Seattle, WA — income, home value, property tax, and sales tax.
In ZIP code 98109, part of Seattle, median household income of $133,663 and per-capita income of $117,676 accompany a median home value of $1,034,100. King County's 0.83% effective property tax rate works out to roughly $8,600 annually on that median value — a substantial sum, yet one that earning power here can absorb more readily than in places where wages lag behind housing costs. Sales tax adds 10.55% at checkout. High home values and high incomes move together in this ZIP, so the property tax load, while large in dollars, stays proportionate to what households bring in.
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