The group estimates a family of two adults and two children in the City of Alexandria would need to earn a combined $105,239 per year — or $8,770 a month — to live comfortably.
What is a good salary to live in Alexandria VA?
A good salary in Alexandria, VA is anything over $80,000. That’s because the median income in Alexandria is $80,000, which means if you earn more than that you’re earning more than 50% of the people living in Alexandria. The average salary in Alexandria is $91,023. A good hourly wage in Alexandria is $38.46 per hour.
What is a good salary to live comfortably in Virginia?
Virginia is one of the most expensive states in America, according to the Economic Policy Institute. The cheapest metro area to live in is Richmond at about $83,000 a year, while you need to earn over $110,000 a year to live in many parts of Fairfax and Loudon Counties.
How much does it cost to live in Alexandria VA?
Alexandria cost of living is 149.9
| COST OF LIVING | Alexandria | Virginia |
|---|---|---|
| Grocery | 112.6 | 99.6 |
| Health | 98.5 | 102.4 |
| Housing | 234.5 | 111.8 |
| Median Home Cost | $585,300 | $329,200 |
What is good pay in Virginia?
Average Salary in Virginia
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $97,742 | $47 |
| 75th Percentile | $73,306 | $35 |
| Average | $68,018 | $33 |
| 25th Percentile | $48,871 | $23 |
Is it cheaper to live in Alexandria or DC?
Average Home Prices in Alexandria VA
To say that prices are 16% higher in DC across the board when compared to Alexandria would only tell part of the story. The median home price in Alexandria is $848,500.
How much money do you need to live comfortably in Arlington VA?
Annual pay of $67,840 is what it takes for two people to live here comfortably, without kids, childcare costs and the requisite additional bedrooms. Single Arlingtonians, though, have to make $56,221 annually to live comfortably — only $11,619 less than a couple does.
What is middle class income in Virginia?
(The Center Square) – In Virginia, households must earn a minimum of $32,507 per year to be considered middle class, with the upper earnings boundary set at $156,063, according to a new 24/7 Wall St. analysis.
What is middle class income in Northern Virginia?
Northern Virginia’s middle class includes people with incomes from $43,950 to $131,380, according to Pew.
What is a good salary in Fairfax County?
The average annual household income in Fairfax County is $165,705, while the median household income sits at $127,470 per year. Residents aged 25 to 44 earn $129,062, while those between 45 and 64 years old have a median wage of $148,487.
Is Alexandria VA a good place to live?
With its cosmopolitan feel and pedestrian-friendly design, this petite gem has been included in Condé Nast Traveler’s Top 5 Best Small Cities in the U.S. in 2020, and it was voted one of the South’s Best Cities 2020 by Southern Living.
Does Alexandria VA have a local income tax?
– The Income Tax Rate for Alexandria is 5.8%.
How much do utilities cost per month in Alexandria VA?
Utilities (Monthly)
In Alexandria, energy bills cost around $156.57 per month.
What jobs are in high demand in Virginia?
Detailed List Of The Fastest Growing Jobs In Virginia
| Rank | Job Title | Jobs in 2024 |
|---|---|---|
| 1 | Occupational Therapy Assistant | 1,220 |
| 2 | Physical Therapy Aide | 1,670 |
| 3 | Home Health Aid | 14,490 |
| 4 | Nurse Practitioner | 5,050 |
What is the average cost of living in Virginia?
Average Cost of Living in Virginia: $42,757 per year.
What’s the base pay in Virginia?
The new minimum wage in Virginia increased to $9.50 on May 1, 2021, up from $7.25 per hour the previous year. This is $2.25 more than the federal minimum wage. Unlike other states, Virginia does not exempt tipped workers from the state mandated minimum wage.
Is Arlington or Alexandria better?
According to BestPlaces, Alexandria is 11.1% less expensive than Arlington. This means that if you have, for example, a set $100,000 salary and you can live in either place, your money will go much further in Alexandria. Food and groceries, utilities, and housing are all more affordable there.
Should I live in Arlington or DC?
The Bottom Line. While just across the river from each other, Arlington and D.C. offer very different styles of living. Arlington has better school districts and an abundance of free parking, but higher real estate prices. D.C. offers culture, nightlife, and a variety of real estate options.
Is Arlington or Alexandria closer to DC?
Certain parts of Arlington (Crystal City, Pentagon City, Rosslyn, Courthouse) are much closer than Alexandria.
Is 90k a good salary in DC?
You Need About $143,000 to Live Comfortably in Washington, DC. To live comfortably in U.S. capital, you’ll need to earn around $143,200 if you’re paying a mortgage and $122,900 if you’re renting. That’s an increase of 50.8% and 30.4%, respectively, since 2016.
How much money do you need to make to live in Northern Virginia?
In terms of salary, according to EPI, a typical household (two adults and two children) in Fairfax County would need $9,797 a month or $117,561 a year to live comfortably. Their calculator accounts for housing, food, child care, transportation, taxes, other necessities, and healthcare costs.