Mechanicsville, VA is an affordable place to live in comparison to the US. Residents can expect a two bedroom rental at $1,480 monthly versus $1,430 nationally. The Grocery Cost Index for Mechanicsville is also on par with the US average of 100. Popular companies in the community are Walmart Supercenter, Lowe’s Home Improvement, Giant Food Stores and Kmart. There are plenty of job opportunities in Mechanicsville making it an ideal place to live for those looking for economic stability. It is a vibrant location with plenty of amenities and activities available both for families and individuals.
Mechanicsville has an unemployment rate of 3.9%. The US average is 6.0%.
Mechanicsville 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 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Mechanicsville
- The Sales Tax Rate for Mechanicsville is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Mechanicsville 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 Mechanicsville
- The average income of a Mechanicsville resident is $31,605 a year. The US average is $28,555 a year.
- The Median household income of a Mechanicsville resident is $84,833 a year. The US average is $69,021 a year.