Gratton, VA is a small town located in the Southside region of Virginia. The town has an affordable cost of living, with 2 bedroom rent being $770 per month compared to the US average of $1,430. Grocery Cost Index for Gratton is 94 compared to the US average of 100. Some local companies in Gratton are AutoZone and Walmart which offer automotive parts and general merchandise. Fast-food restaurants like McDonalds, KFC and Burger King are also found in this area. There are several medical facilities such as Gratton Medical Center, which offers primary care services and emergency services as well. Additionally, there is a library located within the city limits that serves as a community resource center for all citizens in Gratton.
Gratton has an unemployment rate of 6.3%. The US average is 6.0%.
Gratton has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Gratton
- The Sales Tax Rate for Gratton is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Gratton 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 Gratton
- The average income of a Gratton resident is $49,847 a year. The US average is $28,555 a year.
- The Median household income of a Gratton resident is $55,104 a year. The US average is $69,021 a year.