Dayton, VA Economy


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Dayton, VA is a small town with a population of approximately 1,000 people. The cost of living in Dayton is relatively low compared to the US as whole; rent for two-bedrooms is only $890 per month, while the average two bedroom rent in the US is $1,430 monthly. Additionally, grocery costs in Dayton are 97 versus 100 on the US Grocery Cost Index. There are many local businesses that contribute to Dayton's economy such as Day's True Value Hardware Store and Taylor’s Barber Shop. Overall, Dayton is an affordable place to live with plenty of local job opportunities and businesses.

Dayton has an unemployment rate of 4.0%. The US average is 6.0%.

Dayton has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.

Tax Rates for Dayton
- The Sales Tax Rate for Dayton is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Dayton 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 Dayton
- The average income of a Dayton resident is $24,154 a year. The US average is $28,555 a year.
- The Median household income of a Dayton resident is $68,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDayton, VirginiaUnited States
  46
  -5.4%-6.2%
  35.1%33.5%
  5.3%6.2%
  5.8%4.6%
  $35,219$37,638
  $68,333$69,021
  $87,557$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  4.0%6.8%
  17.7%10.0%
  2.5%2.5%
  4.8%11.0%
  8.3%4.8%
  0.3%0.8%
  3.1%1.9%
  8.8%4.7%
  1.4%1.9%
  3.1%7.6%
  0.0%0.1%
  3.0%4.2%
  20.3%9.3%
  9.5%14.0%
  1.2%2.1%
  5.1%7.0%
  4.0%4.8%
  1.9%4.7%
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