Zip 98388 (Steilacoom, WA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Steilacoom, WA (zip code 98388) is an affluent town located about 10 miles south of Tacoma in Pierce County. The two bedroom rent in this area is higher than the US average at $1,460 per month. Additionally, the grocery cost index here is 102 versus 100 in the US. Local companies such as Steilacoom Garden Center and Steilacoom Marine are popular businesses that serve the local community. Both of these establishments offer quality services at competitive prices and have built a solid reputation for themselves over the years. Furthermore, Steilacoom Brewing Company has been around since 2012 and serves a wide variety of beers to its diverse customer base. These establishments coupled with other local businesses provide residents with a great selection of goods and services that make living in this area a pleasure.

Steilacoom (zip 98388) has an unemployment rate of 6.8%. The US average is 6.0%.

Steilacoom (zip 98388) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.

Tax Rates for Steilacoom (zip 98388)
- The Sales Tax Rate for Steilacoom (zip 98388) is 9.9%. The US average is 7.3%.
- The Income Tax Rate for Steilacoom (zip 98388) 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 Steilacoom (zip 98388)
- The average income of a Steilacoom (zip 98388) resident is $34,130 a year. The US average is $28,555 a year.
- The Median household income of a Steilacoom (zip 98388) resident is $95,316 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySteilacoom, WashingtonUnited States
  6.86
  -2.9%-6.2%
  41.3%33.5%
  9.9%6.2%
  0.0%4.6%
  $41,560$37,638
  $95,316$69,021
  $112,802$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.9%6.8%
  5.3%10.0%
  1.7%2.5%
  13.9%11.0%
  4.8%4.8%
  2.1%0.8%
  1.2%1.9%
  4.8%4.7%
  0.3%1.9%
  6.2%7.6%
  0.0%0.1%
  3.6%4.2%
  7.6%9.3%
  16.6%14.0%
  4.0%2.1%
  6.1%7.0%
  4.6%4.8%
  11.0%4.7%
Health