Washington-Arlington-Alexandria Metro Area, DC Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / District of Columbia / Washington-Arlington-Alexandria Metro Area / Counties / Cities / Zip Codes
Washington-Arlington-Alexandria, DC Metro Area is a vibrant and bustling metropolitan area that offers many opportunities for individuals and families. It is home to some of the biggest names in business such as Amazon, Microsoft, and Apple. The cost of living is higher than the national average, with two bedroom rent at $1,820 compared to $1,430 nationally. Additionally, grocery costs are much higher with an index of 111 versus 100 in the US. Despite its higher cost of living Washington-Arlington-Alexandria remains an attractive place to live due to its strong economy and job market.

Washington-Arlington-Alexandria Metro Area has an unemployment rate of 5.6%. The US average is 6.0%.

Washington-Arlington-Alexandria Metro Area has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 35.7%, which is higher than the US average of 33.5%.

Tax Rates for Washington-Arlington-Alexandria Metro Area
- The Sales Tax Rate for Washington-Arlington-Alexandria Metro Area is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Washington-Arlington-Alexandria Metro Area is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Washington-Arlington-Alexandria Metro Area
- The average income of a Washington-Arlington-Alexandria Metro Area resident is $54,663 a year. The US average is $37,638 a year.
- The Median household income of a Washington-Arlington-Alexandria Metro Area resident is $111,252 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWashington-Arlington-Alexandria, District of ColumbiaUnited 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%
Reviews for Washington-Arlington-Alexandria
    See all ()

Good place for employment, high wages, diverse & well educated population, transit, local parks and spring & fall weather. High cost of living and rat race atmosphere  More

   |    Reply

Start Your Review of Washington-Arlington-Alexandria

Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.