Seattle, WA 98101 is an expensive area to rent a two bedroom apartment for at $3,030 per month. The US average for a two bedroom apartment is $1,430. Grocery costs are also significantly higher in this area with a grocery cost index of 107 compared to the US index of 100. Despite these high costs, Seattle offers numerous opportunities for businesses and jobs which can help offset the expensive rents and grocery bills. Local companies like Amazon, Microsoft, T-Mobile, Starbucks and Nordstrom are just some of the well-known companies located in Seattle. For those looking to save money while living in this area there are many options such as taking public transportation which is often cheaper than driving your own car; using coupons or loyalty programs; and taking advantage of happy hour specials at local restaurants when available.
Seattle (zip 98101) has an unemployment rate of 4.8%. The US average is 6.0%.
Seattle (zip 98101) 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 43.8%, which is higher than the US average of 33.5%.
Tax Rates for Seattle (zip 98101)
- The Sales Tax Rate for Seattle (zip 98101) is 10.1%. The US average is 7.3%.
- The Income Tax Rate for Seattle (zip 98101) 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 Seattle (zip 98101)
- The average income of a Seattle (zip 98101) resident is $62,253 a year. The US average is $28,555 a year.
- The Median household income of a Seattle (zip 98101) resident is $96,893 a year. The US average is $69,021 a year.