Boston, VA Economy


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United States / Virginia / No Metro Area / Accomack County / Boston / Zip Codes
Boston, VA is located in the heart of Halifax County. This charming town offers a wide range of activities and attractions for visitors and locals alike. From historical sites such as Halifax Court House and Boxwood Plantation to modern day businesses like Riverside Automotive and Appomattox River Company, Boston provides something for everyone to enjoy. The local economy benefits from a diverse range of industries including health care, agriculture, education, retail, construction, and manufacturing. With a low cost of living compared to the US average - 2 bedroom rent averaging $780/month - Boston is an ideal place for individuals and families looking for an affordable place to call home. Education opportunities abound with numerous daycare centers as well as public schools in the vicinity. Residents can also take advantage of the many grocery stores offering low-cost items at a Grocery Cost Index of 95 compared to 100 in the US.

Boston has an unemployment rate of 6.1%. The US average is 6.0%.

Boston has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Boston
- The Sales Tax Rate for Boston is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Boston 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 Boston
- The average income of a Boston resident is $17,686 a year. The US average is $28,555 a year.
- The Median household income of a Boston resident is $50,694 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoston, VirginiaUnited States
  6.16
  -6.9%-6.2%
  30.2%33.5%
  5.3%6.2%
  5.8%4.6%
  $19,011$37,638
  $50,694$69,021
Family Median Income 85028
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