Coeburn, VA is a small city located in the southwestern region of the state. It is known for its quiet atmosphere and affordable housing. The average two bedroom rent in Coeburn is just $800 per month, significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Coeburn is 93 versus 100 in the US, meaning that goods are generally cheaper than what they would cost elsewhere. Local companies include Osborne Brothers Hardware Store and Eastman's Gun Shop. Other notable points of interest include Clinch Mountain Zoo and Natural Tunnel State Park, both popular destinations for locals and visitors alike.
Coeburn has an unemployment rate of 6.7%. The US average is 6.0%.
Coeburn has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 9.9%, which is lower than the US average of 33.5%.
Tax Rates for Coeburn
- The Sales Tax Rate for Coeburn is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Coeburn 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 Coeburn
- The average income of a Coeburn resident is $16,443 a year. The US average is $28,555 a year.
- The Median household income of a Coeburn resident is $48,714 a year. The US average is $69,021 a year.