Free Union, VA is a small town located in Albemarle County. The cost of living there is slightly higher than the US average, as evidenced by the 2 bedroom rent being $1,540 compared to the national average of $1,430. Groceries also cost more in Free Union than they do nationally, with a grocery cost index of 101 versus 100 in the US. The town is known for its quaint charm and natural beauty with local companies like Blue Ridge Mountain Rentals and Free Union Country Store offering goods and services to residents. All in all, Free Union caters to those who want a peaceful life away from city life yet still have access to great amenities.
Free Union has an unemployment rate of 4.3%. The US average is 6.0%.
Free Union has seen the job market decrease by -7.3% 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 Free Union
- The Sales Tax Rate for Free Union is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Free Union 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 Free Union
- The average income of a Free Union resident is $38,056 a year. The US average is $37,638 a year.
- The Median household income of a Free Union resident is $0 a year. The US average is $69,021 a year.