Forest, VA is a small town located in Virginia offering a peaceful atmosphere at an affordable price. The average 2 bedroom rent in Forest, VA is about $1,020, which is significantly cheaper than the national average of $1,430. There are many local companies that offer rental services for those looking to move to Forest such as Meyers Rentals and Premier Properties LLC. Additionally, the grocery cost index in Forest is 101 compared to the national average of 100 which shows that it is slightly more expensive than the national average but not by much. All in all, Forest, VA offers citizens a tranquil setting with similar prices to most other cities making it a great option for those wanting to live on a budget.
Forest has an unemployment rate of 4.7%. The US average is 6.0%.
Forest has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Forest
- The Sales Tax Rate for Forest is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Forest 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 Forest
- The average income of a Forest resident is $32,881 a year. The US average is $28,555 a year.
- The Median household income of a Forest resident is $80,000 a year. The US average is $69,021 a year.