Lincolnia, VA Economy


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Lincolnia, VA is a charming town located in Virginia that is becoming increasingly popular. With an average rent of $1,900 for 2 bedroom apartments and a grocery cost index of 112 versus the US average of 100, it's no surprise that people are flocking to this area. The town also boasts numerous local businesses including Lincolnia Bakery, Joe's Hardware Store, and Allen's Cafe. These companies provide goods and services to the local community while offering employment opportunities. With its affordable living costs and wide range of amenities and services, Lincolnia is quickly becoming one of the most sought-after towns in Virginia.

Lincolnia has an unemployment rate of 4.6%. The US average is 6.0%.

Lincolnia 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 Lincolnia
- The Sales Tax Rate for Lincolnia is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lincolnia 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 Lincolnia
- The average income of a Lincolnia resident is $39,248 a year. The US average is $28,555 a year.
- The Median household income of a Lincolnia resident is $107,508 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincolnia, VirginiaUnited States
  4.66
  -5.3%-6.2%
  36.7%33.5%
  6.0%6.2%
  5.8%4.6%
  $50,992$37,638
  $107,508$69,021
  $104,410$85,028
  Population by Occupation
  0.3%1.2%
  0.2%0.5%
  6.9%6.8%
  2.0%10.0%
  1.7%2.5%
  8.8%11.0%
  4.3%4.8%
  0.5%0.8%
  1.8%1.9%
  2.3%4.7%
  2.4%1.9%
  17.5%7.6%
  0.3%0.1%
  7.8%4.2%
  8.1%9.3%
  11.7%14.0%
  2.1%2.1%
  5.3%7.0%
  5.9%4.8%
  10.1%4.7%
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