Chase City, VA Economy


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United States / Virginia / No Metro Area / Mecklenburg County / Chase City / Zip Codes
Chase City, VA is a small rural town with a population of 2,296. It offers quiet and peaceful surroundings and is home to several local businesses such as Chase City Country Club, Lola's Diner, and Harris Auto Parts Inc. The cost of living in Chase City is much more affordable than the US average. A two bedroom rental costs $740 per month while the same rental in the US would cost $1,430 per month. In addition, the grocery cost index for Chase City is 94 compared to 100 on average in the US.

Chase City has an unemployment rate of 6.0%. The US average is 6.0%.

Chase City has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.

Tax Rates for Chase City
- The Sales Tax Rate for Chase City is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Chase City 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 Chase City
- The average income of a Chase City resident is $16,932 a year. The US average is $28,555 a year.
- The Median household income of a Chase City resident is $40,239 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChase City, VirginiaUnited States
  66
  -3.6%-6.2%
  19.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $22,998$37,638
  $40,239$69,021
  $48,313$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  0.9%6.8%
  19.9%10.0%
  0.0%2.5%
  9.1%11.0%
  5.1%4.8%
  0.0%0.8%
  0.0%1.9%
  2.4%4.7%
  0.0%1.9%
  3.8%7.6%
  0.0%0.1%
  3.9%4.2%
  11.3%9.3%
  17.0%14.0%
  0.4%2.1%
  8.7%7.0%
  2.7%4.8%
  14.0%4.7%
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