Moving to Bellevue, WA: With its jaw-dropping views of both the Cascade and Olympic Mountains, Bellevue is French for “beautiful view,” and with good reason. Bellevue, located across the lake from Seattle and between Lake Washington and Lake Sammamish, is home to some of the country’s most popular tech companies, including Expedia, T-Mobile, PACCAR Inc, Symetra, and Valve Corporation.
Bellevue has once named the second-best place to live in the world by USA Today. Businesses and individuals migrate to Bellevue for a variety of reasons, including favorable business conditions, low local tax rates, and access to excellent outside-of-work activities such as hiking and boating.
Cougar Mountain Regional Wildland Park, on the southern outskirts of Bellevue, is a popular hiking destination for outdoor enthusiasts looking to escape to Douglas Fir forests with winding trails lined with lush ferns. Bellevue offers great schools, protection, friendly communities, and fantastic amenities in addition to stunning outdoor venues. Bellevue’s farm-to-fork restaurant scene is thriving, with options ranging from super-fresh seafood to haute cuisine to Asian fusion.
Bellevue is the third most populous city in the Seattle metropolitan area, with a population of 147,600 people. Unique neighborhoods, high quality of life, many new apartments and office buildings, high-end retail shopping, and trendy great restaurants occupy Bellevue’s 36.5 square miles of urban terrain.
Property tax: Bellevue is in Kings County. The average property tax rate in Kings County/Bellevue is 0.953%. Annual property tax on a $900,000 home would be $8,577. The average US property tax rate is 1.08%.
Sales tax: Washington’s sales tax is currently 6.5%, and Bellevue’s combined sales tax is 10%.
State income tax: Washington has no state income tax, which is why the sales taxes are higher.
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It’s no wonder that Bellevue has a high cost of living, with its exorbitant rental and housing costs. On the bestplaces.com cost of living index, the city has a cost of living of 231.7, compared to a national average of 100. Seattle, by contrast, has a population of 204 people. Austin is 130 years old. The high cost of living in Bellevue is mostly attributed to high housing (503.6), grocery (100.4), and transportation (148). Health, at 81.7, and Utilities, at 71, have lower costs than the average index.
According to the Family Budget Calculator of the Economic Policy Institute, a family of four in the Bellevue/Seattle metro area will require an annual salary of $97,142 to maintain a modest but sufficient quality of life.
The economy and job market in Bellevue and the Seattle metropolitan area continue to expand and prosper. Bellevue, Washington, hires 71,800 people and has a 3.4 percent unemployment rate. Professional, scientific and technological services, retail, healthcare, and social assistance are the city’s top industries.
According to data, the highest paying industries are information with a national average of $115,724. Enterprise and management company at $104,118 median average and $103, 159 for professionals, technical services, and scientific.
DataSphere Technologies, Smartsheet, Boeing, Microsoft, Symetra, Nordstrom, Apptio, T-Mobile, Eddie Bauer Microsoft, Google, Oracle, and eBay are the major employers in the area.
Online career boards such as LinkedIn, Indeed, Glassdoor, Monster, and JobsSearches.org are available to job seekers. Contract gigs are also popular in the Bellevue and Seattle areas, thanks to the abundance of rising tech companies. An executive recruiter is your best bet if you’re looking for a position at the executive level.
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