Blackstone, VA Economy


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United States / Virginia / No Metro Area / Nottoway County / Blackstone / Zip Codes
Blackstone, VA is a small town located in Nottoway County and is known for its warm hospitality. It has a strong economy with multiple local companies, including Blackstone Building Supply, Pioneer Concrete, and Blackstone Automotive. The average two-bedroom rent in Blackstone is $1,050 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Blackstone is 95 compared to 100 nationally. All of these factors contribute to making Blackstone an attractive place to work and live.

Blackstone has an unemployment rate of 4.9%. The US average is 6.0%.

Blackstone has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Blackstone
- The Sales Tax Rate for Blackstone is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Blackstone 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 Blackstone
- The average income of a Blackstone resident is $21,723 a year. The US average is $28,555 a year.
- The Median household income of a Blackstone resident is $53,800 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlackstone, VirginiaUnited States
  4.96
  -4.9%-6.2%
  26.0%33.5%
  5.3%6.2%
  5.8%4.6%
  $43,102$37,638
  $53,800$69,021
  $72,734$85,028
  Population by Occupation
  3.0%1.2%
  0.0%0.5%
  3.5%6.8%
  2.2%10.0%
  0.0%2.5%
  17.4%11.0%
  12.5%4.8%
  1.0%0.8%
  0.0%1.9%
  0.9%4.7%
  0.0%1.9%
  9.4%7.6%
  0.0%0.1%
  8.7%4.2%
  4.9%9.3%
  18.4%14.0%
  1.7%2.1%
  8.8%7.0%
  4.9%4.8%
  2.9%4.7%
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If you have not ventured to the quaint little town just off or route 460 East, you may want to in the near future. Blackstone is a designated Main Street Community and  More

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