Boyce, VA Economy


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Boyce, Virginia is an incredibly attractive city to live in. It offers affordable housing with the 2 Bedroom Rent being $1,320 compared to the US average of $1,430. It also has a low grocery cost index at 108 versus 100 in the US. Boyce is home to some popular companies such as The Mclaughlin Company and Smith-Reynolds Airport. It also offers plenty of attractions for locals and visitors alike such as the Algonkian Regional Park and Regal Fox Cinema Centreville 12. With its affordability and range of local businesses and attractions, it's no wonder so many people choose to make their home in Boyce, VA.

Boyce has an unemployment rate of 3.9%. The US average is 6.0%.

Boyce has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is lower than the US average of 33.5%.

Tax Rates for Boyce
- The Sales Tax Rate for Boyce is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Boyce 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 Boyce
- The average income of a Boyce resident is $26,958 a year. The US average is $28,555 a year.
- The Median household income of a Boyce resident is $97,768 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoyce, VirginiaUnited States
  3.96
  -5.0%-6.2%
  33.5%33.5%
  5.3%6.2%
  5.8%4.6%
  $40,649$37,638
  $97,768$69,021
  $126,591$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  10.3%6.8%
  7.6%10.0%
  2.1%2.5%
  9.2%11.0%
  1.6%4.8%
  0.0%0.8%
  0.7%1.9%
  2.1%4.7%
  2.3%1.9%
  15.1%7.6%
  0.0%0.1%
  4.8%4.2%
  17.6%9.3%
  4.1%14.0%
  0.9%2.1%
  9.4%7.0%
  6.2%4.8%
  5.7%4.7%
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