Glasgow, VA is a small community located in the south-eastern portion of Virginia. It has a population of around 4,000 people and is known for its rural atmosphere. It offers great outdoor recreational opportunities such as fishing, hunting, boating, and camping. In terms of rent for 2 bedrooms, it is much cheaper than most parts of the US at $860 a month while the average rent for two bedrooms in the US being $1,430. Grocery costs are also lower with Glasgow's index being 96 compared to 100 for the US on average. Some local businesses include Yopp's Grocery Store, The Market Place Cafe & Bakery, Glasgow Bottle Shop & Deli and Packages Plus Tobacco Shoppe. Overall, Glasgow has a lower cost of living than most parts of the US making it an attractive option for many people looking for a more rural lifestyle.
Glasgow has an unemployment rate of 4.9%. The US average is 6.0%.
Glasgow has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Glasgow
- The Sales Tax Rate for Glasgow is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Glasgow 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 Glasgow
- The average income of a Glasgow resident is $16,104 a year. The US average is $28,555 a year.
- The Median household income of a Glasgow resident is $38,814 a year. The US average is $69,021 a year.