Ravensworth, VA is an affluent suburban neighborhood located in northern Virginia. It offers excellent schools, a low crime rate, and plenty of outdoor spaces for recreation. The average rent for a two bedroom apartment in Ravensworth is $2,330, almost double the average rent for a two bedroom apartment in the US which is $1,430. On top of that, groceries here have a higher cost index than the US with an index rating of 113 versus 100 in the US. Major local companies include Northrop Grumman Corporation and S-3 Group LLC. All in all, Ravensworth has a high cost of living compared to other parts of the country but it comes with excellent amenities that make it worth considering as home.
Ravensworth has an unemployment rate of 4.6%. The US average is 6.0%.
Ravensworth 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 Ravensworth
- The Sales Tax Rate for Ravensworth is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ravensworth 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 Ravensworth
- The average income of a Ravensworth resident is $32,820 a year. The US average is $28,555 a year.
- The Median household income of a Ravensworth resident is $142,539 a year. The US average is $69,021 a year.