Gretna, VA Economy


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Gretna, VA is a small town located in Southern Virginia. It offers a low cost of living with an average rent for two bedrooms being $820 compared to the national average of $1430. Grocery prices are also lower than the national average at 93 on the Cost Index versus 100 in the US. Gretna has several local companies and amenities that give it a unique character, such as Mark's Automotive, Spencer's Furniture Store, and The Corner Cafe. The town is also home to numerous parks and recreational centers for residents to enjoy. Overall, Gretna offers a great quality of life with its lower costs and diverse range of businesses and activities.

Gretna has an unemployment rate of 5.1%. The US average is 6.0%.

Gretna has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.

Tax Rates for Gretna
- The Sales Tax Rate for Gretna is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Gretna is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Gretna
- The average income of a Gretna resident is $19,104 a year. The US average is $28,555 a year.
- The Median household income of a Gretna resident is $29,350 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGretna, VirginiaUnited States
  5.16
  -4.3%-6.2%
  23.6%33.5%
  5.3%6.2%
  5.8%4.6%
  $22,472$37,638
  $29,350$69,021
  $35,481$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.6%6.8%
  18.7%10.0%
  1.8%2.5%
  10.8%11.0%
  0.0%4.8%
  0.0%0.8%
  2.7%1.9%
  2.0%4.7%
  0.0%1.9%
  1.8%7.6%
  0.9%0.1%
  3.8%4.2%
  7.2%9.3%
  18.9%14.0%
  1.3%2.1%
  6.1%7.0%
  5.6%4.8%
  12.8%4.7%
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