Craigsville, VA is a small town in Augusta County that offers a low-cost living alternative to its larger neighboring cities. Residents in Craigsville benefit from lower rental costs for two bedroom apartments at $830 per month compared to the US average of $1,430. Additionally, Craigsville has a local grocery store with an index score of 94 versus 100 in the US, making food prices even more affordable. Local businesses in Craigsville include small-scale stores such as The Country Store and Craigsville Family Pharmacy as well as restaurants like El Toro Mexican Restaurant and More Than Just Subs. With its lower rental and grocery costs, Craigsville provides a great place to live with an overall low cost of living.
Craigsville has an unemployment rate of 4.1%. The US average is 6.0%.
Craigsville has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Craigsville
- The Sales Tax Rate for Craigsville is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Craigsville 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 Craigsville
- The average income of a Craigsville resident is $17,126 a year. The US average is $28,555 a year.
- The Median household income of a Craigsville resident is $34,583 a year. The US average is $69,021 a year.