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Harborton, VA Economy
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United States
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Virginia
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Accomack County
/ Harborton /
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Harborton, VA is a great place to live due to its affordability. Rent for a two-bedroom apartment in Harborton is around $780, which is much lower than the average US 2 bedroom rent of $1,430. Additionally, grocery costs are relatively low; Harborton’s Grocery Cost Index of 96 is slightly below the US index of 100. This makes it an attractive option for families on a budget or those who want to save money.
The area also provides residents with plenty of opportunities for work. Companies such as Walmart, Lowe's Home Improvement, and Walgreens provide numerous employment opportunities for local residents. Furthermore, since Harborton offers affordable living and ample job opportunities businesses in the area stand to benefit from this attractive combination. Businesses can take advantage of the low cost of living by offering competitive salaries while still being able to remain profitable due to decreased operating costs.
Income by Population Percent
Economy
Harborton, Virginia
United States
Unemployment Rate
6.1
6
Recent Job Growth
-6.9%
-6.2%
Future Job Growth
30.2%
33.5%
Sales Taxes
5.3%
6.2%
Income Tax
5.8%
4.6%
Income per Cap.
$38,656
$37,638
Household Income
69021
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