Zip 98053 (Union Hill-Novelty Hill, WA) Economy


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98053 Union Hill-Novelty Hill, WA is an excellent place to live with its close proximity to Seattle and the beautiful natural surroundings of the Cascade Mountains. With a 2 bedroom rent of $2,850, this community offers moderate prices for those looking for a place to call home. The Grocery Cost Index is also slightly higher than the national average at 110 versus 100 in the US, though it’s not by much. Local companies and services in Union Hill-Novelty Hill include the Novelty Hill-Januik Winery, Piccola Cellars, Red Cedar Spirits Distillery & Tasting Room, Redmond Town Center Shopping Mall & Cinemas, Ballard Market, and Overlake Medical Center. There are also several excellent restaurants to choose from such as Madrina's Bar & Grill , Musashi's Japanese Steak House, and Pomegranate Bistro.

Union Hill-Novelty Hill (zip 98053) has an unemployment rate of 5.4%. The US average is 6.0%.

Union Hill-Novelty Hill (zip 98053) 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 40.5%, which is higher than the US average of 33.5%.

Tax Rates for Union Hill-Novelty Hill (zip 98053)
- The Sales Tax Rate for Union Hill-Novelty Hill (zip 98053) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Union Hill-Novelty Hill (zip 98053) 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 Union Hill-Novelty Hill (zip 98053)
- The average income of a Union Hill-Novelty Hill (zip 98053) resident is $56,726 a year. The US average is $28,555 a year.
- The Median household income of a Union Hill-Novelty Hill (zip 98053) resident is $160,208 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUnion Hill-Novelty Hill, WashingtonUnited States
  5.46
  -5.2%-6.2%
  40.5%33.5%
  8.6%6.2%
  0.0%4.6%
  $85,266$37,638
  $160,208$69,021
  $198,901$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  3.3%6.8%
  8.0%10.0%
  1.9%2.5%
  11.3%11.0%
  2.1%4.8%
  0.9%0.8%
  7.1%1.9%
  2.8%4.7%
  3.7%1.9%
  34.5%7.6%
  0.2%0.1%
  1.7%4.2%
  7.4%9.3%
  7.2%14.0%
  1.2%2.1%
  2.2%7.0%
  2.1%4.8%
  2.0%4.7%
Reviews for Union Hill-Novelty Hill
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Over 16 years ago

I live in Trilogy (over 50-ish) community. It's beautiful and I like having a clubhouse and like the ability to walk to the grocery store and restaurants (though I  More

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