Accomac, VA is a small town in the Eastern Shore of Virginia known for its breathtaking views of the natural landscape and its friendly locals. It’s also known for its affordability; rent for a two-bedroom home is only $810 compared to the US average of $1,430. In addition to this savings, Accomac also offers a low Grocery Cost Index at 95 as opposed to 100 in the US. This makes it a great place for families and individuals looking to save money without sacrificing quality.
The local businesses in Accomac are widely diverse and include Bayfield Products, Delmarva Power Sports, Biggs Poultry Equipment Co., and more. Tourists can enjoy local attractions such as Cape Charles Beach & Park, Kiptopeke State Park, and many museums and historic sites scattered throughout the area. Accomac is also close to Chincoteague Island National Wildlife Refuge where visitors can spot wild ponies running along free beaches.
Accomac has an unemployment rate of 6.1%. The US average is 6.0%.
Accomac 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 Accomac
- The Sales Tax Rate for Accomac is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Accomac 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 Accomac
- The average income of a Accomac resident is $20,458 a year. The US average is $28,555 a year.
- The Median household income of a Accomac resident is $39,028 a year. The US average is $69,021 a year.