Seattle, WA — income, home value, property tax, and sales tax.
In ZIP code 98118, on Seattle's south side, households earn a median of $113,762, while per-capita income comes to $61,620. A median home value of $810,500 pairs with a county property tax rate of 0.83%, which works out to roughly $6,700 a year in taxes on such a home. Sales tax in the area totals 10.55%, so everyday purchases take a noticeable bite. With earnings well above the national median, many households here can absorb both the property tax bill and the higher checkout costs, though the combination still shapes how much is left for everything else.
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