Nassawadox, VA is a small town located in Northampton County that offers an affordable living cost for its residents. The average two bedroom rent is $840 compared to the U.S. national average of $1,430. Grocery costs are also lower than the national average index at 95 versus 100 in the U.S. Local companies include local retailers, restaurants, and banks as well as specialty shops including Island Fruit and Produce or Chincoteague Seafood Market. Attractions here include festivals such as the Northampton Waterfowl Festival or the Hog Island Migratory Bird Festival and plenty of outdoor activities such as Wallops Island Birding Trails, Kiptopeke State Park, and Assateague National Seashore for fishing and swimming activities.
Nassawadox has an unemployment rate of 8.0%. The US average is 6.0%.
Nassawadox has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 2.6%, which is lower than the US average of 33.5%.
Tax Rates for Nassawadox
- The Sales Tax Rate for Nassawadox is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Nassawadox 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 Nassawadox
- The average income of a Nassawadox resident is $18,318 a year. The US average is $28,555 a year.
- The Median household income of a Nassawadox resident is $44,485 a year. The US average is $69,021 a year.