Kenbridge, Virginia is a small town with a population of only 2,400 people. Despite its size, it offers its residents many benefits such as low rent for two-bedroom apartments at $790 compared to the national average of $1,430, as well as lower grocery costs at 95 on the cost index compared to the US average of 100. Local businesses and organizations in Kenbridge include WNEX Radio Station, G & H Manufacturing Co., Inc., Kenetha’s Beauty World, and the Community Outreach Center. These establishments offer employment opportunities for citizens of Kenbridge and are committed to helping build strong community bonds throughout the area.
Kenbridge has an unemployment rate of 4.8%. The US average is 6.0%.
Kenbridge has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Kenbridge
- The Sales Tax Rate for Kenbridge is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Kenbridge 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 Kenbridge
- The average income of a Kenbridge resident is $20,677 a year. The US average is $37,638 a year.
- The Median household income of a Kenbridge resident is $46,510 a year. The US average is $69,021 a year.