Esmont, VA is a small town located in Albemarle County. It offers a peaceful atmosphere with plenty of outdoor activities to keep residents busy. There are several local businesses that contribute to the economy including a grocery store, farm supply store, pharmacy, hardware store and auto parts shop. The cost of living in Esmont is quite affordable compared to the US as a whole; rent for a two-bedroom apartment is about $1,170 while the national average is more than $1,430 and the Grocery Cost Index in Esmont is 96 versus 100 nationally. All in all, Esmont is an ideal location for those looking for affordability along with plenty of outdoor activities to enjoy.
Esmont has an unemployment rate of 4.3%. The US average is 6.0%.
Esmont has seen the job market increase by 3.8% over the last year. Future job growth over the next ten years is predicted to be 42.1%, which is higher than the US average of 33.5%.
Tax Rates for Esmont
- The Sales Tax Rate for Esmont is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Esmont 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 Esmont
- The average income of a Esmont resident is $15,703 a year. The US average is $28,555 a year.
- The Median household income of a Esmont resident is $56,667 a year. The US average is $69,021 a year.