Edinburg, VA is a beautiful city located in Shenandoah Valley. It is home to many local businesses such as Shenandoah Valley Electric Cooperative, Edinburg Printing Company, and Stonewall Jackson Memorial Hospital. The cost of living in Edinburg is much lower than other cities in the US. For example, the average 2 bedroom rent in Edinburg is $960 compared to the US average of $1,430. Additionally, groceries cost about 5% more in Edinburg than the national average. This makes it an affordable and appealing place for people looking for a new home or second residence.
Edinburg has an unemployment rate of 4.6%. The US average is 6.0%.
Edinburg has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Edinburg
- The Sales Tax Rate for Edinburg is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Edinburg 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 Edinburg
- The average income of a Edinburg resident is $20,549 a year. The US average is $28,555 a year.
- The Median household income of a Edinburg resident is $68,603 a year. The US average is $69,021 a year.