Annandale, VA Economy


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Annandale, VA is a vibrant community located just outside of Washington, DC. The city has an abundance of amenities and attractions for its residents to enjoy including access to major businesses such as Amazon, Capital One, and Apple. Additionally, Annandale has a wide variety of local restaurants and shops that make it a great place to live. Furthermore, rent in the area is slightly higher than the national average at $1,930 per month for a two bedroom apartment or home; however, grocery cost index in the city is quite competitive at 114 versus 100 in the US. All in all, Annandale offers an excellent quality of life for those looking for a more suburban lifestyle near the nation's capital.

Annandale has an unemployment rate of 4.6%. The US average is 6.0%.

Annandale 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 Annandale
- The Sales Tax Rate for Annandale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Annandale 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 Annandale
- The average income of a Annandale resident is $33,899 a year. The US average is $28,555 a year.
- The Median household income of a Annandale resident is $106,620 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnnandale, VirginiaUnited States
  4.66
  -5.3%-6.2%
  36.7%33.5%
  6.0%6.2%
  5.8%4.6%
  $46,240$37,638
  $106,620$69,021
  $113,116$85,028
  Population by Occupation
  0.0%1.2%
  0.1%0.5%
  10.2%6.8%
  2.7%10.0%
  0.5%2.5%
  7.3%11.0%
  3.6%4.8%
  0.3%0.8%
  2.0%1.9%
  5.1%4.7%
  2.1%1.9%
  15.9%7.6%
  0.1%0.1%
  6.2%4.2%
  8.6%9.3%
  11.3%14.0%
  1.9%2.1%
  8.3%7.0%
  7.1%4.8%
  6.8%4.7%
Reviews for Annandale
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I've lived here for 3 years. This is by far one of my favorite cities in VA. There are plenty of food options within a 5 mile radius, ranging from Korean to All-American  More

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Over 16 years ago

We've lived in the Western part of Annandale for years now. Anyone considering a move here should understand a basic reality. It is that Annandale is not one place but  More

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Over 16 years ago

We've lived in Annandale for almost 20 years. It is a Washington DC suburb in northern Virginia. Overall, it is a nice place to live, although the cost of living  More

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