Captains Cove, VA is a charming small town located on the Eastern Shore of Virginia. It is known for its pristine beaches, lovely marinas and historical sites. The town also provides locals with a variety of services including grocery stores, clothing boutiques, restaurants, cafés and banks. In terms of cost comparison to other locations in the US, Captains Cove is relatively cheap. A 2 bedroom apartment rent costs $780 which is significantly lower than the US average of $1,430. The Grocery Cost Index for Captains Cove is 97 compared to the US average of 100; this means that groceries are slightly cheaper here than elsewhere in the US. Some local businesses include Captain’s Cove Seafood Grill & Marina Restaurant, Captain’s Quarters Restaurant and Waterfront Inn and Rusty Bucket General Store.
Captains Cove has an unemployment rate of 6.1%. The US average is 6.0%.
Captains Cove has seen the job market increase by 2.0% 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 Captains Cove
- The Sales Tax Rate for Captains Cove is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Captains Cove 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 Captains Cove
- The average income of a Captains Cove resident is $26,690 a year. The US average is $28,555 a year.
- The Median household income of a Captains Cove resident is $61,655 a year. The US average is $69,021 a year.