Williamsburg, VA is a charming city located in the Hampton Roads region of Virginia. It's known for its colonial history, being the site of a number of notable historical sites such as Colonial Williamsburg and Jamestown Settlement. It's also home to many industries such as Anheuser-Busch InBev, Busch Gardens, and Sysco Foods. The city is served by two school districts: the Williamsburg-James City County Public Schools and the Virginia Beach City Public Schools. Residents enjoy an affordable 2 bedroom rent ($1,370 compared to the U.S. average of $1,430) and grocery costs that are about average (101 versus 100 in the U.S.). All these factors make Williamsburg, VA a great place to live and work!
Williamsburg has an unemployment rate of 6.4%. The US average is 6.0%.
Williamsburg has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Williamsburg
- The Sales Tax Rate for Williamsburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Williamsburg is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Williamsburg
- The average income of a Williamsburg resident is $23,686 a year. The US average is $28,555 a year.
- The Median household income of a Williamsburg resident is $65,297 a year. The US average is $69,021 a year.