Victoria is a city in Virginia located southeast of Richmond. The cost of living is relatively low in Victoria and the average rent for a two-bedroom apartment is $790. The grocery cost index is also lower than the average for the US, at 94. Some local companies and stores in Victoria include Southern States Co-op and Food Lion. There are also several historical landmarks located in Victoria, such as the James River Plantations and the Bertha D. Boehm House Museum.
Victoria has an unemployment rate of 4.8%. The US average is 6.0%.
Victoria has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Victoria
- The Sales Tax Rate for Victoria is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Victoria 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 Victoria
- The average income of a Victoria resident is $17,495 a year. The US average is $37,638 a year.
- The Median household income of a Victoria resident is $29,470 a year. The US average is $69,021 a year.