Tekoa, Washington (99033) is a small city located in the heart of Spokane County. It has a population of 1,310 people according to the 2019 US Census. The median rent for a two-bedroom apartment in Tekoa is $940 per month which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Tekoa is 97 versus 100 nationally.
Tekoa is home to many local businesses such as First Street Grocery, Country Mercantile, Nu-Way Pharmacy, and Tekoa Pharmacy & Gifts. These businesses provide essential goods and services to local residents. Given its location on State Route 27 and its proximity to Spokane International Airport, Tekoa receives a lot of tourism from travelers exploring the great outdoors or attending events like Hoopfest or Bloomsday. Overall, Tekoa provides locals with low living costs and numerous business opportunities for entrepreneurs.
Tekoa (zip 99033) has an unemployment rate of 4.8%. The US average is 6.0%.
Tekoa (zip 99033) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Tekoa (zip 99033)
- The Sales Tax Rate for Tekoa (zip 99033) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Tekoa (zip 99033) 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 Tekoa (zip 99033)
- The average income of a Tekoa (zip 99033) resident is $23,570 a year. The US average is $28,555 a year.
- The Median household income of a Tekoa (zip 99033) resident is $53,214 a year. The US average is $69,021 a year.