Rich Creek is a small town in Virginia with a population of approximately 1,500 people. It offers a unique small-town charm with access to nearby amenities such as shopping centers, restaurants, and other services. The cost of living in Rich Creek is quite affordable compared to the national average; for instance, 2 bedroom rent here averages $770 compared to the US average of $1,430. The Grocery Cost Index in Rich Creek is also very favorable at 96 versus 100 in the US. Some local companies that operate in Rich Creek are Saunders Automotive Repair, Vaughn's Sporting Goods, and Mandy's Boutique. With its low cost of living and quaint hometown atmosphere, Rich Creek is an attractive place to live for those seeking an affordable lifestyle while still having easy access to city amenities.
Rich Creek has an unemployment rate of 4.5%. The US average is 6.0%.
Rich Creek has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Rich Creek
- The Sales Tax Rate for Rich Creek is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Rich Creek 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 Rich Creek
- The average income of a Rich Creek resident is $21,861 a year. The US average is $28,555 a year.
- The Median household income of a Rich Creek resident is $31,375 a year. The US average is $69,021 a year.