Pungoteague, VA is an idyllic small town located on the Eastern Shore. It offers all the amenities of a larger city, but with a cozy atmosphere and cost of living. The average two bedroom rent in Pungoteague is $780, which is significantly cheaper than the national average of $1,430. Additionally, groceries are similarly priced; the Grocery Cost Index in Pungoteague is only 98 versus 100 in the US.
The area features several charming local businesses such as The Lucky Frog Antique Mall & Jewelry Shop and Booklover's Café. There are also lots of outdoor activities to explore such as camping at nearby Camp Teetonkah or fishing at Pocomoke River State Park. In addition to offering plenty of fun activities, Pungoteague has something for everyone: an ideal location for families and young professionals alike.
Pungoteague has an unemployment rate of 6.1%. The US average is 6.0%.
Pungoteague 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 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Pungoteague
- The Sales Tax Rate for Pungoteague is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Pungoteague 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 Pungoteague
- The average income of a Pungoteague resident is $19,858 a year. The US average is $28,555 a year.
- The Median household income of a Pungoteague resident is $118,214 a year. The US average is $69,021 a year.