Sudley, VA Economy


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Sudley, VA is a charming town offering plenty of amenities for people looking to live in the area. It has a variety of local businesses, such as restaurants and grocery stores, that make life more convenient for its residents. The average rent for two-bedrooms in Sudley is $1,860 compared to $1,430 nationally which makes it an attractive place to live due to its lower cost of living than some other areas. Additionally, Sudley has a Grocery Cost Index of 108 compared to the US average of 100 which means groceries are 8% more expensive than the national average; however this is still quite affordable. All these factors combined make Sudley, VA an ideal place to live.

Sudley has an unemployment rate of 5.2%. The US average is 6.0%.

Sudley has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Sudley
- The Sales Tax Rate for Sudley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sudley 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 Sudley
- The average income of a Sudley resident is $26,970 a year. The US average is $28,555 a year.
- The Median household income of a Sudley resident is $86,338 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySudley, VirginiaUnited States
  5.26
  -5.3%-6.2%
  38.8%33.5%
  6.0%6.2%
  5.8%4.6%
  $31,630$37,638
  $86,338$69,021
  $87,608$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  19.2%6.8%
  2.4%10.0%
  0.4%2.5%
  11.9%11.0%
  6.4%4.8%
  0.7%0.8%
  2.8%1.9%
  2.4%4.7%
  0.7%1.9%
  7.7%7.6%
  0.0%0.1%
  15.1%4.2%
  5.4%9.3%
  9.2%14.0%
  0.9%2.1%
  6.7%7.0%
  3.5%4.8%
  4.3%4.7%
Health
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