average.
Living in 98036 Lynnwood comes with a variety of benefits such as easy access to major highways and nearby shopping centers like Alderwood Mall and Walmart Supercenter. Additionally, there are several large companies operating in the region such as Amazon fulfillment center, Boeing Company Storefronts, Everett Clinic and Swedish Medical Center. All these organizations offer exciting opportunities for employment.
When calculating the differences in rent between 98036 Lynnwood and the US average of $1,430 per month over a one-year period we find that an individual would need to pay an extra $6120 annually to live in this area.
Lynnwood (zip 98036) has an unemployment rate of 7.0%. The US average is 6.0%.
Lynnwood (zip 98036) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Lynnwood (zip 98036)
- The Sales Tax Rate for Lynnwood (zip 98036) is 10.4%. The US average is 7.3%.
- The Income Tax Rate for Lynnwood (zip 98036) 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 Lynnwood (zip 98036)
- The average income of a Lynnwood (zip 98036) resident is $41,851 a year. The US average is $37,638 a year.
- The Median household income of a Lynnwood (zip 98036) resident is $85,407 a year. The US average is $69,021 a year.