Horse Pasture, VA is an excellent place to live due to the low cost of living compared to the US. The average rent for a two-bedroom apartment in Horse Pasture is $780 while the national average is $1,430. The Grocery Cost Index in Horse Pasture is 93 versus 100 nationally, making groceries more affordable as well. Local companies include Zorax Inc., based on providing electronic payments solutions, and Merex Technology Solutions offering IT support services. With the lower costs of rent and goods in Horse Pasture, residents can enjoy life without having to worry about their budget.
Horse Pasture has an unemployment rate of 6.0%. The US average is 6.0%.
Horse Pasture has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Horse Pasture
- The Sales Tax Rate for Horse Pasture is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Horse Pasture 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 Horse Pasture
- The average income of a Horse Pasture resident is $20,923 a year. The US average is $28,555 a year.
- The Median household income of a Horse Pasture resident is $48,438 a year. The US average is $69,021 a year.