Seattle, WA — income, home value, property tax, and sales tax.
In ZIP code 98004, near Seattle, households earn a median of $182,545, with per-capita income at $132,758. The median home value reaches $2,000,001, and the county-level effective property tax rate is 0.83%, which on such a home works out to a substantial annual bill. Sales tax combines to 10.30%, adding cost to everyday purchases. Together these figures describe an area where high earnings accompany steep housing prices and elevated consumption taxes, so the overall expense load stays heavy even on strong incomes.
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