Reston, Virginia is a vibrant city located in the Washington DC metro area. Its population in 2019 was estimated to be around 62,000 residents. The median two-bedroom rent in Reston is $2,070 compared to the US average of $1,430. This cost of living is further reflected by the Grocery Cost Index which stands at 114 compared to 100 for the US as a whole.
Despite this comparatively high cost of living, Reston offers many great local businesses and amenities that make it an attractive place to live. There are many highly regarded hospitals and medical centers such as INOVA Fairfax and Reston Hospital Center. Other local companies include Microsoft's headquarters, Adventist HealthCare LifeWork Strategies, and Rolls Royce North America Incorporated. With its access to transportation hubs such as Dulles International Airport and Dulles Toll Road; Reston provides a quick commute into Washington D.C., Baltimore or Richmond for those who work in different cities.
Reston (zip 20194) has an unemployment rate of 4.6%. The US average is 6.0%.
Reston (zip 20194) has seen the job market decrease by -5.3% 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 Reston (zip 20194)
- The Sales Tax Rate for Reston (zip 20194) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Reston (zip 20194) 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 Reston (zip 20194)
- The average income of a Reston (zip 20194) resident is $84,882 a year. The US average is $37,638 a year.
- The Median household income of a Reston (zip 20194) resident is $143,301 a year. The US average is $69,021 a year.