Zip 98368 (Port Townsend, WA) Economy


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United States / Washington / No Metro Area / Jefferson County / Port Townsend / Port Townsend (zip 98368)
Port Townsend, WA, with a zip code of 98368, is a wonderful place to live. It offers an abundance of outdoor activities in its beautiful natural surroundings. The 2 bedroom rent in Port Townsend is $1,540, slightly higher than the US average of $1,430. Groceries are also slightly more expensive here with a grocery cost index rating of 102 compared to 100 for the US on average. There are plenty of local shops and restaurants in Port Townsend where residents can buy their goods and enjoy delicious meals. Popular companies include Port Townsend Brewery, The Copper Frog Bakery & Coffee Shop, Fort Worden State Park Historic Landmark & Marina and Finistère Gifts & Garden Decor. All in all, living in Port Townsend is worth it due to its picturesque charm combined with its relatively affordable cost of living compared to other similar places nearby.

Port Townsend (zip 98368) has an unemployment rate of 7.6%. The US average is 6.0%.

Port Townsend (zip 98368) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.

Tax Rates for Port Townsend (zip 98368)
- The Sales Tax Rate for Port Townsend (zip 98368) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Port Townsend (zip 98368) 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 Port Townsend (zip 98368)
- The average income of a Port Townsend (zip 98368) resident is $29,591 a year. The US average is $28,555 a year.
- The Median household income of a Port Townsend (zip 98368) resident is $57,383 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Townsend, WashingtonUnited States
  7.66
  -2.2%-6.2%
  39.5%33.5%
  9.0%6.2%
  0.0%4.6%
  $40,095$37,638
  $57,383$69,021
  $72,528$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  6.3%6.8%
  5.8%10.0%
  2.4%2.5%
  17.4%11.0%
  2.8%4.8%
  0.1%0.8%
  2.0%1.9%
  1.5%4.7%
  2.4%1.9%
  7.6%7.6%
  0.0%0.1%
  3.1%4.2%
  6.9%9.3%
  17.1%14.0%
  3.1%2.1%
  5.6%7.0%
  7.1%4.8%
  8.1%4.7%
Reviews for Port Townsend
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Over 4 years ago

Seems like a lot of cranky people writing here. Can't beat the gorgeous scenery, fresh sea air and numerous festivals. Small town filled with musicians, writers,  More

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