East Lexington, VA Economy


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United States / Virginia / No Metro Area / Rockbridge County / East Lexington / Zip Codes
East Lexington, VA is a vibrant city that provides its residents with a high quality of life. The rent for two bedrooms in East Lexington is more affordable than the national average, priced at $960 compared to $1,430. Additionally, the grocery cost index in East Lexington is the same as the US average at 100. Local businesses such as Cheese Market and East Coast Grocery have become staples in this community and provide essential services to locals. East Lexington is a great place to live for those looking for an affordable and diverse living experience.

East Lexington has an unemployment rate of 4.9%. The US average is 6.0%.

East Lexington has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for East Lexington
- The Sales Tax Rate for East Lexington is 5.3%. The US average is 7.3%.
- The Income Tax Rate for East Lexington 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 East Lexington
- The average income of a East Lexington resident is $21,755 a year. The US average is $28,555 a year.
- The Median household income of a East Lexington resident is $67,838 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Lexington, VirginiaUnited States
  4.96
  -6.6%-6.2%
  36.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $25,034$37,638
  $67,838$69,021
  $68,422$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.3%6.8%
  0.0%10.0%
  0.0%2.5%
  15.1%11.0%
  3.2%4.8%
  0.0%0.8%
  7.8%1.9%
  2.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  23.0%4.2%
  13.9%9.3%
  12.0%14.0%
  0.9%2.1%
  5.9%7.0%
  1.1%4.8%
  0.0%4.7%
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