Amherst, VA County is a charming small town in central Virginia. It has a population of around 8,000 people and is known for its peaceful environment. The town offers great living options with two bedroom rental apartments, costing around $930 per month, which is much lower than the national average of $1,430. There are several local companies in the area such as Amherst Auto Parts and Fitch's Pharmacy that offer employment opportunities to locals. The city also boasts a Grocery Cost Index of 98 compared to 100 across the US, making it an economical place to live or do business.
Amherst County has an unemployment rate of 4.8%. The US average is 6.0%.
Amherst County has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Amherst County
- The Sales Tax Rate for Amherst County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Amherst County 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 Amherst County
- The average income of a Amherst County resident is $22,938 a year. The US average is $28,555 a year.
- The Median household income of a Amherst County resident is $60,876 a year. The US average is $69,021 a year.