Woodbridge, VA is a great place to live with plenty of local amenities. There are several large companies in the area such as Amazon, Home Depot, Walmart, and IKEA that offer great job opportunities. The cost of living in Woodbridge is slightly higher than the US average; the 2 bedroom rent is $1,790 compared to $1,430 nationally and the Grocery Cost Index is 108 versus 100 in the US. Despite these slightly higher costs, Woodbridge is a wonderful place to call home with its beautiful scenery and abundance of activities.
Woodbridge has an unemployment rate of 5.2%. The US average is 6.0%.
Woodbridge has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Woodbridge
- The Sales Tax Rate for Woodbridge is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Woodbridge 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 Woodbridge
- The average income of a Woodbridge resident is $47,052 a year. The US average is $28,555 a year.
- The Median household income of a Woodbridge resident is $80,820 a year. The US average is $69,021 a year.