Gainesville, VA Economy


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Gainesville, VA is a desirable place to call home. The town offers great value for rent; the price of a two bedroom apartment is approximately $2,490, compared to the US average of $1,430. Additionally, the grocery cost index in Gainesville is 113 while the US average is 100. This suggests that groceries here are on par with most places in America. Local attractions include historic sites like Rippon Lodge and Bull Run Regional Park where visitors can take part in all kinds of outdoor activities including hiking and biking trails or birdwatching. For those wanting to explore local businesses, several acclaimed restaurants line Main Street such as San Antonio Bar & Grill and Vint Hill Craft Winery. With so much to offer, it’s no surprise that people flock to Gainesville every day.

Gainesville has an unemployment rate of 5.2%. The US average is 6.0%.

Gainesville 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 Gainesville
- The Sales Tax Rate for Gainesville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gainesville 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 Gainesville
- The average income of a Gainesville resident is $45,988 a year. The US average is $28,555 a year.
- The Median household income of a Gainesville resident is $150,487 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGainesville, VirginiaUnited States
  5.26
  -5.3%-6.2%
  38.8%33.5%
  6.0%6.2%
  5.8%4.6%
  $50,902$37,638
  $150,487$69,021
  $159,009$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  6.7%6.8%
  3.2%10.0%
  1.3%2.5%
  10.3%11.0%
  4.2%4.8%
  0.4%0.8%
  1.1%1.9%
  4.8%4.7%
  1.3%1.9%
  17.6%7.6%
  0.0%0.1%
  4.0%4.2%
  8.2%9.3%
  10.5%14.0%
  1.7%2.1%
  6.9%7.0%
  4.4%4.8%
  13.1%4.7%
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