Fredericksburg City, VA County has a lot to offer its residents. The cost of living is slightly higher than the US average, with two bedroom rent costing $1,840 compared to $1,430 in the US. Grocery costs also index higher at 108 versus 100 in the US. Despite this, Fredericksburg is an attractive place to live due to its numerous local businesses and attractions. Some of these include Central Park Funland amusement park, Fredericksburg Food Tours providing guided walking tours of the city's culinary delights and Potomac Point Winery for enjoying award-winning wines. The area also boasts a variety of shopping opportunities such as Spotsylvania Towne Centre Mall and Spotsylvania Station Shopping Plaza for big box stores and boutiques alike. With all that Fredericksburg City has to offer its residents, it's easy to see why so many people choose to call it home.
Fredericksburg City County has an unemployment rate of 6.1%. The US average is 6.0%.
Fredericksburg City County has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Fredericksburg City County
- The Sales Tax Rate for Fredericksburg City County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Fredericksburg 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 Fredericksburg City County
- The average income of a Fredericksburg City County resident is $40,619 a year. The US average is $37,638 a year.
- The Median household income of a Fredericksburg City County resident is $72,293 a year. The US average is $69,021 a year.