Sovereign

Seattle Market Data

Explore compensation benchmarks, tax liabilities, and cost of living adjustments for professionals in Seattle.

About Seattle

A premier cloud computing hub with no state income tax, housing giants like Amazon and Microsoft.

Seattle represents a primary financial and business hubin United States, attracting professionals from around the world. The city's strategic location, business-friendly environment, and quality of life make it an attractive destination for career growth and wealth accumulation.

Key Market Indicators

Cost of Living
91

Index score (100 = global average)

Rent Index
50

Housing cost indicator

Median Income
$78,500

Estimated professional median

Tax System in United States

The United States employs a progressive federal tax system, with additional state and local taxes varying significantly by jurisdiction. Social Security and Medicare taxes are mandatory deductions.

Example Calculation

For a professional earning $78,500 annually in Seattle:

Gross Income
$78,500
Net Income
$62,964
Tax Rate
19.8%
Monthly Take-Home
$5,247

Popular Salary Benchmarks

Explore compensation data for key roles in Seattle

View All

Compare with Similar Markets

Frequently Asked Questions

What is the cost of living in Seattle?
Seattle has a cost of living index of 91 and a rent index of 50, making it one of the more expensive cities globally. Housing costs are manageable relative to other major cities.
How does the tax system work in United States?
The United States employs a progressive federal tax system, with additional state and local taxes varying significantly by jurisdiction. Social Security and Medicare taxes are mandatory deductions.
What is a good salary in Seattle?
For professionals in Seattle, we estimate the median income at approximately $78,500. A salary above this level provides comfortable living standards, while salaries significantly below may require careful budgeting, especially for housing in prime districts.
What industries are strongest in Seattle?
Seattle is a major business hub with strong presence across multiple sectors. The city's status as a financial and technology center attracts professionals from various industries, with particularly strong opportunities in finance, technology, and professional services.