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Iron Gate, VA Economy
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United States
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Virginia
/ No Metro Area /
Alleghany County
/ Iron Gate /
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EXPLORE IRON GATE
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Iron Gate, Virginia is a small rural town located in the Appalachian Mountains. It is known for its beautiful scenery and quaint atmosphere. Although it is a small town, there are many local companies and attractions to enjoy. Rent for two-bedroom apartments averages around $800 per month, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Iron Gate is 92 versus 100 in the US, which makes it an affordable place to live. Some local businesses include Iron Gate Auto Parts, Iron Gate Home Furnishings, and Iron Gate General Store. Popular attractions include The Caverns at Natural Bridge State Park and the Booker T Washington National Monument. Visitors can also enjoy outdoor activities such as hiking or fishing in nearby national forests which are abundant with wildlife.
Income by Population Percent
Economy
Iron Gate, Virginia
United States
Unemployment Rate
5.4
6
Recent Job Growth
-6.0%
-6.2%
Future Job Growth
19.5%
33.5%
Sales Taxes
5.3%
6.2%
Income Tax
5.8%
4.6%
Income per Cap.
$24,356
$37,638
Household Income
69021
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