Christiansburg, VA is a town located in Montgomery county that offers affordable living for families and individuals. With 2 bedroom rent averaging at $970, the cost of living is substantially lower compared to the US average of $1,430. Additionally, groceries are more economical since the Grocery Cost Index in Christiansburg is 99 versus 100 in the U.S. Popular local companies include New River Valley Mall, Honey Smoked Fish Co., Little River Roasting Co., and Gourmet Pantry Café & Bakery. Other popular activities around town include shopping at Valley View Mall and visiting Claytor Lake State Park.
Christiansburg has an unemployment rate of 3.9%. The US average is 6.0%.
Christiansburg has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Christiansburg
- The Sales Tax Rate for Christiansburg is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Christiansburg 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 Christiansburg
- The average income of a Christiansburg resident is $34,551 a year. The US average is $37,638 a year.
- The Median household income of a Christiansburg resident is $63,934 a year. The US average is $69,021 a year.