Seven Corners, VA Economy


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Seven Corners, VA is an area located in Fairfax County near Washington DC. It has a unique landscape that features several parks and scenic views of the Potomac River. The area has seen a growing population in recent years due to its proximity to the nation's capital and a variety of jobs available in the local economy. Local companies include 7-Eleven, Giant Food, Home Depot, Office Depot, and Starbucks. Rent for two bedroom apartments is slightly higher than the US average at $1,710 per month while groceries are slightly lower with a Grocery Cost Index of 111 compared to 100 nationally. Overall Seven Corners is a great place to live with plenty of amenities and reasonable costs associated with living there.

Seven Corners has an unemployment rate of 4.6%. The US average is 6.0%.

Seven Corners 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 Seven Corners
- The Sales Tax Rate for Seven Corners is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Seven Corners 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 Seven Corners
- The average income of a Seven Corners resident is $30,835 a year. The US average is $28,555 a year.
- The Median household income of a Seven Corners resident is $57,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySeven Corners, VirginiaUnited States
  4.66
  -5.3%-6.2%
  36.7%33.5%
  6.0%6.2%
  5.8%4.6%
  $33,642$37,638
  $57,438$69,021
  $54,861$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  12.6%6.8%
  4.0%10.0%
  0.3%2.5%
  9.9%11.0%
  6.8%4.8%
  0.0%0.8%
  1.2%1.9%
  5.0%4.7%
  1.4%1.9%
  13.4%7.6%
  0.0%0.1%
  7.9%4.2%
  4.9%9.3%
  6.6%14.0%
  0.4%2.1%
  15.7%7.0%
  5.6%4.8%
  3.7%4.7%
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