Bon Air, VA Economy


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Bon Air, Virginia is a beautiful suburb of Richmond with plenty of local amenities. Located in Chesterfield County, Bon Air is home to several thriving businesses such as the Bon Air Shopping Center, Bellwood Gardens, and Gemini Ink. The cost of living in Bon Air is slightly higher than the national average; for example, rent on a two-bedroom apartment averages $1,580 per month compared to $1,430 nationally. However, groceries are slightly cheaper in Bon Air as the Grocery Cost Index for the region is 99 versus 100 in the US. Overall, life in Bon Air offers many benefits that more than make up for its higher cost of living.

Bon Air has an unemployment rate of 4.8%. The US average is 6.0%.

Bon Air has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Bon Air
- The Sales Tax Rate for Bon Air is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Bon Air 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 Bon Air
- The average income of a Bon Air resident is $31,906 a year. The US average is $28,555 a year.
- The Median household income of a Bon Air resident is $89,019 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBon Air, VirginiaUnited States
  4.86
  -5.6%-6.2%
  37.5%33.5%
  5.3%6.2%
  5.8%4.6%
  $40,613$37,638
  $89,019$69,021
  $110,866$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.9%6.8%
  5.2%10.0%
  2.0%2.5%
  8.9%11.0%
  3.7%4.8%
  2.0%0.8%
  3.4%1.9%
  5.1%4.7%
  1.9%1.9%
  9.2%7.6%
  0.1%0.1%
  1.7%4.2%
  9.8%9.3%
  19.4%14.0%
  2.3%2.1%
  6.3%7.0%
  4.9%4.8%
  8.2%4.7%
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