Seattle, WA — income, home value, property tax, and sales tax.
In Seattle's 98121, homes carry a median value of $848,400, and the county's 0.83% effective property tax rate yields an annual bill near $7,040. Households here report a median income of $152,019, with per-capita income at $125,577, so that tax equals roughly 4.6% of typical household earnings. High property values and strong incomes coexist, yet buyers still absorb a combined 10.55% sales tax on purchases. The gap between per-capita and median household figures hints at varied living arrangements, from single earners to larger households, each weighing ownership costs against what the area pays.
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