Midlothian, VA is a great place to live for those looking for a more residential feel to their living arrangements. Located in the 23114 zip code, Midlothian has an estimated population of 36,438 and is growing rapidly due to its close proximity to the city of Richmond. The average rent for a two bedroom apartment in Midlothian is $1,740 per month which is substantially higher than the national average of $1,430. The Grocery Cost Index in Midlothian is 101 compared to the US baseline of 100. \nMidlothian offers plenty of local businesses and amenities with well-known names like Walmart Supercenter, Bon Secours St. Francis Medical Center, Publix Super Markets, Home Depot, and Costco Wholesale all located within a few miles from each other. There are also countless restaurants ranging from fast food chains like Wendy’s and Sonic Drive-In to high-end establishments such as Morton’s Steakhouse and Iron Horse Restaurant & Bar.
Midlothian (zip 23114) has an unemployment rate of 4.8%. The US average is 6.0%.
Midlothian (zip 23114) 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 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Midlothian (zip 23114)
- The Sales Tax Rate for Midlothian (zip 23114) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Midlothian (zip 23114) 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 23114)
- The average income of a Midlothian (zip 23114) resident is $38,806 a year. The US average is $28,555 a year.
- The Median household income of a Midlothian (zip 23114) resident is $106,969 a year. The US average is $69,021 a year.