Harrisonburg, VA Economy


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Harrisonburg, VA is an up-and-coming city located in the Shenandoah Valley. With a 2 bedroom rent well below US average at $1,090, housing costs are affordable for those looking to make their home in the area. Even grocery costs are lower than the national average index of 100; Harrisonburg has a grocery cost index of 98. The city boasts many local companies like Rockingham Printing Company and Virginia Panel Corporation. There are also some great places to eat such as Capital Ale House and Jack Brown's Beer and Burger Joint. For locals and visitors alike there are tons of fun activities from outdoor recreation at Lakeview Park or shopping downtown, to nightlife events at Bluestone Live Music Venue or catching a show at Court Square Theater. Harrisonburg is full of things to do!

Harrisonburg has an unemployment rate of 5.2%. The US average is 6.0%.

Harrisonburg has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.

Tax Rates for Harrisonburg
- The Sales Tax Rate for Harrisonburg is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Harrisonburg 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 Harrisonburg
- The average income of a Harrisonburg resident is $17,919 a year. The US average is $28,555 a year.
- The Median household income of a Harrisonburg resident is $51,055 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarrisonburg, VirginiaUnited States
  5.26
  -5.7%-6.2%
  35.8%33.5%
  5.3%6.2%
  5.8%4.6%
  $24,388$37,638
  $51,055$69,021
  $65,728$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  6.1%6.8%
  12.9%10.0%
  2.4%2.5%
  12.5%11.0%
  2.5%4.8%
  0.4%0.8%
  1.5%1.9%
  1.2%4.7%
  1.4%1.9%
  6.4%7.6%
  0.0%0.1%
  3.6%4.2%
  15.3%9.3%
  9.9%14.0%
  1.9%2.1%
  13.6%7.0%
  4.8%4.8%
  2.1%4.7%
Reviews for Harrisonburg
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Over 12 years ago

Harrisonburg is small town, yet has the same experiences that a big city offers (just on a smaller scale). The reason for the wealth of experiences is because H'burg is  More

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Any infomation on quality/cost of living will be graetly appreciated.  More

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Over 15 years ago

We moved to H'Burg in 2003 to enjoy a less expensive cost of living, closer proximity to family, low crime rate and better access to quality health care/facilities. We  More

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