Virginia, South Dakota is a small suburb located outside of Sioux Falls and it offers a more affordable lifestyle for those looking to relocate. The cost of living in Virginia is lower than the national average, with 2 bedroom rent in Virginia being $780 compared to the national average of $1,430. Additionally, the Grocery Cost Index for the area is 95 compared to 100 nationally. This makes it an attractive option for those looking for an affordable lifestyle. Local companies that offer inexpensive rent include Lion Real Estate Group and Greenstar Properties LLC who offer competitive prices on both 1 and 2 bedroom rental units.
Virginia has an unemployment rate of 3.7%. The US average is 6.0%.
Virginia has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Virginia
- The Sales Tax Rate for Virginia is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Virginia is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Virginia
- The average income of a Virginia resident is $31,161 a year. The US average is $28,555 a year.
- The Median household income of a Virginia resident is $59,559 a year. The US average is $69,021 a year.