Cascades, VA Economy


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Cascades, VA is a small town located in the northern part of the state. It has a rich history and culture, and its residents enjoy access to plenty of outdoor activities such as hiking, fishing, and camping. There are also several businesses located in Cascades including Cascades Cafe, a popular local eatery; MooreTech Solutions, a computer repair company; and Cascades Tire & Auto Repair Center. The 2 bedroom rent in Cascades is $1,980 compared to an average 2 bedroom rent of $1,430 across the United States. Additionally, the grocery cost index in Cascades is 113 versus 100 in the US which indicates that groceries there are slightly more expensive than most parts of the country.

Cascades has an unemployment rate of 4.1%. The US average is 6.0%.

Cascades has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 43.0%, which is higher than the US average of 33.5%.

Tax Rates for Cascades
- The Sales Tax Rate for Cascades is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cascades 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 Cascades
- The average income of a Cascades resident is $57,327 a year. The US average is $28,555 a year.
- The Median household income of a Cascades resident is $149,349 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCascades, VirginiaUnited States
  4.16
  -5.3%-6.2%
  43.0%33.5%
  6.0%6.2%
  5.8%4.6%
  $63,761$37,638
  $149,349$69,021
  $171,698$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  1.2%6.8%
  4.2%10.0%
  1.3%2.5%
  7.1%11.0%
  2.5%4.8%
  1.6%0.8%
  4.7%1.9%
  5.6%4.7%
  2.6%1.9%
  30.3%7.6%
  0.1%0.1%
  2.1%4.2%
  8.7%9.3%
  7.8%14.0%
  2.7%2.1%
  2.6%7.0%
  3.8%4.8%
  10.6%4.7%
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