Broadway, VA is a small town situated in the Shenandoah Valley with a population of around 2,000 people. The area offers a peaceful and quiet atmosphere to those looking for an escape from city life. The average 2 bedroom rent is $920 which is significantly cheaper than the US average of $1,430. Additionally, the Grocery Cost Index in Broadway, VA is 97 versus 100 in the US meaning that groceries are more affordable in this area.
The town’s main attractions include the Sweet Caroline’s Bakery & Cafe for fresh breads and pastries and The Country Lamp Restaurant for home-cooked meals. Additionally, Broadway has a number of local businesses such as Allred Taxidermy and Apple Valley Farm Market offering unique services to residents. Amenities near Broadway include several parks for outdoor recreation such as Zachary Taylor Park and Fort Valley Stables offering horseback riding lessons to those interested in exploring nature on horseback.
Broadway has an unemployment rate of 4.0%. The US average is 6.0%.
Broadway has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Broadway
- The Sales Tax Rate for Broadway is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Broadway 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 Broadway
- The average income of a Broadway resident is $22,432 a year. The US average is $28,555 a year.
- The Median household income of a Broadway resident is $57,878 a year. The US average is $69,021 a year.