Charlottesville City County, VA Economy


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United States / Virginia / / Charlottesville City County / Cities / Zip Codes
Charlottesville city, VA County is an attractive destination for those looking for a place to live and work. It offers a variety of business opportunities, as well as many recreational activities. The cost of living is relatively low with a two-bedroom apartment renting for $1,400 per month compared to the national average of $1,430. Grocery costs are also lower than the national average at 97 index points versus 100 in the US. There are many local businesses that provide employment and goods and services such as the University of Virginia, Sentara Martha Jefferson Hospital, Coca Cola Bottling Co., and CarMax Auto Superstores. Charlottesville is a great place to call home with many attractions including downtown shopping districts and outdoor recreation areas like Lake Monticello and Shenandoah National Park.

Charlottesville City County has an unemployment rate of 4.7%. The US average is 6.0%.

Charlottesville City County has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 42.7%, which is higher than the US average of 33.5%.

Tax Rates for Charlottesville City County
- The Sales Tax Rate for Charlottesville City County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Charlottesville City County 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 Charlottesville City County
- The average income of a Charlottesville City County resident is $42,474 a year. The US average is $37,638 a year.
- The Median household income of a Charlottesville City County resident is $63,470 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlottesville City, VirginiaUnited States
  4.76
  -7.5%-6.2%
  42.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $42,474$37,638
  $63,470$69,021
  $96,794$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.1%6.8%
  4.0%10.0%
  0.5%2.5%
  8.1%11.0%
  2.2%4.8%
  0.2%0.8%
  2.5%1.9%
  3.8%4.7%
  1.5%1.9%
  10.9%7.6%
  0.0%0.1%
  3.0%4.2%
  25.4%9.3%
  13.7%14.0%
  2.7%2.1%
  10.3%7.0%
  4.8%4.8%
  2.4%4.7%
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