Captains Cove, VA Economy


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United States / Virginia / No Metro Area / Accomack County / Captains Cove / Zip Codes
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 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 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 $26,427 a year. The US average is $37,638 a year.
- The Median household income of a Captains Cove resident is $61,655 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCaptains Cove, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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