The city of Lynnwood, Washington is a great place to live with a population of over 35,000 people. It offers a variety of amenities, including two bedroom rent for $2,030 per month. This is slightly higher than the US average of $1,430 per month for two bedrooms. Grocery cost index is also higher at 105 versus 100 in the US. The city offers plenty of local businesses such as Walmart Neighborhood Markets and Fred Meyer stores for residents' convenience. Lynnwood also has numerous recreational facilities located throughout the city, such as Alderwood Park and Cedar Valley Community Park which include walking trails, tennis courts, basketball courts and playgrounds. There are many restaurants in the area offering international cuisine such as Mediterranean and Mexican food. In addition, there are several colleges and universities nearby providing education opportunities to those who reside in Lynnwood. All these factors make Lynnwood an ideal place to live for those looking to enjoy a lively urban atmosphere with access to many amenities that can’t be found elsewhere.
Lynnwood (zip 98037) has an unemployment rate of 7.0%. The US average is 6.0%.
Lynnwood (zip 98037) 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 98037)
- The Sales Tax Rate for Lynnwood (zip 98037) is 10.4%. The US average is 7.3%.
- The Income Tax Rate for Lynnwood (zip 98037) 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 98037)
- The average income of a Lynnwood (zip 98037) resident is $38,827 a year. The US average is $37,638 a year.
- The Median household income of a Lynnwood (zip 98037) resident is $92,357 a year. The US average is $69,021 a year.