Renton, WA 98056 is located about 15 miles south of Seattle and is known for its abundance of local businesses. The city is home to well-known companies such as Boeing, Amazon, and Wizards of the Coast. With its convenient location near both Seattle and the Cascade Mountains, Renton offers many opportunities for those looking to take advantage of all that the Pacific Northwest has to offer. Additionally, the 2-bedroom rent in Renton is $2,110 which is almost 50% higher than the national average of $1,430. This makes it an attractive place for people looking for more affordable housing costs in comparison to other areas in Washington state.
Renton (zip 98056) has an unemployment rate of 6.5%. The US average is 6.0%.
Renton (zip 98056) has seen the job market decrease by -5.2% 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 98056)
- The Sales Tax Rate for Renton (zip 98056) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Renton (zip 98056) 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 98056)
- The average income of a Renton (zip 98056) resident is $50,334 a year. The US average is $37,638 a year.
- The Median household income of a Renton (zip 98056) resident is $95,088 a year. The US average is $69,021 a year.