Glade Spring, VA Economy


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Glade Spring, VA is a small town located in the southwest region of the state. The rent for a two-bedroom apartment in Glade Spring is significantly lower than the national average. This lower rent makes it an attractive option for those looking for affordable housing. In addition to its low cost of living, Glade Spring also offers numerous local businesses and services that cater to the needs of the community. Popular restaurants and shops include Dooly's Deli, The Blue Mountain Bakery & Cafe, Granny's General Store, and Hair by Shannon. Other popular local services include Chris' Automotive Repair and Appliance Services, Meadow Lane Veterinary Clinic, Anderson Funeral Home & Cremation Services, and Glade Spring Market & Pharmacy. Living in Glade Spring comes with great benefits such as affordable housing and ample amenities; consequently making it a great place to call home!

Glade Spring has an unemployment rate of 4.6%. The US average is 6.0%.

Glade Spring has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Glade Spring
- The Sales Tax Rate for Glade Spring is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Glade Spring 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 Glade Spring
- The average income of a Glade Spring resident is $22,388 a year. The US average is $37,638 a year.
- The Median household income of a Glade Spring resident is $65,600 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlade Spring, VirginiaUnited States
  4.66
  -4.6%-6.2%
  29.1%33.5%
  5.3%6.2%
  5.8%4.6%
  $22,388$37,638
  $65,600$69,021
  $76,591$85,028
  Population by Occupation
  4.3%1.2%
  0.0%0.5%
  1.6%6.8%
  10.0%10.0%
  2.1%2.5%
  6.1%11.0%
  4.0%4.8%
  0.9%0.8%
  2.6%1.9%
  1.6%4.7%
  0.9%1.9%
  0.8%7.6%
  0.0%0.1%
  2.0%4.2%
  13.7%9.3%
  24.8%14.0%
  0.5%2.1%
  8.0%7.0%
  3.4%4.8%
  12.8%4.7%
Reviews for Glade Spring
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Over 6 years ago

This small town is in an area nearing a growth squirt, ready or not. We need visionary leadership. Glade Spring, "The Place To  More

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