Zip 98074 (Sammamish, WA) Economy


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Sammamish, WA 98074 is a vibrant city with many amenities and activities to offer. The average 2 Bedroom rent in Sammamish is $3,120 which is higher than the US benchmark of $1,430. Grocery Cost Index in Sammamish is 111 versus 100 in the US. The higher rental cost can be attributed to many factors including the proximity to outdoor recreational attractions such as Lake Sammamish State Park, Trossachs Park & Lake Washington, and several shopping centers. Moreover, the excellent school district coupled with a high quality of life makes it an attractive destination for families.
There are several local companies managing rental properties around Sammamish such as Real Property Associates, LLC., Windermere Property Management Inc., PMI Seattle Metro and Jody Hurley Property Management. Other factors that affect rents include job opportunities & employment rate, housing supply & demand, taxes and public transportation accessibility. All these determinants together contribute to the rental prices in the area making it one of the more expensive places to live in Washington state.

Sammamish (zip 98074) has an unemployment rate of 4.1%. The US average is 6.0%.

Sammamish (zip 98074) 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 84.3%, which is higher than the US average of 33.5%.

Tax Rates for Sammamish (zip 98074)
- The Sales Tax Rate for Sammamish (zip 98074) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Sammamish (zip 98074) 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 Sammamish (zip 98074)
- The average income of a Sammamish (zip 98074) resident is $77,144 a year. The US average is $37,638 a year.
- The Median household income of a Sammamish (zip 98074) resident is $207,341 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySammamish, WashingtonUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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