Nelsonia, VA is a small town located in Virginia. It is known for its quiet atmosphere and beautiful scenery. The average rent for a two bedroom apartment in Nelsonia is $810, which is much lower than the national average of $1,430. Furthermore, the Grocery Cost Index in Nelsonia is 93 compared to 100 in the United States. This means groceries are cheaper in this town. There are many local companies that contribute to the economy such as Oaks Hardware & Lumber Co., Nelsonia Pharmacy, and Foote Law Firm. All these businesses have helped Nelsonia become an attractive place for people looking to move out of major metropolitan areas while still saving money on necessities. In comparison to the US, Nelsonia has relatively low rent and grocery prices making it an ideal spot for families who want a safe place to call home without breaking the bank.
Nelsonia has an unemployment rate of 6.1%. The US average is 6.0%.
Nelsonia has seen the job market decrease by -6.9% 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 Nelsonia
- The Sales Tax Rate for Nelsonia is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Nelsonia 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 Nelsonia
- The average income of a Nelsonia resident is $33,852 a year. The US average is $37,638 a year.
- The Median household income of a Nelsonia resident is $83,860 a year. The US average is $69,021 a year.