New Baltimore, VA is an excellent place to live if you are looking for a small town experience. With a 2 Bedroom rent of $2,190 compared to the US average of $1,430 it could be considered expensive but the Grocery Cost Index in New Baltimore is higher at 112 than the US average of 100 which makes it worth considering as a potential place to live. In New Baltimore you will find local companies such as Virginia Wine Country Tours, Greenbriar Veterinary Hospital, and The Chesapeake Inn that provide job opportunities and services to those living in the area.
New Baltimore has an unemployment rate of 3.9%. The US average is 6.0%.
New Baltimore has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for New Baltimore
- The Sales Tax Rate for New Baltimore is 5.3%. The US average is 7.3%.
- The Income Tax Rate for New Baltimore 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 New Baltimore
- The average income of a New Baltimore resident is $47,489 a year. The US average is $28,555 a year.
- The Median household income of a New Baltimore resident is $160,228 a year. The US average is $69,021 a year.