Lake Caroline, VA is a beautiful town with plenty of opportunities for its residents. It's known for its calm atmosphere and its impressive array of amenities, including a variety of restaurants, shops, and entertainment venues. The town also boasts two highly ranked schools, Lake Caroline Elementary and Lake Caroline High School. Renters looking to move to the area can find two-bedroom apartments at an affordable rate of $1,460 per month. Grocery costs are slightly lower than the US average index of 100 at 97. There are many local businesses that call Lake Caroline home including a grocery store, health clinic, hardware store, gas station and more. Residents enjoy spending time outdoors in one of the many parks or taking advantage of nearby lakes and rivers for fishing and swimming. With so much to offer its residents, it's no wonder why so many people choose to call Lake Caroline home.
Lake Caroline has an unemployment rate of 5.9%. The US average is 6.0%.
Lake Caroline has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Lake Caroline
- The Sales Tax Rate for Lake Caroline is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Lake Caroline 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 Lake Caroline
- The average income of a Lake Caroline resident is $31,638 a year. The US average is $28,555 a year.
- The Median household income of a Lake Caroline resident is $67,768 a year. The US average is $69,021 a year.