Lorton, VA is a small suburb in northern Virginia. The rent for two bedroom apartments is $2,230, which is higher than the US average of $1,430. The cost of living in Lorton is slightly higher than the rest of the United States with a grocery cost index of 113 versus 100 nationally. Despite the higher costs, there are many benefits to living in Lorton—it's close to Washington D.C., and there are plentiful job opportunities at local companies such as Lockheed Martin and Navy Federal Credit Union. In addition to having a wealth of activities nearby in D.C., Lorton also has plenty to explore on its own including Mason Neck State Park and the Workhouse Arts Center.
Lorton has an unemployment rate of 4.6%. The US average is 6.0%.
Lorton 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 Lorton
- The Sales Tax Rate for Lorton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lorton 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 Lorton
- The average income of a Lorton resident is $37,487 a year. The US average is $28,555 a year.
- The Median household income of a Lorton resident is $120,000 a year. The US average is $69,021 a year.