Clintwood, VA Economy


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Clintwood, Virginia is a small town in the Dickenson County area. It's located in the Appalachian Mountains, making it an ideal spot for outdoor exploration. Despite its small size, Clintwood has a number of local businesses that offer residents and visitors alike plenty of options. The cost of living in Clintwood is quite affordable, with 2 bedroom rent averaging just $860 — significantly lower than the national average of $1,430. Additionally, the grocery cost index is only 93 compared to 100 nationally. Local businesses include a variety of stores such as Big Stone Gap General Store and Wampler's Grocery & Hardware Store. Other establishments like Clintwood Pharmacy & Gift Shop provide goods and services to residents in the area. In terms of attractions, there's plenty to do in Clintwood including visiting nearby Mountain View Park or hiking at Trailhead Adventure Park located several miles away in Haysi, VA.

Clintwood has an unemployment rate of 6.9%. The US average is 6.0%.

Clintwood has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 5.3%, which is lower than the US average of 33.5%.

Tax Rates for Clintwood
- The Sales Tax Rate for Clintwood is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Clintwood 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 Clintwood
- The average income of a Clintwood resident is $22,224 a year. The US average is $28,555 a year.
- The Median household income of a Clintwood resident is $38,548 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClintwood, VirginiaUnited States
  6.96
  -2.7%-6.2%
  5.3%33.5%
  5.3%6.2%
  5.8%4.6%
  $24,496$37,638
  $38,548$69,021
  $45,982$85,028
  Population by Occupation
  0.0%1.2%
  4.9%0.5%
  2.8%6.8%
  0.5%10.0%
  0.0%2.5%
  28.2%11.0%
  2.6%4.8%
  3.1%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  8.7%7.6%
  0.5%0.1%
  0.0%4.2%
  5.6%9.3%
  22.3%14.0%
  2.6%2.1%
  2.3%7.0%
  7.4%4.8%
  8.5%4.7%
Reviews for Clintwood
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Over 14 years ago

People here still leave their doors unlocked. Virtually no crime, except for prescription drug use. But safe place to raise kids, can walk anywhere without  More

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