Bracey, VA is a small community located in the southeastern part of Virginia. It offers an affordable cost of living with two bedroom rent averaging $830 per month. This is well below the national average of $1,430 for two bedroom rent. The Grocery Cost Index for Bracey, VA is 97 compared to 100 in the US. Local businesses within Bracey include MVC Farms and Hilltop Produce which offer fresh fruits and vegetables, as well as Hardy's Supermarket that offers groceries and other household items. Other local companies are Riverbend Sports Complex which provides recreational facilities such as baseball fields, tennis courts and a skate park. There’s also Cook Out Barbeque that offer authentic Southern-style BBQ dishes or if you're looking for nightlife entertainment there's Gritty McDuffs Pub which features craft beer and live music on weekends.
Bracey has an unemployment rate of 6.0%. The US average is 6.0%.
Bracey has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.
Tax Rates for Bracey
- The Sales Tax Rate for Bracey is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Bracey 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 Bracey
- The average income of a Bracey resident is $32,593 a year. The US average is $28,555 a year.
- The Median household income of a Bracey resident is $60,313 a year. The US average is $69,021 a year.