What to consider when relocating to Seattle for the tech industry
Get help moving your finances when relocating to Seattle
If you’ve decided to move to Seattle for your new tech position, you can move your finances hassle-free with First Tech Federal Credit Union. First Tech specializes in serving the needs of the world's most forward-thinking tech industry employers in Seattle, including Amazon and Microsoft. First Tech’s Relocation Program can help you move your money quickly and easily. Learn more about First Tech’s Relocation Program.
Seattle is the second best city in the U.S. for tech industry jobs
Seattle is now one of the top two tech markets in the nation behind only San Francisco, according to CBRE’s annual Scoring Tech Talent report1. There are 136,910 tech jobs in Seattle, a 33% increase since 2011, and these jobs are well-paid with an average wage of $113,906. With an increase in the tech industry, there is an increase in the cost of living in Seattle but it still remains less expensive to live and work than the San Francisco area.
Major tech companies located in Seattle
Seattle is a city filled with big businesses and major companies. The major tech employers in the Seattle area are:
Things to consider when relocating to Seattle
Home prices
Wallingford, Central District, North Admiral and Fremont are some of the top areas to live in Seattle.
Seattle’s neighborhoods are distinct; each has its own personality and culture. Price ranges for homes, condos and apartments to buy and rent vary. Research to learn what best fits your lifestyle and budget.
How to commute in Seattle
Seattle has a full public transportation system consisting of light rail, buses, monorail, streetcars, Sounder trains, ferries and water taxis. Depending on where you live and work, bicycling or walking around the city can be an option for you as well.
If your home is not located near public transportation, you can also buy a vehicle starting around $10,000. Local auto dealerships can be the best resource, and First Tech can assist in providing an auto loan when you arrive in Seattle. Make an informed decision before your purchase by using the First Tech Auto Loan Calculators.
Seattle taxes
No matter where you live in the state of Washington, you will pay state and federal taxes but you don’t have to pay state income tax.
Sales tax in Seattle is 9.6% and is added to most goods and services. Generally, the price you see on an item does not include sales tax.
If you own your home, you will be subject to property tax based on the area in which you live and the size of the property.
Prepare your finances before you arrive
If you’ve decided to move to Seattle for your new tech position, move your finances hassle-free with First Tech Federal Credit Union. First Tech specializes in serving the needs of the world's most forward-thinking tech industry employers in Seattle, including Amazon and Microsoft. First Tech’s Relocation Program can help you move your money quickly and easily. Learn more about First Tech’s Relocation Program.
Why First Tech
It’s a good idea to understand how moving to a new city will impact your finances and your budget. Working with First Tech can help find a solution for all of your needs.
Benefits working with First Tech when relocating to Seattle:
- Hassle-free relocation program for your finances
- Special incentives for employees of certain tech industry companies
- Convenient online banking and support to access your money anytime, anywhere
- Competitive rates for personal, home, and auto loans
- Fast processing of applications
- A personal, local experience catered to you
Get started today with First Tech.