Buckhall, VA Economy


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Buckhall, VA is a great location for those looking for affordable living. The cost of rent is below the national average with 2 bedroom rentals starting at around $1,980 per month. Additionally, Buckhall has a Grocery Cost Index that is slightly higher than the US average at 110 versus 100. This could be due to the fact that there are many local businesses in Buckhall such as Smith's Supermarket, Main Street Deli and Grill, and several farmers markets offering fresh fruits and vegetables year-round. Overall, the cost of living in Buckhall is very reasonable making it an attractive place to live for those looking for an affordable lifestyle.

Buckhall has an unemployment rate of 5.2%. The US average is 6.0%.

Buckhall has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Buckhall
- The Sales Tax Rate for Buckhall is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Buckhall 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 Buckhall
- The average income of a Buckhall resident is $42,355 a year. The US average is $28,555 a year.
- The Median household income of a Buckhall resident is $142,713 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuckhall, VirginiaUnited States
  5.26
  -5.3%-6.2%
  38.8%33.5%
  6.0%6.2%
  5.8%4.6%
  $53,708$37,638
  $142,713$69,021
  $152,908$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  9.0%6.8%
  2.2%10.0%
  0.9%2.5%
  8.8%11.0%
  2.6%4.8%
  0.9%0.8%
  2.1%1.9%
  2.4%4.7%
  3.3%1.9%
  18.4%7.6%
  0.3%0.1%
  4.6%4.2%
  8.0%9.3%
  9.4%14.0%
  1.4%2.1%
  4.6%7.0%
  4.0%4.8%
  16.7%4.7%
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