Matoaca, VA is an excellent place to live and work. The town offers its residents an affordable cost of living with 2 bedroom rent at $1,150 compared to the US average of $1,430. Grocery costs in Matoaca are also lower than the national average with a grocery cost index of 95 versus 100 in the US. It is no wonder this quaint town has become such a popular place to settle down.
Matoaca offers plenty of activities to suit everyone's interests, from shopping and dining to outdoor recreation. Popular local companies include Matoaca Shopping Center, Celebrations by Sarena Bakery and Café, Beale Wines & Spirits Store, and CX Technologies. For those looking for a little outdoor adventure there are several parks nearby such as Pocahontas State Park and Swift Creek Lake Park. No matter what you're looking for Matoaca has something for everyone!
Matoaca has an unemployment rate of 4.8%. The US average is 6.0%.
Matoaca has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Matoaca
- The Sales Tax Rate for Matoaca is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Matoaca 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 Matoaca
- The average income of a Matoaca resident is $23,457 a year. The US average is $28,555 a year.
- The Median household income of a Matoaca resident is $55,449 a year. The US average is $69,021 a year.