Midland, VA is a small town located in the heart of Virginia. The median 2 bedroom rent is $1,220 per month which is lower than the national average. Also, the cost of groceries are relatively lower with a Grocery Cost Index of 109 versus 100 in the US which makes living cheaper. Local businesses such as Midland Tire and Auto, Wilkerson’s Grocery Store and Midland Florist provide quality services to residents in the town. For entertainment, popular attractions include Smith Mountain Lake State Park where visitors can enjoy a variety of outdoor activities such as fishing, boating and camping; also there is Booker T Washington National Monument which features guided tours and educational programs about slavery during the Civil War era.
Midland has an unemployment rate of 3.9%. The US average is 6.0%.
Midland 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 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Midland
- The Sales Tax Rate for Midland is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Midland 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 Midland
- The average income of a Midland resident is $29,724 a year. The US average is $28,555 a year.
- The Median household income of a Midland resident is $43,419 a year. The US average is $69,021 a year.