Long Branch, VA is a charming city located in the state of Virginia. It is well known for its beautiful scenery, lively atmosphere and friendly locals. The cost of living in Long Branch, VA is higher than the national average due to its high housing costs. A two bedroom rental in Long Branch costs an average of $2,530 per month compared to $1,430 nationally. Additionally, grocery costs are higher in Long Branch with an index rating of 114 compared to 100 nationally. Despite the higher cost of living, Long Branch is a great place to live and work as there are many business opportunities available for those wishing to live and work in the area. Notable local companies include E-commerce Solutions LLC, Apex Pharmacy Services, Advanced Manufacturing Technologies Inc., and Capital Health Care Network Inc. All in all, while living in Long Branch involves a slightly higher cost of living than other areas, it offers a unique quality of life that is hard to find anywhere else.
Long Branch has an unemployment rate of 4.6%. The US average is 6.0%.
Long Branch has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Long Branch
- The Sales Tax Rate for Long Branch is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Long Branch 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 Long Branch
- The average income of a Long Branch resident is $65,219 a year. The US average is $37,638 a year.
- The Median household income of a Long Branch resident is $176,908 a year. The US average is $69,021 a year.