Charles City, VA is a charming city located in the heart of the Virginia's Historic Triangle. It is known for its quaint downtown area and beautiful scenery, making it an excellent place to live and work. The cost of living in Charles City is quite reasonable, with 2 bedroom rent averaging at $1,110 per month compared to the US average of $1,430. Additionally, Charles City has a Grocery Cost Index of 96 versus 100 in the US. Many local companies call Charles City home such as Martin’s Farm Market, The Simple Greek, and Cogan’s Downtown Deli. With its friendly locals and affordable cost of living, Charles City is a great place for anyone looking to settle down.
Charles City has an unemployment rate of 6.1%. The US average is 6.0%.
Charles City has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 31.8%, which is lower than the US average of 33.5%.
Tax Rates for Charles City
- The Sales Tax Rate for Charles City is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Charles City 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 Charles City
- The average income of a Charles City resident is $39,016 a year. The US average is $37,638 a year.
- The Median household income of a Charles City resident is $0 a year. The US average is $69,021 a year.