Elliston, VA Economy


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Elliston, VA is a small town located in Montgomery County. It is home to some local businesses such as the Elliston Country Store, Elliston Fire Department, and Elliston Family Dentistry. The cost of living in Elliston is quite affordable. Rent for a two-bedroom apartment can be found for around $840 per month compared to the US average of $1,430. Additionally, the grocery cost index in Elliston is 96 versus 100 in the US. All of these factors contribute to a low cost of living that makes Elliston an attractive option for those looking to move to the area.

Elliston has an unemployment rate of 3.9%. The US average is 6.0%.

Elliston has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.

Tax Rates for Elliston
- The Sales Tax Rate for Elliston is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Elliston 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 Elliston
- The average income of a Elliston resident is $25,685 a year. The US average is $37,638 a year.
- The Median household income of a Elliston resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElliston, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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