Zip 22305 (Alexandria, VA) Economy


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Alexandria, VA is a great place to live with a 2 bedroom rent of $1,980. It’s cheaper than the US average of $1,430 which makes it an attractive option for those looking for affordable housing. Additionally, groceries are slightly more expensive in Alexandria at 115 on the grocery cost index compared to 100 for the US. There are many local companies and restaurants nearby that make living in Alexandria enjoyable. Some popular companies include CACI International Inc., General Dynamics and PAE. In terms of food, there are some delicious local eateries like Theismann’s Restaurant & Bar, Gadsby's Tavern Restaurant & Museum and Virtue Feed & Grain. For outdoor activities or recreation, there is Del Ray Park, Fort Ward Park and Jones Point Park - all three offer stunning views of Alexandria as well as opportunities for outdoor exercise or relaxation in nature.

Alexandria (zip 22305) has an unemployment rate of 4.9%. The US average is 6.0%.

Alexandria (zip 22305) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.

Tax Rates for Alexandria (zip 22305)
- The Sales Tax Rate for Alexandria (zip 22305) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alexandria (zip 22305) 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 Alexandria (zip 22305)
- The average income of a Alexandria (zip 22305) resident is $56,306 a year. The US average is $37,638 a year.
- The Median household income of a Alexandria (zip 22305) resident is $97,415 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlexandria, 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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