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 decrease by -7.5% 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 $42,820 a year. The US average is $37,638 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
    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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