Fieldale, VA is a small town located in Henry County boasting a population of just over 2,200 people. The cost of living in Fieldale is relatively low with the average rent for two bedroom apartments being $700 and the Grocery Cost Index coming in at 92 versus the US average of 100. Despite its size, Fieldale has plenty to offer those who choose to call it home. Some notable local companies include Fieldale Farms Corporation--a poultry processing company; Frith Construction Company--a construction firm; and Ayers-Crocker Logging Company--a lumber business. All these businesses provide employment opportunities to the residents of Fieldale. In addition, Fieldale offers an array of outdoor activities such as hiking on Fairy Stone State Park or fishing at Philpott Lake. With all these great qualities combined, Fieldale makes for an excellent place to live and work.
Fieldale has an unemployment rate of 6.0%. The US average is 6.0%.
Fieldale has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Fieldale
- The Sales Tax Rate for Fieldale is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Fieldale 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 Fieldale
- The average income of a Fieldale resident is $15,142 a year. The US average is $28,555 a year.
- The Median household income of a Fieldale resident is $38,696 a year. The US average is $69,021 a year.