Falls Church, VA is a small city located in the state of Virginia offering a variety of local businesses and amenities. The cost of living in Falls Church is slightly higher than the national average, with a two bedroom rental costing approximately $2,110 and the grocery cost index being 116 compared to the US at 100. Home to notable companies such as Insight Global, ECS Federal, Inc., and Amazon Web Services, Falls Church has experienced an influx of business opportunities over recent years. With its convenient access to Washington D.C., Falls Church provides a great balance between city and suburban life allowing for increased career growth as well as family-oriented living.
Falls Church has an unemployment rate of 3.4%. The US average is 6.0%.
Falls Church 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 39.7%, which is higher than the US average of 33.5%.
Tax Rates for Falls Church
- The Sales Tax Rate for Falls Church is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Falls Church 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 Falls Church
- The average income of a Falls Church resident is $59,861 a year. The US average is $28,555 a year.
- The Median household income of a Falls Church resident is $155,071 a year. The US average is $69,021 a year.