Idylwood, VA is a quaint town located near Washington D.C. It has a low cost of living, with 2 Bedroom Rent in Idylwood being $2,130, which is lower than the US average rent of $1,430. Additionally, the Grocery Cost Index in Idylwood is 116 compared to 100 in the US. This means that groceries are more expensive than the national average but still relatively inexpensive. The town has many local businesses such as banks, restaurants, and grocery stores that serve its population. Overall, Idylwood is an affordable place to live with plenty of amenities for its residents to enjoy.
Idylwood has an unemployment rate of 4.6%. The US average is 6.0%.
Idylwood has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Idylwood
- The Sales Tax Rate for Idylwood is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Idylwood 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 Idylwood
- The average income of a Idylwood resident is $46,011 a year. The US average is $28,555 a year.
- The Median household income of a Idylwood resident is $107,358 a year. The US average is $69,021 a year.