Hanover County · Virginia · South · 39k residents
Mechanicsville, VA: economy, jobs & business costs
The site-selection read on Mechanicsville: labor costs, talent, corporate tax, energy, and business activity, with the Virginia median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,157/wk. Virginia's corporate income tax rate is 6%. Commercial electricity averages 8.7¢/kWh.
Compare Mechanicsville side by side
Avg. weekly wage
$1,157/wk
Corporate income tax
6%
Bachelor's degree or higher
35.8%
Commercial electricity
8.7¢/kWh
Economic momentum
How fast Mechanicsville's economy is moving, ranked against the US cities we track.
1/100
Cooling
Ranks Mechanicsville's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $351,000 |
| Price per sq. ft. | $220 |
| Property tax rate | 0.87% |
| 1-bedroom rent | $1,724/mo |
| 2-bedroom rent | $1,536/mo |
| State & local income tax | 4.36% |
| Sales tax | 5.75% |
| Corporate income tax | 6% |
| Avg. weekly wage | $1,157/wk |
| Bachelor's degree or higher | 35.8% |
| Commercial electricity | 8.7¢/kWh |
| Businesses per 1k residents | 36.9/1k |
| Wage: Software developer | $132,120 |
| Wage: Registered nurse | $93,580 |
| Wage: General manager | $108,670 |
| Wage: Customer service | $42,660 |
| Wage: Warehouse worker | $37,180 |
| Wage: Heavy truck driver | $58,190 |
| Wage: Electrician | $61,350 |
| Wage: Retail salesperson | $33,580 |
| Cost of living index | 101 |
| Groceries index | 100 |
| Utilities | $175/mo |
| Transit pass | $70/mo |
| Gas price | $3.15/gal |
| Healthcare index | 98 |
| Childcare (per child) | $1,250/mo |
| Median household income | $98,595 |
| Unemployment rate | 2.9% |
| Population | 39k |
| Crime index | 32/100 |
| School rating | 6.8/10 |
| Walkability | 30/100 |
| Disaster risk | 54/100 |
| Avg. commute | 28 min |
| Sunny days / year | 210 days |
| July high | 90°F |
| January low | 27°F |
| Annual snowfall | — |
| Home price YoY | +3.4% |
| Home price MoM | +0.2% |
| Rent YoY | +4.7% |
| Rent MoM | +1.5% |
| Employment (jobs) YoY | -3.2% |
| Building permits YoY | — |
| Ocean coast | 92 mi |
| Big lake | 82 mi |
| Mountains | 84 mi |
| Major airport | 8 mi |
| Ski resort | 88 mi |
Popular comparisons
Nearby
- East Highland Park, VA · 15k
- Richmond, VA · 229k
- Laurel, VA · 19k
- Glen Allen, VA · 18k
- Tuckahoe, VA · 49k
Similar size
- Oakton, VA · 37k
- Annandale, VA · 42k
- Fair Oaks, VA · 36k
- Linton Hall, VA · 42k
- Danville, VA · 42k
Real listings in Mechanicsville
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Mechanicsville a good place to run a business?
- Virginia's corporate income tax rate is 6%; average weekly wages in the surrounding labor market run $1,157/wk; commercial electricity averages 8.7¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Mechanicsville, VA?
- Mechanicsville indexes at 101 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,536/mo and a acs median home value of $351,000.
- How much does a house cost in Mechanicsville?
- The acs median home value in Mechanicsville is $351,000 (Census ACS estimate; individual listings vary).
- How much is rent in Mechanicsville?
- A two-bedroom in Mechanicsville rents for about $1,536/mo.