Glen Allen, VA Economy


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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.

Income by Population Percent

  EconomyGlen Allen, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Glen Allen
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Regardless of what review you read, no matter how much money you will save, it really does not count when you know that Virginia (a Commonwealth) believes they can stomp  More

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Over 15 years ago

Glen Allen is a wonderful city to live  More

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Over 16 years ago

we have lived here for almost 24 years and found the area to be a great place to live in general and to raiser the family. there are many things to do withon 20 miles  More

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