What Is The Average Salary In Northern Virginia?

$58,019.
Northern Salary in Virginia

Annual Salary Monthly Pay
Top Earners $114,817 $9,568
75th Percentile $80,127 $6,677
Average $58,019 $4,834
25th Percentile $34,200 $2,850

What is a livable salary in Northern Virginia?

Living Wage Calculation for Fairfax County, Virginia

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 1 Child
Living Wage $22.98 $23.08
Poverty Wage $6.19 $5.28
Minimum Wage $11.00 $11.00

What is middle class income in Northern Virginia?

$43,950 to $131,380
Northern Virginia’s middle class includes people with incomes from $43,950 to $131,380, according to Pew.

What is considered a good salary in Virginia?

While ZipRecruiter is seeing salaries as high as $149,507 and as low as $20,521, the majority of salaries within the Average jobs category currently range between $48,369 (25th percentile) to $73,287 (75th percentile) with top earners (90th percentile) making $97,717 annually in Virginia.

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.

What is a good salary for a single person in Northern Virginia?

$34,200 is the 25th percentile. Salaries below this are outliers. $80,127 is the 75th percentile.

Is Northern Virginia a rich area?

Northern Virginia has a significantly larger job base than either Washington or the Maryland portion of its suburbs, and is the highest-income region of Virginia, having several of the highest-income counties in the nation, including 3 of the richest 10 counties by median household income according to the 2019 American

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What is considered upper class in Virginia?

$37,621 is the 25th percentile. Salaries below this are outliers. $65,470 is the 75th percentile.

Is Northern Virginia high cost of living?

Northern Virginia is one of the country’s most expensive places to live, but also one of its most affordable.

What is upper middle class in Virginia?

Virginia households must make at least $32,507 to reach middle class, study finds. (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.

How much do you need to live comfortably in Virginia?

How much money do you need to live comfortably in Virginia? According to livingwage.mit.edu, a living wage calculator based at MIT, you’ll need a salary of at least $26,631 if you have no children. If you are one adult with two children, you’ll need $61,780 after taxes.

What constitutes middle class in Virginia?

The Pew Research Center has put a financial definition to the term “middle income.” To be considered part of that group in 2021—which is synonymous with middle-class, according to Pew—a single American must have earned $30,003 to $90,010, according to a new set of reports released Wednesday.

What is poverty level in Northern VA?

Poverty in Fairfax County
In 2019, poverty for a family of four is defined as a family annual income of less than $25,750 per year. (6.0% or 1 in 17) people live in poverty. (10.0% or 1 in 13) children under age 5 live in poverty. (4.7% or 1 in 18) people over age 65 live in poverty.

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How much does it cost to live in Fairfax?

Fairfax cost of living is 152.0

COST OF LIVING Fairfax Virginia
Grocery 114.1 99.6
Health 99.9 102.4
Housing 238.4 111.8
Median Home Cost $652,700 $329,200

What’s the average cost of living in Virginia?

Average Cost of Living in Virginia: $42,757 per year.

What is the richest town in Virginia?

List of Virginia locations by per capita income

Rank County or City
1 Arlington County
2 Falls Church City
3 Alexandria City
4 Fairfax County

Why is Loudoun County so rich?

The reason it’s so well off is the proximity to dc and large tech/defense corridor. The county attracts the rich because you can buy a McMansion with land, and still get to work.

Where do the wealthiest people in Virginia live?

Vienna is being credited as the richest town in the state of Virginia. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Vienna as having a median household income of $161,196 (134.6% more than the U.S. median income).

What salary is considered rich for a single person?

With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $500,000 a year in 2022 is considered a top 1% income earner. Of course, some parts of the country require a higher income level to be in the top 1% income, e.g. Connecticut at $580,000.

Are doctors High class?

The upper-middle-class usually evolves out of people from the middle-class tier who are particularly resourceful or who achieve higher levels of education than the rest of the middle class. Examples of these people in today’s society are doctors and lawyers.

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What salary is rich?

For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.