Fort Chiswell, VA is a small town located in Wythe County with a tranquil atmosphere. Local businesses include Colonial Executive Inn, Fort Chiswell Animal Clinic, and Nature's Nook Nursery. Despite its small size, the cost of living in Fort Chiswell is relatively high. The 2 bedroom rent in Fort Chiswell is $810 which is more than half of the US average ($1,430). The grocery cost index in Fort Chiswell (96) is also significantly lower than the national average (100). Thus, residents of Fort Chiswell must consider these factors when determining whether to live there or not.
Fort Chiswell has an unemployment rate of 5.3%. The US average is 6.0%.
Fort Chiswell has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Fort Chiswell
- The Sales Tax Rate for Fort Chiswell is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Fort Chiswell 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 Fort Chiswell
- The average income of a Fort Chiswell resident is $21,637 a year. The US average is $28,555 a year.
- The Median household income of a Fort Chiswell resident is $70,139 a year. The US average is $69,021 a year.