Remington, VA is a small town located in Fauquier County and is known for its friendly community and rural charm. Home to a population of just over 1,000 people, it is situated near several larger metropolitan areas like Fairfax and Washington D.C.. When it comes to housing and living expenses, Remington provides very affordable options with 2 bedroom rent being $1,180, as compared to the US average of $1,430. Additionally, the Grocery Cost Index is 107 versus 100 in the US - making food shopping more economical in Remington than in other parts of the country.
The local economy in Remington serves a range of businesses from small family owned stores to larger corporate retail chains. Some of the notable companies include The Valero gas station on Broadview Avenue; The Remington Country Market catering to grocery needs; Carter’s Florist providing flower arrangements since 1982; Castle’s Auto Repair providing car services since 1972; and Taylor's Paint & Hardware offering painting supplies for nearly 50 years. All these businesses together form an essential part of life in Remington by creating jobs and helping contribute to its economy.
Remington has an unemployment rate of 3.9%. The US average is 6.0%.
Remington 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 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Remington
- The Sales Tax Rate for Remington is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Remington 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 Remington
- The average income of a Remington resident is $32,735 a year. The US average is $37,638 a year.
- The Median household income of a Remington resident is $55,592 a year. The US average is $69,021 a year.