Emory, VA Economy


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Emory, VA is a small town located in the state of Virginia. It is known for its picturesque views and warm atmosphere, making it a great place to live. There are many local companies that offer a variety of services including retail stores, restaurants, and medical centers. The cost of living in Emory is also quite affordable with an average two-bedroom rent at $830 compared to the US average at $1,430. Additionally, the grocery cost index in Emory is 95 versus 100 in the US overall. This makes day to day living costs relatively low for residents.

Emory has an unemployment rate of 4.6%. The US average is 6.0%.

Emory has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Emory
- The Sales Tax Rate for Emory is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Emory 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 Emory
- The average income of a Emory resident is $16,517 a year. The US average is $28,555 a year.
- The Median household income of a Emory resident is $74,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEmory, VirginiaUnited States
  4.66
  -4.6%-6.2%
  29.1%33.5%
  5.3%6.2%
  5.8%4.6%
  $18,419$37,638
  $74,375$69,021
  $96,023$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  7.1%6.8%
  4.9%10.0%
  2.9%2.5%
  7.8%11.0%
  11.8%4.8%
  1.1%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.9%7.6%
  0.0%0.1%
  0.0%4.2%
  37.1%9.3%
  8.3%14.0%
  1.3%2.1%
  10.0%7.0%
  1.3%4.8%
  4.5%4.7%
Health
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