Mechanicsville, VA is a city located in the larger metropolitan area of Richmond, VA. The average rent for two bedroom apartments is $1,540 per month. This is higher than the US average of $1,430, making renting in Mechanicsville slightly more expensive than most other areas in the country. In terms of groceries, the cost index for this area is 102 compared to 100 for the US overall. There are several local businesses that offer both rental units and groceries. Companies such as Walmart Supercenter and Redwood Apartment Homes provide both accommodations and groceries at competitive prices. Other stores like Food Lion and Publix Super Market offer great deals on grocery items as well.
Mechanicsville (zip 23116) has an unemployment rate of 3.9%. The US average is 6.0%.
Mechanicsville (zip 23116) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Mechanicsville (zip 23116)
- The Sales Tax Rate for Mechanicsville (zip 23116) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Mechanicsville (zip 23116) 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 Mechanicsville (zip 23116)
- The average income of a Mechanicsville (zip 23116) resident is $39,602 a year. The US average is $28,555 a year.
- The Median household income of a Mechanicsville (zip 23116) resident is $124,063 a year. The US average is $69,021 a year.