Tangier, VA is a small town in Accomack County located on an island of the same name. It is known for its unique and vibrant culture that has drawn many to this town. It is also well known for its affordable living with the median two bedroom rent at $790 compared to the US median of $1,430. The grocery cost index is 93 which is lower than the national average of 100 which makes it more cost-effective than elsewhere. Local businesses such as Tangier Shopping Center, The Wild Pony Café, and Island Pharmacy are popular among both locals and tourists alike. Tangier is a great place to live or visit due its affordability and accessibility to other areas of Virginia.
Tangier has an unemployment rate of 6.1%. The US average is 6.0%.
Tangier 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 Tangier
- The Sales Tax Rate for Tangier is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Tangier 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 Tangier
- The average income of a Tangier resident is $20,564 a year. The US average is $28,555 a year.
- The Median household income of a Tangier resident is $31,875 a year. The US average is $69,021 a year.