Glen Allen, VA is a beautiful city located in Virginia. It is known for its affordable living with two bedroom rent around $1,580 compared to the US average of $1,430. Moreover, it has great local businesses and shopping centers such as Walmart Supercenter, Sam's Club, Total Wine & More, Kroger and Whole Foods Market. Glen Allen is also home to many well-known company headquarters such as Altria Group Inc., CarMax Inc., Dominion Energy Inc., and Genworth Financial Inc. With its low cost of living and a wide selection of amenities and businesses, it is no wonder why so many people choose to make their home in Glen Allen.
Glen Allen has an unemployment rate of 5.2%. The US average is 6.0%.
Glen Allen has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Glen Allen
- The Sales Tax Rate for Glen Allen is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Glen Allen 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 Glen Allen
- The average income of a Glen Allen resident is $39,414 a year. The US average is $37,638 a year.
- The Median household income of a Glen Allen resident is $79,401 a year. The US average is $69,021 a year.