Occoquan, VA is a small town located in Fairfax County with a population of 745 according to the latest census. The cost of living in Occoquan is higher than the US average, which includes 2 bedroom rent at $1,840 versus $1,430 in the US. Furthermore, grocery costs are indexed at 110 in Occoquan versus 100 in the US. As a result of its location near Washington D.C., there are many business opportunities in Occoquan such as local companies like Nando’s Restaurant and Norbel School Systems. Overall, Occoquan offers an idyllic suburban lifestyle with higher prices than most other places in the US.
Occoquan has an unemployment rate of 5.2%. The US average is 6.0%.
Occoquan 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 Occoquan
- The Sales Tax Rate for Occoquan is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Occoquan 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 Occoquan
- The average income of a Occoquan resident is $55,936 a year. The US average is $28,555 a year.
- The Median household income of a Occoquan resident is $117,448 a year. The US average is $69,021 a year.