Alberta, VA is a small, rural town located in the southeastern part of the state. Despite its size, it offers many amenities and services to its residents that make life comfortable and affordable. The average two-bedroom rent price is only $820 per month, making it much more affordable than other cities around the United States with an average two-bedroom rent price of $1,430. The grocery cost index for Alberta, VA is also quite low at 94 compared to the US which has an index of 100. Many local businesses thrive in this area such as Landrum Family Farm which specializes in fresh fruits and vegetables, Southern Gourmet Deli & Bakery serving delicious meals and treats, and Haven’s Heating & Air providing quality home heating and cooling systems.
Alberta has an unemployment rate of 7.8%. The US average is 6.0%.
Alberta has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 12.3%, which is lower than the US average of 33.5%.
Tax Rates for Alberta
- The Sales Tax Rate for Alberta is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Alberta 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 Alberta
- The average income of a Alberta resident is $37,478 a year. The US average is $28,555 a year.
- The Median household income of a Alberta resident is $48,523 a year. The US average is $69,021 a year.