Hiwassee, VA is a small rural town located in the southwest portion of the state. It offers affordable living, with two bedroom rental costs being $850 compared to the national average of $1,430. Grocery costs in Hiwassee are also lower than across the country, with an index of 98 versus 100 nationally. Popular local companies include Hiwassee Community Library and Hiwassee Grill & Deli. The town also features popular attractions such as Creeper Trail Bike Rental and Adventure Tours and Hiwassee River Adventures kayak rentals. With its affordable prices and range of activities, Hiwassee is a great place to call home.
Hiwassee has an unemployment rate of 5.2%. The US average is 6.0%.
Hiwassee has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Hiwassee
- The Sales Tax Rate for Hiwassee is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Hiwassee 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 Hiwassee
- The average income of a Hiwassee resident is $18,502 a year. The US average is $28,555 a year.
- The Median household income of a Hiwassee resident is $68,250 a year. The US average is $69,021 a year.