Scottsville, VA Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Scottsville, VA is a small town located in the Piedmont region of Virginia. With a population of 1,844 people as of 2020, this quaint historic town offers much to explore. The cost of living in Scottsville is exceptionally affordable with a two bedroom rent at $1,180 compared to the US average of $1,430. The grocery cost index is also lower than the US average, 97 versus 100 respectively.
Residents have access to many essential amenities such as supermarkets, banks, churches and libraries. The town also boasts several local businesses including Scottsville Pharmacy and Central Garage for all your automotive needs, and the popular eatery Scottys Drive In Restaurant. There are plenty of things for visitors to do as well; outdoor activities include visiting James River State Park and Mechums River which offers scenic hiking trails along its banks. Other popular attractions include the Historic White Hall Plantation which showcases colonial-era architecture and serves as an educational center for local schools or groups that visit.

Scottsville has an unemployment rate of 4.3%. The US average is 6.0%.

Scottsville has seen the job market increase by 3.8% over the last year. Future job growth over the next ten years is predicted to be 42.1%, which is higher than the US average of 33.5%.

Tax Rates for Scottsville
- The Sales Tax Rate for Scottsville is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Scottsville 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 Scottsville
- The average income of a Scottsville resident is $25,019 a year. The US average is $28,555 a year.
- The Median household income of a Scottsville resident is $58,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyScottsville, VirginiaUnited States
  4.36
  -7.3%-6.2%
  42.1%33.5%
  5.3%6.2%
  5.8%4.6%
  $30,589$37,638
  $58,333$69,021
  $88,625$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  7.3%6.8%
  10.6%10.0%
  1.5%2.5%
  0.4%11.0%
  0.0%4.8%
  0.0%0.8%
  1.5%1.9%
  4.0%4.7%
  1.8%1.9%
  3.7%7.6%
  0.0%0.1%
  2.6%4.2%
  10.3%9.3%
  16.9%14.0%
  0.0%2.1%
  20.9%7.0%
  11.4%4.8%
  3.7%4.7%
Health
Compare Scottsville, VA
cost of living
Compare food, housing, utilities, and more in Scottsville, Virginia to any other city in the US.