Grundy, VA is a small town located in Buchanan County, Virginia. It offers its residents an excellent cost of living, with 2 bedroom rent being $780 compared to the US average of $1,430. The Grocery Cost Index in Grundy is 93 versus 100 in the US. \nThe town offers a range of exciting activities for residents and visitors alike; Outdoor enthusiasts will particularly appreciate the area's many hiking trails and nearby Appalachian Mountains. There are also a variety of local businesses including Johnson's Mini Mart and Grundy Automotive Supply, as well as popular attractions such as the Breaks Interstate Park and the McClure Theater.
Grundy has an unemployment rate of 8.8%. The US average is 6.0%.
Grundy has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.
Tax Rates for Grundy
- The Sales Tax Rate for Grundy is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Grundy 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 Grundy
- The average income of a Grundy resident is $21,788 a year. The US average is $28,555 a year.
- The Median household income of a Grundy resident is $46,406 a year. The US average is $69,021 a year.