Zip 22904 (University of Virginia, VA) Economy


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The University of Virginia in 22904 is a great place to rent with 2 bedrooms available for $1,430. The area has a Grocery Cost Index of 90 versus 100 in the US, making it more affordable to live. The University of Virginia is one of the many local schools and companies in the area. Other notable schools include Piedmont Virginia Community College and Central Virginia Community College. Local companies include Adobe Systems Incorporated, Capital One Financial Corporation, and Accenture Federal Services LLC.

University of Virginia (zip 22904) has an unemployment rate of 4.7%. The US average is 6.0%.

University of Virginia (zip 22904) has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 42.7%, which is higher than the US average of 33.5%.

Tax Rates for University of Virginia (zip 22904)
- The Sales Tax Rate for University of Virginia (zip 22904) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for University of Virginia (zip 22904) 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 University of Virginia (zip 22904)
- The average income of a University of Virginia (zip 22904) resident is $2,356 a year. The US average is $28,555 a year.
- The Median household income of a University of Virginia (zip 22904) resident is $2,499 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUniversity of Virginia, VirginiaUnited States
  4.76
  -7.5%-6.2%
  42.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $3,720$37,638
  $2,499$69,021
Family Median Income 85028
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