Fairfax City, VA County is a great place to live with plenty of opportunities. Located close to Washington DC, there is plenty to see and do in the area. Companies like Capital One, Northrop Grumman Corporation, General Dynamics and Booz Allen Hamilton are just some of the many businesses located in Fairfax City. In terms of cost of living, 2 Bedroom Rent in Fairfax city is $1,840 which is slightly higher than the US average of $1,430 while Grocery Cost Index in Fairfax city is 114 versus 100 in the US. All these factors make Fairfax City an excellent choice for those looking to move to Virginia.
Fairfax City County has an unemployment rate of 4.3%. The US average is 6.0%.
Fairfax City County 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 39.1%, which is higher than the US average of 33.5%.
Tax Rates for Fairfax City County
- The Sales Tax Rate for Fairfax City County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairfax 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 Fairfax City County
- The average income of a Fairfax City County resident is $44,747 a year. The US average is $28,555 a year.
- The Median household income of a Fairfax City County resident is $118,492 a year. The US average is $69,021 a year.