Bobtown, VA is a small town with a population of around 1,000 people. It has an attractive cost of living for residents with two bedroom rent coming in at $780 compared to the US average of $1,430. Grocery costs also come in lower than in other parts of the United States with the cost index at 96 versus 100 nationally. \nThe town is home to a variety of local companies and businesses, including Bobtown Pizza & Pub, Bobtown Auto Repair, Bobtown Hardware Store and Bobtown Country Club. There are also several local churches and parks in the area as well as nearby hiking trails. Residents enjoy easy access to larger cities like Richmond and Charlottesville for work or entertainment opportunities.
Bobtown has an unemployment rate of 6.1%. The US average is 6.0%.
Bobtown has seen the job market decrease by -6.9% 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 Bobtown
- The Sales Tax Rate for Bobtown is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Bobtown 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 Bobtown
- The average income of a Bobtown resident is $81,955 a year. The US average is $37,638 a year.
- The Median household income of a Bobtown resident is $0 a year. The US average is $69,021 a year.