Gargatha, VA is a small town located in the US with a low population. The cost of living is relatively low in comparison to other towns and cities in the US, with an average rent for a two bedroom apartment being around $780. The Grocery Cost Index is also lower than the US average, at 94 versus 100.
The town has many local businesses which contribute to its economy and community. Popular companies include Gargatha Automotives, a full-service auto shop established in 1987 that provides quality repairs and maintenance for all types of vehicles; Lighthouse Financial Planning, a financial firm providing personalized financial consulting services; and Apothecary Drug Store, an independent pharmacy offering traditional prescription filling services as well as over-the-counter medications. All these businesses provide important services and resources within Gargatha, VA.
Gargatha has an unemployment rate of 6.1%. The US average is 6.0%.
Gargatha has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Gargatha
- The Sales Tax Rate for Gargatha is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Gargatha 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 Gargatha
- The average income of a Gargatha resident is $30,029 a year. The US average is $37,638 a year.
- The Median household income of a Gargatha resident is $0 a year. The US average is $69,021 a year.