King William County, VA Economy


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United States / Virginia / / King William County / Cities / Zip Codes
King William, VA County is an area of Virginia with a steady population and attractive rental prices. According to the current statistics, 2-bedroom rent in this county is just $1,340 which is slightly lower than the US average of $1,430. Furthermore, the grocery cost index in this county is 97 compared to 100 in the US. This makes King William, VA an ideal location for those who want a good quality of life at affordable prices. Some notable companies located here are King William Home Improvement Center, King William County Public Schools and Virginia Mutual Insurance Company.

King William County has an unemployment rate of 4.7%. The US average is 6.0%.

King William 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 34.9%, which is higher than the US average of 33.5%.

Tax Rates for King William County
- The Sales Tax Rate for King William County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for King William 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 King William County
- The average income of a King William County resident is $33,408 a year. The US average is $37,638 a year.
- The Median household income of a King William County resident is $74,592 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKing William, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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