Riverview, VA is a wonderful city located in the heart of Virginia. It is a great place to live due to its close proximity to Washington D.C. and other major cities in Virginia. With an average rental rate of $800 for two bedroom apartments, Riverview is a very affordable place to live compared to the US average of $1,430 for the same size apartment. Additionally, grocery costs index in Riverview is 93 compared to 100 in the US - making it quite affordable as well.
The city also has many job opportunities with local companies such as Micron Technology, Bank of America, Volkswagen Group of America and Amazon just to name a few. The business environment is strong and growing with many global companies having opened offices in Riverview over the last few years. The overall cost of living in Riverview is very reasonable and makes it an attractive option for those looking for affordability with easy access to major cities within Virginia and Washington D.C..
Riverview has an unemployment rate of 6.7%. The US average is 6.0%.
Riverview has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 9.9%, which is lower than the US average of 33.5%.
Tax Rates for Riverview
- The Sales Tax Rate for Riverview is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Riverview 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 Riverview
- The average income of a Riverview resident is $21,088 a year. The US average is $28,555 a year.
- The Median household income of a Riverview resident is $44,309 a year. The US average is $69,021 a year.