Saxis, VA is a small town situated in the eastern part of Virginia. It's a quaint place with an abundance of natural beauty, making it the perfect place to settle down. With two bedroom rent at just $780, compared to the US average of $1,430, Saxis is surprisingly much more affordable than many other areas in the US. Furthermore, its Grocery Cost Index of 93 is lower than the national average of 100. This means that groceries are also cheaper in Saxis than most places in America. The local economy has plenty of companies for residents to work at such as Saxis Market & Deli, Little Creek Marina and Oyster Co., Inc., and Hickory Hill Farms. In short, Saxis provides great value for those looking for an affordable and beautiful place to call home.
Saxis has an unemployment rate of 6.1%. The US average is 6.0%.
Saxis 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 Saxis
- The Sales Tax Rate for Saxis is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Saxis 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 Saxis
- The average income of a Saxis resident is $22,796 a year. The US average is $28,555 a year.
- The Median household income of a Saxis resident is $35,417 a year. The US average is $69,021 a year.