Union Hall, VA Economy


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Union Hall, VA is a small town located in southwestern Virginia with a population of around 1,000 people. It is known for its quiet atmosphere and friendly locals. There are several local companies in Union Hall such as Union Hall Grocery, ABC Pharmacy, and Main Street Automotive. The cost of living in Union Hall is relatively low compared to other parts of the state. For example, rent for a two bedroom unit averages $890 per month while it would cost $1,430 on average to rent the same size unit in the US. Additionally, the grocery cost index is 107 versus 100 in the US meaning that groceries would be 7% more expensive than average costs across the country.

Union Hall has an unemployment rate of 4.8%. The US average is 6.0%.

Union Hall has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.

Tax Rates for Union Hall
- The Sales Tax Rate for Union Hall is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Union Hall 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 Union Hall
- The average income of a Union Hall resident is $69,197 a year. The US average is $37,638 a year.
- The Median household income of a Union Hall resident is $98,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUnion Hall, VirginiaUnited States
  4.86
  -5.0%-6.2%
  28.4%33.5%
  5.3%6.2%
  5.8%4.6%
  $69,197$37,638
  $98,125$69,021
  $103,472$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.1%6.8%
  18.9%10.0%
  3.2%2.5%
  17.3%11.0%
  5.3%4.8%
  0.0%0.8%
  1.6%1.9%
  2.0%4.7%
  0.0%1.9%
  15.2%7.6%
  0.0%0.1%
  5.9%4.2%
  3.9%9.3%
  7.7%14.0%
  0.0%2.1%
  6.3%7.0%
  2.0%4.8%
  3.7%4.7%
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