Quantico, Virginia is a small town located near the mouth of the Potomac River. It has a unique history and culture influenced by both its proximity to Washington D.C., as well as its location on the Chesapeake Bay. The area supports a variety of local businesses such as restaurants, banks, retailers, and commuter services. Rent for two bedroom apartments in Quantico is typically around $1,860 which is more expensive than the national average of $1,430. Similarly, the Grocery Cost Index in Quantico is 106 versus 100 in the US meaning groceries are slightly more expensive here than elsewhere in America. This reflects how desirable this area is for those looking for work opportunities or an easy commute to nearby cities like Washington D.C.. With its close proximity to historic sites and cultural attractions, it’s no surprise that Quantico offers a higher quality of living at a higher price tag than other places in America.
Quantico has an unemployment rate of 5.2%. The US average is 6.0%.
Quantico 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 Quantico
- The Sales Tax Rate for Quantico is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Quantico 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 Quantico
- The average income of a Quantico resident is $34,771 a year. The US average is $28,555 a year.
- The Median household income of a Quantico resident is $47,048 a year. The US average is $69,021 a year.