Move On Down to Virginia: It's One of the Best States for Earning a Living

By
Real Estate Agent with RE/MAX Allegiance, Managing Broker/Branch Vice President

Are you ready to get the heck outta Dodge?  Perhaps times are tough in your neck of the woods and you can barely eke out a living, let alone a career where you are now.  Chances are your state falls squarely on the 10 Worst States for Making a Living list.

Well, I'm happy to report that you've got a great option open to you.  Move on Down to Virginia!

Money-Rates.com recently issued a list of the Top 10 States for Making a Living and Virginia ranked #4.

Virginia

The list was compiled by looking at four factors involved in making a living:

  • Average state wages
  • State unemployment rate
  • State tax rate
  • State cost of living

Based on all these factors, MoneyRates.com calculated an adjusted-average income for each state - the average income adjusted for your chances of finding a job, how much you would lose to state taxes, and how much purchasing power that income would have based on the cost of living in that state.

According to the MoneyRates rankings, the adjusted-average income for Virginia worked out to $41,120.49, helped by high average wages and a relatively low unemployment rate. This is also a good state for your checking accounts, savings accounts, or money market accounts, with four of the best banks identified by MoneyRates.com operating in Virginia.

Illinois topped the list with an adjusted average income of $41,986.51, a mere $876 higher than Virginia's.  Compare Virginia's adjusted average income with Hawaii which had the lowest adjusted-average income of all 50 states at $22,107.96. 

START SEARCHING FOR VIRGINIA HOMES HERE

Pretty soon, you'll be saying "Virginia, Here I Come!"

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Topic:
ActiveRain Community
Location:
Virginia
Groups:
Northern Virginia Real Estate
Realtors®
RE/MAX Active Rain Bloggers
VIRGINIA
WHAT'S HOT IN VIRGINIA
Tags:
moving to northern virginia
relocation to northern virginia
virginia real estate
best places to earn a living

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Rainer
7,880
Julie Keelan and Nancy Page
Keelan ~ Page Group at the Allen Tate Co

Hello Brian, I am from Maryland and I now live in the incredible Raleigh / Triangle Region of North Carolina. We have you surrounded! Glad to hear things are going well. keep up the good work

April 19, 2011 05:49 PM
Rainmaker
1,218,193
Jay Markanich
Home Inspector - servicing all Northern Virginia
Jay Markanich Real Estate Inspections, LLC

Wow, $41K!  That puts us in the top 10% of incomes nationwide, making us "the rich" and a target of federal tax policy!

April 21, 2011 06:17 AM
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Rainmaker
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Brian Block

Northern Virginia & D.C. Real Estate
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