South Hill, VA is a town in Mecklenburg County located near the North Carolina border. The town offers residents a relaxing atmosphere with an affordable cost of living. The median two bedroom rent in South Hill is only $820 compared to the US median of $1,430. This makes it easy for families and individuals to find quality accommodation that matches their budget requirements. Moreover, groceries are also inexpensive in South Hill; its Grocery Cost Index is 95 versus 100 in the US. Local companies such as Charles Woodson Heating & Air Conditioning, Smith-Pak Furniture Company Inc., and Virginia Paving Company are some of the major employers in South Hill that contribute to its economy and provide work opportunities for residents.
South Hill has an unemployment rate of 6.0%. The US average is 6.0%.
South Hill has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.
Tax Rates for South Hill
- The Sales Tax Rate for South Hill is 5.3%. The US average is 7.3%.
- The Income Tax Rate for South Hill 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 South Hill
- The average income of a South Hill resident is $23,565 a year. The US average is $28,555 a year.
- The Median household income of a South Hill resident is $40,637 a year. The US average is $69,021 a year.