Caret, VA Utility & Living Guide

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Caret, VA Utility & Living Guide

Caret is the name used familiarly for the character ^ provided on most QWERTY keyboards by typing ⇧ Shift+6. The symbol has a variety of uses in programming and mathematics. The name "caret" arose from its visual similarity to the original proofreader's caret, ‸, a mark used in proofreading to indic

Last updated: June 26, 2026
Total Utilities$250/mo
1BR Rent$1100/mo
Sales Tax5.3%
COL Index98 (-2% below national average)
Family Score7/10
Median Home$280,000
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⚠️ Natural Hazard History — Caret
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$128/mo

Dominion Energy
🔥 Gas

N/A - Electric only
💧 Water

$40/mo

King William County Public Utilities
🗑️ Garbage

$22/mo

King William County Waste Management
📶 Internet

$60/mo

Combined Average Overhead$250/month

Housing Market

Rent & Property
1 Bedroom$1100/mo
2 Bedrooms$1400/mo
3 Bedrooms$2000/mo
Median Home Price$280,000
Property Tax Rate0.85%
Avg Childcare/mo$900

The housing market in Caret is relatively stable, with a mix of old and new homes available. The area is popular with families and retirees. However, the inventory of homes for sale can be limited at times.

Cost of Living

Overall COL Index

98

US national avg = 100
vs National Avg

-2% below national average

Groceries

95

Transportation

88

Healthcare

105

Childcare/mo

$900

Tax Rates

Tax Overview
Total Sales Tax5.3%
Property Tax Rate0.85%
<p>State 4.3% + County 1%</p>

Virginia has a progressive income tax system, with rates ranging from 2% to 5.75%

Family & Relocation

Family Vibe Score
7/10
Safety Index

55

Higher = safer
School Rating

7/10

GreatSchools avg
Avg Childcare

$900/mo

City Pulse

Population Trend
+2% (growing)
Political Climate
Purple description, with a mix of conservative and liberal views
Business Momentum
Moderate, with key industries including agriculture, healthcare, and education
Top Local Concerns
Traffic, education, public safety
🚌 Transit for Families

Caret has limited public transportation options, but the town is relatively small and walkable, making it accessible for families with strollers.

🎡 Top Kid Attractions
  • 🎯
    King William County Fairgrounds
  • 🎯
    Pamunkey River
  • 🎯
    Colonial Downs

Best Neighborhoods for Families

The best neighborhoods for families in Caret include the historic district, which offers a mix of old and new homes, and the areas surrounding the town's parks and recreational facilities. These neighborhoods offer a safe and welcoming environment for families.

Household Budget Calculator

Estimate your real monthly cost of living in Caret based on your household profile.

📰 Live Local News

Caret has zoning regulations in place to preserve the town’s rural character and limit development.

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📊 Caret — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Utility costs in Caret tend to be higher in the summer months due to air conditioning usage, with average electric bills increasing by 15-20% from June to August. In the winter, heating costs are relatively low due to the mild climate.

🏛️ Local Tax Details

The ZIP code 22436 has a property tax millage rate of 0.85, with no local surtaxes

👶 Family & Stroller Friendliness

6, Caret has decent sidewalks and park access, but elevator access in transit is limited and family infrastructure could be improved

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