Claypool Hill, VA is a small town in Virginia with an affordable cost of living. The median 2 bedroom rent in Claypool Hill is $890 compared to the US median of $1,430. Additionally, the Grocery Cost Index in Claypool Hill is 94 versus 100 in the US as an indication of a lower cost of living. \nSome local businesses operating in Claypool Hill include Bank of America, Walmart Supercenter, and Dollar General. These and other locally-owned businesses provide service to the citizens of Claypool Hill and contribute to its vibrant economy.
Claypool Hill has an unemployment rate of 6.3%. The US average is 6.0%.
Claypool Hill has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Claypool Hill
- The Sales Tax Rate for Claypool Hill is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Claypool Hill 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 Claypool Hill
- The average income of a Claypool Hill resident is $26,820 a year. The US average is $37,638 a year.
- The Median household income of a Claypool Hill resident is $39,485 a year. The US average is $69,021 a year.