Big Island, VA is a small town located in Bedford County. It is a great place to live due to its affordability and low cost of living. For example, the average two bedroom rent is $990 compared to the US average which is $1,430. The Grocery Cost Index in Big Island, VA is 97 versus 100 in the US. \nThe town has many local businesses that make it an attractive place to live and work. Some examples are Big Island Farmers’ Market, Big Island Auto Body & Repair, Big Island Diner, and R&R Drywall & Painting services. There are also plenty of outdoor activities such as fishing, hiking, mountain biking and camping available at nearby parks like Cumberland Gap National Historical Park and Jefferson National Forest. With its beautiful scenery and friendly community, Big Island is an ideal place for anyone looking for an affordable place to live with plenty of amenities.
Big Island has an unemployment rate of 4.7%. The US average is 6.0%.
Big Island has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Big Island
- The Sales Tax Rate for Big Island is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Big Island 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 Big Island
- The average income of a Big Island resident is $27,644 a year. The US average is $28,555 a year.
- The Median household income of a Big Island resident is $36,531 a year. The US average is $69,021 a year.