Haymarket, Virginia is a vibrant community located in the northern part of the state. It is home to many technology companies such as Amazon and Microsoft, as well as smaller local businesses such as Haymarket Beer Company, Haymaker High Tea & Coffee House, and Haymarket Art & Design Co. The cost of living in Haymarket is higher than the US average with a 2 bedroom rent for $2,810 versus $1,430 nationally. Similarly the grocery cost index also clocks in at 113 compared to 100 nationally. Despite these higher costs, Haymarket remains an attractive destination for those looking for convenient access to Northern Virginia's job opportunities while still enjoying small-town charm and outdoor recreation possibilities.
Haymarket has an unemployment rate of 5.2%. The US average is 6.0%.
Haymarket has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Haymarket
- The Sales Tax Rate for Haymarket is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Haymarket 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 Haymarket
- The average income of a Haymarket resident is $41,181 a year. The US average is $28,555 a year.
- The Median household income of a Haymarket resident is $133,750 a year. The US average is $69,021 a year.