Salary & Cost of Living in Lynnwood, WA
Lynnwood, WA: $60,863 median salary, cost of living index 109.2, $16.28/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$60,863
$29/hr
Cost of Living
109.2
US avg = 100
Minimum Wage
$16.28
per hour
Unemployment
3.7%
rate
Lynnwood, WA Overview
Population
41,103
Median Salary
$60,863
Average Salary
$68,167
Avg Commute
17 min
Median Home Price
$472,000
Median Rent
$1,909/mo
Job Growth
+2.6%
Sales Tax
6.5%
Lynnwood is located in Washington with a population of 41,103. The median household salary is $60,863 per year ($29/hour), which is $1,479 above the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +2.6%.
Lynnwood Salary by Experience Level (2026)
Wage distribution in Lynnwood, WA based on BLS percentile breakdown of the $60,863 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $37,735 | $18.14/hr | 0–2 years |
| Mid-Level (Median) | $60,863 | $29.26/hr | 3–7 years |
| Senior-Level | $86,425 | $41.55/hr | 8–15 years |
| Top 10% (90th Percentile) | $108,336 | $52.08/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Lynnwood Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Lynnwood, WA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$50,942
$4,245.16/month · $1,959.30/biweekly · Effective Rate: 16.3%
Gross Pay
$60,863
Federal Tax
-$5,265
State Tax
$0
Local Tax
$0
FICA
-$4,656
Net Pay
$50,942
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,071.92 | $60,863.00 |
| Federal Income Tax | -$438.75 | -$5,265.06 |
| Washington State Tax (0%) | $0.00 | $0.00 |
| Social Security (6.2%) | -$314.46 | -$3,773.51 |
| Medicare (1.45%) | -$73.54 | -$882.51 |
| Net Take-Home Pay | $4,245.16 | $50,941.92 |
Salary Comparison: Lynnwood vs Other Cities
See how Lynnwood's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Lynnwood, WA | $60,863 | 109.2 | $55,735 |
| National Average | $59,384 | 100 | $59,384 |
| Bremerton, WA | $60,870 | 116.1 | $52,429 |
| Edina, MN | $60,890 | 94.7 | $64,298 |
| Reston, VA | $60,823 | 102 | $59,630 |
| Petaluma, CA | $60,905 | 149.1 | $40,848 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Lynnwood
Lynnwood's cost of living index is 109.2 (national average = 100). Living in Lynnwood is 9.200000000000003% more expensive than the national average.
Median Home Price
$472,000
Median Monthly Rent
$1,909
Annual Rent Cost
$22,908
Your Salary's Purchasing Power
Your $50,942 annual take-home pay in Lynnwood has the purchasing power of approximately $46,650 in an average-cost US area. You would need to earn $66,462 in Lynnwood to match a $60,863 salary in an average-cost city.
Top Industries in Lynnwood
Lynnwood's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $60,863.
Salary Tips for Lynnwood Workers
- No state income tax advantage. Washington has no state income tax, which means more of your paycheck stays in your pocket. Invest the savings in a Roth IRA or 401(k) for long-term growth.
- Research top industries. Lynnwood's top industries include Technology, Aerospace, Agriculture. Targeting roles in these sectors can help you earn above the $60,863 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Lynnwood, WA?
The median salary in Lynnwood, WA is $60,863 per year, or $29 per hour. The average salary is $68,167. This is $1,479 above the national median of $59,384.
What is the cost of living in Lynnwood, WA?
Lynnwood's cost of living index is 109.2 (national average = 100), meaning it is 9.200000000000003% more expensive compared to the national average. The median home price is $472,000 and the median monthly rent is $1,909.
What are the best industries in Lynnwood?
The top industries in Lynnwood, WA include Technology, Aerospace, Agriculture. The city has a job growth rate of 2.6% and an unemployment rate of 3.7%. Workers in these industries often earn above the city's median salary of $60,863.
How does Lynnwood's salary compare to other cities?
Lynnwood's median salary of $60,863 is 2.5% above the national median of $59,384. However, when adjusted for cost of living (index: 109.2), the real purchasing power is approximately $55,735.
What is the minimum wage in Lynnwood, WA?
The minimum wage in Lynnwood, WA is $16.28 per hour. This equals approximately $33,862 per year for a full-time worker (40 hours/week). This is $9.03 above the federal minimum wage of $7.25/hour.