Cost of living
McLean, Virginia
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McLean, VA is #9 on the list Top 100 Most Educated Cities in America in 2023, #7 on the list Top 100 Most Educated Cities in America in 2022
Cost of living in McLean, Virginia
Cost of living compared to USAthe highest
Cost of living compared to Virginiathe highest
Median household incomethe highest
Is it expensive to live in McLean, Virginia? When calculating the cost of living in McLean, Virginia we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in McLean, Virginia is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Virginia, while median household income in McLean is $222,587 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Virginia.
Taxes in McLean, Virginia
The sales tax rate in McLean, Virginia is 6.0%. Last year, the average property taxes paid was 1.0% McLean, Virginia.
Here is the table with the State Income Taxes in the state of Virginia:
State Income Tax Brackets (Single):
| Income Bracket Threshold | Income Bracket Ceiling | Virginia Income Tax Rate |
|---|---|---|
| $0 | $3,000 | 2.0% |
| $3,000 | $5,000 | 3.0% |
| $5,000 | $17,000 | 5.0% |
| $17,000 | $9,999,999 | 5.75% |
State Income Tax Brackets (Married):
| Income Bracket Threshold | Income Bracket Ceiling | Virginia Income Tax Rate |
|---|---|---|
| $0 | $3,000 | 2.0% |
| $3,000 | $5,000 | 3.0% |
| $5,000 | $17,000 | 5.0% |
| $17,000 | $9,999,999 | 5.75% |
Housing costs in McLean, Virginia
The average cost of a single-family home compared to USAthe highest
The average cost of a single-family home compared to Virginiathe highest
In McLean, Virginia, 87.0% of the population owns their homes, while approximately 13.0% rent. The average cost of a single-family home in McLean, Virginia in 2022 is $1,1035,142 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Virginia. The average one-bedroom apartment cost is approximately $2,089 per month.
| Rental Size | Monthly Cost | Compared to Virginia |
|---|---|---|
| 1 Bedroom | $2,089 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $2,376 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $2,971 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $3,546 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Pros and Cons of living in McLean, Virginia in reviews from users in their own words:
| Pros | Cons |
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