Spotsylvania Courthouse, VA Economy


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Spotsylvania Courthouse, VA is a small town located in Virginia. It is known for its rich history and natural beauty. The area has seen an increase in population recently due to its close proximity to Washington DC, multiple military bases, and other job opportunities. \nLocal companies such as Spotsylvania Regional Medical Center, Spotsylvania County Public Schools, and Dominion Energy are popular employers in the area. The cost of living in Spotsylvania Courthouse, VA is slightly higher than the US average; the median 2 bedroom rent is $1,510 compared to $1,430 nationally and the Grocery Cost Index is 107 versus 100 nationally. All this makes it a desirable place to live for those looking to take advantage of all that the area has to offer.

Spotsylvania Courthouse has an unemployment rate of 5.0%. The US average is 6.0%.

Spotsylvania Courthouse has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Spotsylvania Courthouse
- The Sales Tax Rate for Spotsylvania Courthouse is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Spotsylvania Courthouse 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 Spotsylvania Courthouse
- The average income of a Spotsylvania Courthouse resident is $29,241 a year. The US average is $28,555 a year.
- The Median household income of a Spotsylvania Courthouse resident is $66,858 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpotsylvania Courthouse, VirginiaUnited States
  56
  -5.3%-6.2%
  38.8%33.5%
  5.3%6.2%
  5.8%4.6%
  $31,828$37,638
  $66,858$69,021
  $69,875$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.7%6.8%
  3.5%10.0%
  2.3%2.5%
  9.5%11.0%
  5.9%4.8%
  0.0%0.8%
  1.0%1.9%
  2.6%4.7%
  2.3%1.9%
  8.4%7.6%
  0.3%0.1%
  2.7%4.2%
  9.0%9.3%
  10.2%14.0%
  2.0%2.1%
  8.7%7.0%
  5.4%4.8%
  15.6%4.7%
Reviews for Spotsylvania Courthouse
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Over 5 years ago

My family has lived in Spotsylvania for 5 years, and we love it! It is part of the Washington-Baltimore metropolitan area. There is truly something for everyone here.  More

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Over 10 years ago

Rural area convenient to historic places such a George Washington's Farm and Civil War Battlefields. Halfway (about an hours drive) between Richmond, Va and Washington  More

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Originally from the North, we moved to Virginia in 1998. We first resided in Northern VA as renters, which I also liked, easy commute, plenty of things for county  More

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