Seattle, WA — income, home value, property tax, and sales tax.
In ZIP code 98050, near Seattle, households earn an average of $94,581 per person, a strong income that shapes how housing and taxes fit into the budget. The median home value reaches $2,000,001, and the county-level property tax rate of 0.83% means owners pay a substantial sum each year on that valuation. Sales tax adds 6.50% to purchases. High earnings help offset these costs, though the combination of steep home prices and property taxes keeps housing the dominant expense for most households in this area.