La Vale, MD is a small town located in Allegany County with a population of about 1,100 people. It is home to many local businesses ranging from agricultural processing to retail stores. The most prominent companies are La Vale Food Processing Company and Exeter Retail Stores. La Vale Food Processing Company specializes in the production of fresh fruits and vegetables that are sold nationally. Exeter Retail Stores is a successful chain that offers a variety of products such as clothing, electronics, furniture, and home supplies for both residential and commercial customers. Both companies have been serving the residents of La Vale for many years and continue to provide quality service at competitive prices.
La Vale has an unemployment rate of 6.9%. The US average is 6.0%.
La Vale has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for La Vale
- The Sales Tax Rate for La Vale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for La Vale is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for La Vale
- The average income of a La Vale resident is $31,089 a year. The US average is $28,555 a year.
- The Median household income of a La Vale resident is $70,852 a year. The US average is $69,021 a year.