Wolf Trap, VA Economy


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Wolf Trap, VA is a vibrant community in Fairfax County with plenty to offer. It is home to many local businesses, including Wolf Trap Florist and the Wolf Trap Animal Hospital. There are also a variety of popular attractions such as the Wolf Trap National Park, which offers several trails and scenic views, and the Wolf Trap Performing Arts Center, which hosts world-renowned concerts. The area has a particularly high 2 bedroom rental rate at $2,430 compared to the US average of $1,430. Additionally, its Grocery Cost Index is 118 versus the national index of 100 making grocery shopping more expensive than other areas.

Wolf Trap has an unemployment rate of 4.6%. The US average is 6.0%.

Wolf Trap 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 Wolf Trap
- The Sales Tax Rate for Wolf Trap is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wolf Trap 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 Wolf Trap
- The average income of a Wolf Trap resident is $80,158 a year. The US average is $28,555 a year.
- The Median household income of a Wolf Trap resident is $225,962 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWolf Trap, VirginiaUnited States
  4.66
  -5.3%-6.2%
  36.7%33.5%
  6.0%6.2%
  5.8%4.6%
  $91,671$37,638
  $225,962$69,021
  $247,035$85,028
  Population by Occupation
  0.2%1.2%
  0.3%0.5%
  2.4%6.8%
  3.2%10.0%
  0.1%2.5%
  4.1%11.0%
  0.7%4.8%
  0.2%0.8%
  2.7%1.9%
  6.9%4.7%
  2.2%1.9%
  30.2%7.6%
  0.2%0.1%
  2.1%4.2%
  8.1%9.3%
  7.5%14.0%
  2.9%2.1%
  5.2%7.0%
  7.6%4.8%
  13.1%4.7%
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