Seattle, WA — income, home value, property tax, and sales tax.
In ZIP code 98053, near Seattle, homes carry a median value of $1,213,600, and the county-level effective property tax rate of 0.83% works out to roughly $10,073 a year. Households here earn a median of $192,292, so that tax bill consumes about 5.2% of annual income. Per-capita income reaches $99,820. A combined sales tax of 10.40% adds to everyday costs. High earnings help offset the steep price of entry, but the sheer size of a mortgage plus property taxes keeps affordability tight.
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