Spokane County · Washington · West · 230k residents
Spokane, WA: economy, jobs & business costs
The site-selection read on Spokane: labor costs, talent, corporate tax, energy, and business activity, with the Washington median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,324/wk. Washington's corporate income tax rate is 0%. Commercial electricity averages 10.0¢/kWh.
Compare Spokane side by side
Avg. weekly wage
$1,324/wk
Corporate income tax
0%
Bachelor's degree or higher
33.9%
Commercial electricity
10.0¢/kWh
Economic momentum
How fast Spokane's economy is moving, ranked against the US cities we track.
36/100
Steady
Ranks Spokane's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $400,000 |
| Price per sq. ft. | $240 |
| Property tax rate | 0.9% |
| 1-bedroom rent | $1,200/mo |
| 2-bedroom rent | $1,450/mo |
| State & local income tax | 0% |
| Sales tax | 9% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,324/wk |
| Bachelor's degree or higher | 33.9% |
| Commercial electricity | 10.0¢/kWh |
| Businesses per 1k residents | 28.8/1k |
| Wage: Software developer | $130,690 |
| Wage: Registered nurse | $111,750 |
| Wage: General manager | $119,420 |
| Wage: Customer service | $46,790 |
| Wage: Warehouse worker | $40,510 |
| Wage: Heavy truck driver | $62,980 |
| Wage: Electrician | $79,830 |
| Wage: Retail salesperson | $36,880 |
| Cost of living index | 96 |
| Groceries index | 100 |
| Utilities | $165/mo |
| Transit pass | $60/mo |
| Gas price | $3.90/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,200/mo |
| Median household income | $60,000 |
| Unemployment rate | 4.6% |
| Population | 230k |
| Crime index | 58/100 |
| School rating | 5.5/10 |
| Walkability | 48/100 |
| Disaster risk | 90/100 |
| Avg. commute | 21 min |
| Sunny days / year | 171 days |
| July high | 84°F |
| January low | 25°F |
| Annual snowfall | 45 in |
| Home price YoY | -0.3% |
| Home price MoM | -0.5% |
| Rent YoY | +1.2% |
| Rent MoM | +0.4% |
| Employment (jobs) YoY | +0.3% |
| Building permits YoY | -47.6% |
| Ocean coast | 228 mi |
| Big lake | 30 mi |
| Mountains | 23 mi |
| Major airport | 5 mi |
| Ski resort | 62 mi |
Popular comparisons
Nearby
- Spokane Valley, WA · 106k
- Pullman, WA · 32k
- Moses Lake, WA · 26k
- Walla Walla, WA · 34k
- Pasco, WA · 80k
Similar size
- Tacoma, WA · 223k
- Vancouver, WA · 195k
- Bellevue, WA · 152k
- Kent, WA · 136k
- Everett, WA · 112k
Real listings in Spokane
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Spokane a good place to run a business?
- Washington's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,324/wk; commercial electricity averages 10.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Spokane, WA?
- Spokane indexes at 96 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,450/mo and a median home value of $400,000.
- How much does a house cost in Spokane?
- The median home value in Spokane is $400,000 (compiled estimate; individual listings vary).
- How much is rent in Spokane?
- A two-bedroom in Spokane rents for about $1,450/mo.