Zip 22903 (Charlottesville, VA) Economy


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22903 Charlottesville, VA is a vibrant city known for its beautiful mountain views, historic attractions, and lively culture. It is home to the University of Virginia, Monticello, a National Historic Landmark which was the home of Thomas Jefferson before he became president. The cost of living in 22903 Charlottesville is slightly higher than the national average with 2 Bedroom rent going for $1,460 versus $1,430 nationwide. Additionally, the grocery cost index in 22903 Charlottesville is 101 compared to 100 nationally.
Some of the local companies in 22903 Charlottesville are IRG Physical Therapy & Aquatics offering innovative physical therapy services; Blue Ridge Mountain Sports providing outdoor apparel and gear; and Orbit Design Group offering web design services. Popular landmarks include Michie Tavern serving seasonal fare from a historic tavern; AMC Theatres at Stonefield with 14 movie screens; and Paramount Theater where you can catch live performances by local artists. Visiting 22903 Charlottesville offers something for everyone!

Charlottesville (zip 22903) has an unemployment rate of 4.7%. The US average is 6.0%.

Charlottesville (zip 22903) has seen the job market increase by 3.7% 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 (zip 22903)
- The Sales Tax Rate for Charlottesville (zip 22903) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Charlottesville (zip 22903) 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 (zip 22903)
- The average income of a Charlottesville (zip 22903) resident is $30,805 a year. The US average is $28,555 a year.
- The Median household income of a Charlottesville (zip 22903) resident is $62,280 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlottesville, VirginiaUnited States
  4.76
  -7.5%-6.2%
  42.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $42,820$37,638
  $62,280$69,021
  $108,565$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  3.9%6.8%
  3.6%10.0%
  0.6%2.5%
  7.0%11.0%
  2.5%4.8%
  0.0%0.8%
  1.9%1.9%
  2.8%4.7%
  1.1%1.9%
  10.9%7.6%
  0.0%0.1%
  2.5%4.2%
  27.6%9.3%
  15.0%14.0%
  2.3%2.1%
  10.5%7.0%
  4.7%4.8%
  2.6%4.7%
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