Renton, WA 98055 is an area of Seattle that offers a higher quality of life than the US average. This is evident in its rents for two bedroom apartments, which are around $2,260 compared to the US average of $1,430. Furthermore, groceries cost 103 on the index versus 100 in the US, which helps contribute to a desirable lifestyle. Renton also has many local companies like Boeing and PACCAR Inc., as well as several major health institutions such as Valley Medical Center and Swedish Hospital Renton. All in all, Renton is an excellent choice for those looking for an enjoyable place to live without sacrificing access to great job opportunities or quality healthcare.
Renton (zip 98055) has an unemployment rate of 6.5%. The US average is 6.0%.
Renton (zip 98055) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.
Tax Rates for Renton (zip 98055)
- The Sales Tax Rate for Renton (zip 98055) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Renton (zip 98055) 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 Renton (zip 98055)
- The average income of a Renton (zip 98055) resident is $37,943 a year. The US average is $37,638 a year.
- The Median household income of a Renton (zip 98055) resident is $83,621 a year. The US average is $69,021 a year.