Kings Park, VA is a great place to live with plenty of local amenities available. Local companies offering various services include Kings Park Public Library, Kings Park Pharmacy, Kings Park IGA Market, and The Valley Vet. When it comes to rent prices in Kings Park, VA they are higher than the US average at $2,330 for a two bedroom apartment compared to $1,430 on a national level. The grocery cost index is also higher than the national index at 113 versus 100 in the US. Despite this difference in pricing when compared to other cities in Virginia, Kings Park is still an attractive place for residents due to its close proximity to Washington D.C., its lower state and local taxes, and its abundance of job opportunities within the area.
Kings Park has an unemployment rate of 4.6%. The US average is 6.0%.
Kings Park 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 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Kings Park
- The Sales Tax Rate for Kings Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kings Park 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 Kings Park
- The average income of a Kings Park resident is $39,196 a year. The US average is $28,555 a year.
- The Median household income of a Kings Park resident is $150,270 a year. The US average is $69,021 a year.