Melfa, VA is a small town located in Accomack County with a population of around 300 people. It is known for its peaceful atmosphere and quaint surroundings. The rent for a two bedroom apartment in Melfa is significantly lower than the national average at $780 per month versus $1,430 across the US. Additionally, the Grocery Cost Index of 96 is lower than national average at 100. Local businesses in Melfa include ABC Nursery & Garden Supply which sells gardening supplies and locally grown plants, The Fisherman’s Dock, a seafood restaurant that uses fresh ingredients from local waters, and Oceanside Furniture Store which provides quality furniture at an affordable price. With low rent prices and affordable grocery costs, Melfa offers residents an attractive cost of living.
Melfa has an unemployment rate of 6.1%. The US average is 6.0%.
Melfa has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Melfa
- The Sales Tax Rate for Melfa is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Melfa 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 Melfa
- The average income of a Melfa resident is $25,266 a year. The US average is $28,555 a year.
- The Median household income of a Melfa resident is $28,083 a year. The US average is $69,021 a year.