Virginia, NE Economy


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Virginia, NE is an attractive and affordable place to live. It features a low cost of living with its 2 bedroom rent averaging only $820 compared to the national average of $1,430. This makes it possible for individuals and families to live comfortably in Virginia. The grocery cost index in Virginia is 94 versus 100 in the US making it easier to save on food costs. There are a variety of local businesses in Virginia including Lions Den Restaurant & Lounge, Bruhn's Produce, Pawn1st Outlet Store, and K&G Lumber & Supply Co. All of these businesses make Virginia an ideal place to call home as they offer residents convenience and value.

Virginia has an unemployment rate of 2.8%. The US average is 6.0%.

Virginia has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.

Tax Rates for Virginia
- The Sales Tax Rate for Virginia is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Virginia is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Virginia
- The average income of a Virginia resident is $18,867 a year. The US average is $28,555 a year.
- The Median household income of a Virginia resident is $49,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVirginia, NebraskaUnited States
  2.86
  -2.2%-6.2%
  23.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $28,804$37,638
  $49,375$69,021
  $56,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.2%6.8%
  25.0%10.0%
  0.0%2.5%
  0.0%11.0%
  25.0%4.8%
  0.0%0.8%
  0.0%1.9%
  8.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  8.3%9.3%
  16.7%14.0%
  0.0%2.1%
  0.0%7.0%
  4.2%4.8%
  8.3%4.7%
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