Zip 98119 (Seattle, WA) Economy


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Seattle is an exciting city located in the state of Washington. It has a population of approximately 730,000 people and its 2 Bedroom Rent rates are around $2,420. This is significantly higher than the US average of $1,430. Moreover, Seattleā€™s Grocery Cost Index rating is 111 compared to the US cost index rating of 100, making it slightly more expensive to buy groceries here.
As one of the most populated cities in Washington State, Seattle attracts many businesses. Major companies based out of Seattle include Amazon, Microsoft, Starbucks Coffee Company, Boeing and Nordstrom. These large corporations have created thousands of jobs for local residents and have been integral in driving the economy here.

Seattle (zip 98119) has an unemployment rate of 4.8%. The US average is 6.0%.

Seattle (zip 98119) 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 98119)
- The Sales Tax Rate for Seattle (zip 98119) is 10.1%. The US average is 7.3%.
- The Income Tax Rate for Seattle (zip 98119) 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 98119)
- The average income of a Seattle (zip 98119) resident is $59,680 a year. The US average is $28,555 a year.
- The Median household income of a Seattle (zip 98119) resident is $106,245 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySeattle, WashingtonUnited States
  4.86
  -5.2%-6.2%
  43.8%33.5%
  10.1%6.2%
  0.0%4.6%
  $84,553$37,638
  $106,245$69,021
  $208,243$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  2.0%6.8%
  6.2%10.0%
  2.2%2.5%
  12.5%11.0%
  2.2%4.8%
  0.2%0.8%
  5.2%1.9%
  4.7%4.7%
  3.1%1.9%
  22.2%7.6%
  0.3%0.1%
  3.2%4.2%
  6.5%9.3%
  10.8%14.0%
  3.2%2.1%
  7.9%7.0%
  4.4%4.8%
  2.8%4.7%
Reviews for Seattle
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Over 17 years ago

there's no better place in July and  More

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