Keokee, VA Economy


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United States / Virginia / No Metro Area / Lee County / Keokee / Zip Codes
Keokee, VA is a small town located in Virginia with a population of roughly 500 people. The town has a strong sense of community, with many local businesses such as Keokee Groceries, Joe's Pizza, and Seven Bikes. Due to its small population size and rural location, Keokee is able to offer lower prices on rental costs compared to the national average; two bedroom rentals are just $800 compared to an average of $1,430 nationwide. Additionally, Keokee offers lower grocery costs than the US average; groceries typically cost 90 compared to 100 nationally. These savings are likely due to the low overhead costs associated with running a business in Keokee, as well as access to fresh produce from nearby farms in the area.

Keokee has an unemployment rate of 5.6%. The US average is 6.0%.

Keokee has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Keokee
- The Sales Tax Rate for Keokee is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Keokee 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 Keokee
- The average income of a Keokee resident is $16,358 a year. The US average is $37,638 a year.
- The Median household income of a Keokee resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKeokee, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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