Mineral, VA is a small town located in Louisa County, Virginia. It is known for its historic downtown shopping area and its proximity to Lake Anna State Park. The cost of living in Mineral is lower than that of the US on average, with two bedroom rent at $990 as opposed to $1,430 nationally. In addition, grocery prices are also slightly lower than the national average with an index score of 100 versus 100 in the US. Popular local businesses include Mineral Hardware and Petals & Pots Florist. There are also several restaurants including 39 Diner and Old Towne Café. Mineral is a great place to settle down or enjoy a weekend getaway due to its affordability and close proximity to nature reserves and other attractions.
Mineral has an unemployment rate of 4.3%. The US average is 6.0%.
Mineral has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Mineral
- The Sales Tax Rate for Mineral is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Mineral 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 Mineral
- The average income of a Mineral resident is $18,716 a year. The US average is $28,555 a year.
- The Median household income of a Mineral resident is $53,158 a year. The US average is $69,021 a year.