Jarratt, VA is a small town located in Sussex County, which is known for its rural charm and sense of community. The city has a population of just over 1,500 people and offers a tranquil atmosphere for those seeking a laid-back lifestyle. The cost of living in Jarratt is fairly low with 2 bedroom rent coming in at just over $1,000 per month and the Grocery Cost Index being 93 compared to 100 nationally. As far as businesses in the area, there are several local companies such as Jarratt Tire & Auto, Jarratt Veterinary Clinic, and BB&T Bank which serve the community. All in all, Jarratt provides residents with an affordable yet comfortable place to live surrounded by natural beauty.
Jarratt has an unemployment rate of 6.3%. The US average is 6.0%.
Jarratt has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Jarratt
- The Sales Tax Rate for Jarratt is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Jarratt 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 Jarratt
- The average income of a Jarratt resident is $20,020 a year. The US average is $28,555 a year.
- The Median household income of a Jarratt resident is $61,071 a year. The US average is $69,021 a year.