Sequim, WA Economy


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Sequim, WA is a vibrant small city located in western Washington. It has all the benefits of living in a big city, but with the community atmosphere of a small town. The median 2 bedroom rent is $1,260 compared to the national average of $1,430. The grocery cost index also reflects an advantage for Sequim residents with 102 versus 100 nationally. This makes Sequim an attractive and affordable place to live.
Local businesses are thriving in this pleasant and relaxed environment. There are numerous opportunities for entrepreneurs from retail shops and restaurants to tech startups and professional services firms. Among local companies that stand out for their success are Dungeness Valley Creamery, Peninsula Wilderness Services, Sequim Lavender Farms, Altaire Pharmaceuticals, Get Clean NW Carpet Cleaning & Upholstery Care and Accelerated Web Solutions. All offer unique services or products to customers throughout the region while providing great job opportunities to locals as well.

Sequim has an unemployment rate of 7.4%. The US average is 6.0%.

Sequim has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Sequim
- The Sales Tax Rate for Sequim is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Sequim is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Sequim
- The average income of a Sequim resident is $30,233 a year. The US average is $37,638 a year.
- The Median household income of a Sequim resident is $41,571 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySequim, WashingtonUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Sequim
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Over 1 years ago

This town is as close to perfect as you can get. It has all of the beauty of Washington state with a fraction of the rainfall thanks to the rain shadow effect of the  More

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Over 2 years ago

I moved to Sequim in 2013. Being here for the last 10 years I have seen a lot of changes. It is not for the better. As a 38 year old single mother to a teenage boy, I  More

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Take note of all the recent positive remarks about Sequim. Most all are either realtors, business owners, or local tribal members who own and dictate to this entire  More

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