Sedley, VA Economy


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United States / Virginia / No Metro Area / Southampton County / Sedley / Zip Codes
Sedley, VA is a great place to live due to its affordable cost of living. The average two bedroom rent is $970 which is almost one-third less than the national average of $1,430. Even grocery costs are lower with the index being 97 compared to 100 nationally. This makes it easy for residents to save money while enjoying a comfortable lifestyle. Sedley is home to many local businesses such as The Sedley Market, BJs Auto Repair, and Pelican Pigeon Pontoon Rentals. These companies provide a variety of products and services that benefit the community with their quality offerings.

Sedley has an unemployment rate of 4.5%. The US average is 6.0%.

Sedley has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Sedley
- The Sales Tax Rate for Sedley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sedley 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 Sedley
- The average income of a Sedley resident is $23,765 a year. The US average is $28,555 a year.
- The Median household income of a Sedley resident is $81,308 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySedley, VirginiaUnited States
  4.56
  -3.8%-6.2%
  20.4%33.5%
  6.0%6.2%
  5.8%4.6%
  $30,140$37,638
  $81,308$69,021
  $81,657$85,028
  Population by Occupation
  8.6%1.2%
  0.0%0.5%
  4.8%6.8%
  8.1%10.0%
  0.0%2.5%
  7.6%11.0%
  3.5%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  32.5%7.6%
  0.0%0.1%
  0.0%4.2%
  24.2%9.3%
  5.5%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  5.3%4.7%
Health
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