Apple Mountain Lake, VA is a small town in Virginia offering beautiful mountain views and a quiet atmosphere. It offers a much lower cost of living than the rest of the country; for example, the average two bedroom rent is $1,510 compared to the US average of $1,430. It's also cheaper to buy groceries in Apple Mountain Lake with its grocery cost index standing at 106 versus 100 in the US. Popular companies based in Apple Mountain Lake include Quality Auto Sales & Repair, Jeffersons Corner Cafe & Bakery, and The Country Store. All of these businesses offer competitive prices as well as excellent customer service. Overall, Apple Mountain Lake provides a great way for families and individuals looking for a more affordable lifestyle to settle down while still having access to modern amenities.
Apple Mountain Lake has an unemployment rate of 4.7%. The US average is 6.0%.
Apple Mountain Lake has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Apple Mountain Lake
- The Sales Tax Rate for Apple Mountain Lake is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Apple Mountain Lake 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 Apple Mountain Lake
- The average income of a Apple Mountain Lake resident is $27,465 a year. The US average is $28,555 a year.
- The Median household income of a Apple Mountain Lake resident is $94,097 a year. The US average is $69,021 a year.