Boydton, VA is a vibrant city with plenty of local businesses to explore. Popular companies include Boydton Central Bank, Boydton Post Office, and Boydton Convenience Store. The cost of living in Boydton is relatively low compared to other cities in the US. The average 2 bedroom rent is $840 per month which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index is 96 versus 100 in the US making it slightly cheaper to buy groceries in Boydton than elsewhere. All this makes Boydton an ideal place for those looking for a budget-friendly city with plenty of amenities.
Boydton has an unemployment rate of 6.0%. The US average is 6.0%.
Boydton has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.
Tax Rates for Boydton
- The Sales Tax Rate for Boydton is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Boydton 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 Boydton
- The average income of a Boydton resident is $39,031 a year. The US average is $37,638 a year.
- The Median household income of a Boydton resident is $70,673 a year. The US average is $69,021 a year.