Buena Vista, VA Economy


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United States / Virginia / No Metro Area / Buena Vista City County / Buena Vista / Zip Codes
Buena Vista, VA is an attractive and economical option for those looking to relocate. It's two bedroom rental rates are much lower than the national average, with a median rate of $680 per month. Additionally, the cost of living is lower as well; the grocery cost index in Buena Vista is 95 versus 100 in the US. There are plenty of businesses and amenities to keep residents entertained and engaged. Notable local companies include New River Industrial Park, Blue Ridge Food Ventures, Inc., and Southern Valley Industries. Buena Vista offers numerous outdoor activities for those who enjoy nature, such as camping at Glen Maury Park or enjoying the view from Grand Caverns. With its affordable housing costs and abundant recreational opportunities, Buena Vista is a great choice for anyone looking to take advantage of all that Virginia has to offer.

Buena Vista has an unemployment rate of 4.4%. The US average is 6.0%.

Buena Vista has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Buena Vista
- The Sales Tax Rate for Buena Vista is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Buena Vista 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 Buena Vista
- The average income of a Buena Vista resident is $17,460 a year. The US average is $28,555 a year.
- The Median household income of a Buena Vista resident is $42,156 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuena Vista, VirginiaUnited States
  4.46
  -13.6%-6.2%
  31.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $32,082$37,638
  $42,156$69,021
  $50,724$85,028
  Population by Occupation
  1.4%1.2%
  0.9%0.5%
  3.0%6.8%
  13.2%10.0%
  0.2%2.5%
  9.6%11.0%
  1.4%4.8%
  1.5%0.8%
  0.1%1.9%
  2.0%4.7%
  1.3%1.9%
  0.8%7.6%
  0.0%0.1%
  3.9%4.2%
  15.7%9.3%
  11.0%14.0%
  0.9%2.1%
  24.5%7.0%
  4.9%4.8%
  3.5%4.7%
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