Clinchco, VA is a small town located in Dickenson County, Virginia. It has a population of around 400 people and it's home to many local businesses such as The Clinchco General Store and Clinchco Mini Mart. The cost of living in Clinchco is much lower than that of the US as a whole - for example, the 2 bedroom rent in Clinchco is $710 compared to $1,430 on average across the US. Similarly, grocery costs are also lower in Clinchco with their index standing at 94 compared to 100 throughout the US. All things considered, living in Clinchco is an affordable option for those looking to have access to essential services at an affordable price.
Clinchco has an unemployment rate of 6.9%. The US average is 6.0%.
Clinchco has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 5.3%, which is lower than the US average of 33.5%.
Tax Rates for Clinchco
- The Sales Tax Rate for Clinchco is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Clinchco 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 Clinchco
- The average income of a Clinchco resident is $12,603 a year. The US average is $28,555 a year.
- The Median household income of a Clinchco resident is $20,000 a year. The US average is $69,021 a year.