Mount Vernon, VA is a great place to live. It has many local companies that can help prospective renters find their ideal home such as Real Property Management Northern Virginia, KW Metro Center, and HomeRiver Group Alexandria. The median 2 bedroom rent in Mount Vernon is $1,680 which is significantly higher than the US median of $1,430. The Grocery Cost Index in the area is also higher than the national average at 111 versus 100 across the US. This means that overall there is an increase in cost of living when compared to other places in America.
Mount Vernon has an unemployment rate of 4.6%. The US average is 6.0%.
Mount Vernon 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 Mount Vernon
- The Sales Tax Rate for Mount Vernon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Vernon 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 Mount Vernon
- The average income of a Mount Vernon resident is $54,789 a year. The US average is $28,555 a year.
- The Median household income of a Mount Vernon resident is $149,087 a year. The US average is $69,021 a year.