Gwynn, VA is a small town located in the northern part of Virginia. It offers a peaceful atmosphere with its lush green landscapes, making it an ideal place to live. Local businesses include Gwynn Pharmacy, Gwynn Grocery Store, Gwynn Hardware Store, and Gwynn Auto Supply. The cost of living in Gwynn is lower than the national average, with two bedroom rent costing around $1,050 compared to $1,430 nationally. This makes it easier for residents to make ends meet as groceries are also more affordable in this area as the grocery cost index is 101 versus 100 in the US.
Gwynn has an unemployment rate of 4.0%. The US average is 6.0%.
Gwynn 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 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Gwynn
- The Sales Tax Rate for Gwynn is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Gwynn 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 Gwynn
- The average income of a Gwynn resident is $38,425 a year. The US average is $28,555 a year.
- The Median household income of a Gwynn resident is $80,706 a year. The US average is $69,021 a year.