Herndon, VA is a great neighborhood for those looking to rent. The average 2 bedroom rent in Herndon is $2,050, which is much higher than the national average of $1,430. Additionally, Herndon's Grocery Cost Index is 112 versus the US index of 100, indicating that groceries are slightly more expensive in the area. There are many local companies in Herndon that make it a great place to live and work. Notable businesses in Herndon include Microsoft Innovation and Policy Center, Northrop Grumman Corporation, and Orbital ATK. Microsoft Innovation and Policy Center offers internships and jobs to students interested in technology-related fields. Northrop Grumman Corporation provides high tech products and services for defense systems and civil markets. Lastly, Orbital ATK provides services related to aerospace launch systems such as rocket propulsion engines and launch vehicle components.
Herndon (zip 20170) has an unemployment rate of 4.6%. The US average is 6.0%.
Herndon (zip 20170) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Herndon (zip 20170)
- The Sales Tax Rate for Herndon (zip 20170) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Herndon (zip 20170) 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 Herndon (zip 20170)
- The average income of a Herndon (zip 20170) resident is $44,486 a year. The US average is $28,555 a year.
- The Median household income of a Herndon (zip 20170) resident is $132,059 a year. The US average is $69,021 a year.