Gloucester Courthouse, VA is a vibrant city located in the state of Virginia. It is home to a variety of businesses and organizations such as Gloucester County Public Schools, Walgreens, Gloucester Library System, and more. One of the most notable features about this city is its affordable cost of living. Rent for a two-bedroom apartment averages around $1,320 while the average rent for two bedrooms in the United States is $1,430. Additionally, grocery costs in Gloucester Courthouse are slightly lower than in the US at 99 compared to 100 nationally. This makes it an ideal place for those looking to live economically without sacrificing quality of life.
Gloucester Courthouse has an unemployment rate of 4.5%. The US average is 6.0%.
Gloucester Courthouse has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Gloucester Courthouse
- The Sales Tax Rate for Gloucester Courthouse is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Gloucester Courthouse 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 Gloucester Courthouse
- The average income of a Gloucester Courthouse resident is $23,870 a year. The US average is $28,555 a year.
- The Median household income of a Gloucester Courthouse resident is $54,196 a year. The US average is $69,021 a year.