Farmville, VA is a charming town located in central Virginia. It is home to many small businesses that contribute to the local economy. Some of the notable companies located in Farmville are Longwood University, National Cigar Company, and Brentwood Country Club. Rent prices in Farmville are quite reasonable at $870 for two-bedroom rentals, and grocery costs remain relatively low with an index score of 96 versus 100 in the US. Overall, Farmville has much to offer those looking for an affordable place to live and work.
Farmville has an unemployment rate of 5.7%. The US average is 6.0%.
Farmville 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 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Farmville
- The Sales Tax Rate for Farmville is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Farmville 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 Farmville
- The average income of a Farmville resident is $14,457 a year. The US average is $28,555 a year.
- The Median household income of a Farmville resident is $35,690 a year. The US average is $69,021 a year.