Seattle, WA — income, home value, property tax, and sales tax.
ZIP code 98059, near Seattle, sits firmly in affluent territory. A median household income of $138,654 and per-capita income of $64,661 place it well above national norms, while a median home value of $872,000 reflects the steep prices common around that metro area. Property taxes run at an effective 0.83% county rate, which on such a home still amounts to a sizable annual bill. Add a combined sales tax of 10.50%, among the higher rates anywhere, and the cost of living here leans heavily on high earners.
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