The median two-bedroom rent in North Lynnwood is $2,150 - slightly higher than the US average of $1,430 - while the Grocery Cost Index is higher at 104 compared to 100 for the US average. This demonstrates that in comparison to other cities across the country, living expenses in North Lynnwood are slightly more expensive than elsewhere. However with its proximity to Seattle and an abundance of job opportunities nearby; it's clear why so many people call this community home.
North Lynnwood (zip 98087) has an unemployment rate of 6.3%. The US average is 6.0%.
North Lynnwood (zip 98087) 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 40.8%, which is higher than the US average of 33.5%.
Tax Rates for North Lynnwood (zip 98087)
- The Sales Tax Rate for North Lynnwood (zip 98087) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for North Lynnwood (zip 98087) 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 North Lynnwood (zip 98087)
- The average income of a North Lynnwood (zip 98087) resident is $38,057 a year. The US average is $37,638 a year.
- The Median household income of a North Lynnwood (zip 98087) resident is $90,749 a year. The US average is $69,021 a year.