Branchville, VA Economy


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United States / Virginia / No Metro Area / Southampton County / Branchville / Zip Codes
Branchville, VA is an attractive small town located in Virginia offering affordable 2 bedroom rent of $830 compared to the US average of $1,430. The cost of living is also lower than the US average with a Grocery Cost Index at 95 versus 100 in the US. Branchville offers plenty of local businesses to explore such as The Country Store, Thomas Automotive Services, and Branchville Deli & Catering. For those looking for an affordable place to call home while still experiencing all that city life has to offer, Branchville is an ideal choice.

Branchville has an unemployment rate of 4.5%. The US average is 6.0%.

Branchville has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Branchville
- The Sales Tax Rate for Branchville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Branchville 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 Branchville
- The average income of a Branchville resident is $15,498 a year. The US average is $28,555 a year.
- The Median household income of a Branchville resident is $71,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBranchville, VirginiaUnited States
  4.56
  -3.8%-6.2%
  20.4%33.5%
  6.0%6.2%
  5.8%4.6%
  $23,963$37,638
  $71,750$69,021
  $93,750$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  0.0%6.8%
  17.5%10.0%
  3.2%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  3.2%1.9%
  0.0%4.7%
  0.0%1.9%
  15.9%7.6%
  0.0%0.1%
  9.5%4.2%
  1.6%9.3%
  22.2%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  25.4%4.7%
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