Seattle, WA — income, home value, property tax, and sales tax.
Households in ZIP code 98024, near Seattle, report a median income of $160,641, with per-capita income at $79,718. Homes here carry a median value of $1,107,100, and the county-level effective property tax rate is 0.83%. Combined with a 6.50% sales tax, the two levies shape the overall cost picture: property taxes scale with the high home values, while the sales tax applies to everyday purchases. Strong earnings provide substantial capacity to absorb these costs, though the steep housing market means ownership demands significant capital.
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