Falls Church City County, VA Economy


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United States / Virginia / / Falls Church City County / Cities / Zip Codes
Falls Church City, located in Virginia County, is a great place to live. The cost of living, including the two bedroom rent which is $1,840, is slightly higher than the national average ($1,430). Groceries are also more expensive in Falls Church City with an index of 117 versus the national average of 100. \nKnown as a suburb of Washington D.C., Falls Church City features numerous local companies such as Amazon Web Services and Capital One. The area also boasts several historic landmarks like Cherry Hill Farmhouse and Dominion Hills Park & Pool. With its convenient location and city amenities, Falls Church City offers something for everyone.

Falls Church City County has an unemployment rate of 3.4%. The US average is 6.0%.

Falls Church City County has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 39.7%, which is higher than the US average of 33.5%.

Tax Rates for Falls Church City County
- The Sales Tax Rate for Falls Church City County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Falls Church City County 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 Falls Church City County
- The average income of a Falls Church City County resident is $59,861 a year. The US average is $28,555 a year.
- The Median household income of a Falls Church City County resident is $155,071 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFalls Church City, VirginiaUnited States
  3.46
  -5.3%-6.2%
  39.7%33.5%
  6.0%6.2%
  5.8%4.6%
  $76,354$37,638
  $155,071$69,021
  $187,303$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.8%6.8%
  1.5%10.0%
  0.5%2.5%
  5.4%11.0%
  2.3%4.8%
  0.2%0.8%
  1.7%1.9%
  4.2%4.7%
  1.8%1.9%
  27.2%7.6%
  0.4%0.1%
  2.8%4.2%
  9.9%9.3%
  10.7%14.0%
  2.5%2.1%
  6.0%7.0%
  5.7%4.8%
  15.3%4.7%
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