Located in the heart of Chesterfield County, Midlothian, Virginia is a popular destination for families and young professionals alike. The area is known for being one of the most cost-effective places to live in the US, with 2 bedroom rent averaging at $1,640 compared to the US average of $1,430. Grocery costs are also lower than the US index, standing at 101 versus 100.
The area offers many amenities to its residents and visitors alike with a host of local companies located close by. Popular retailers such as Walmart and Kroger are both close by offering groceries, clothing and household items in addition to a range of other services. For those looking for entertainment there are a variety of restaurants nearby as well as movie theaters and stores like Target which provide hours of shopping fun. Other businesses include banks, medical centers and beauty salons offering countless services to locals and tourists alike.
Midlothian (zip 23112) has an unemployment rate of 4.8%. The US average is 6.0%.
Midlothian (zip 23112) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Midlothian (zip 23112)
- The Sales Tax Rate for Midlothian (zip 23112) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Midlothian (zip 23112) 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 Midlothian (zip 23112)
- The average income of a Midlothian (zip 23112) resident is $46,908 a year. The US average is $37,638 a year.
- The Median household income of a Midlothian (zip 23112) resident is $105,458 a year. The US average is $69,021 a year.