New River, VA Economy


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New River, VA is a small town located in Pulaski County with an affordable cost of living. The average 2 bedroom rent rate in the area is $870, which is significantly lower than the US average of $1,430. Furthermore, the local grocery cost index stands at 98 compared to 100 nationally. This means that groceries are slightly discounted in New River. Some of the local companies in New River include New River Valley Automotive Inc., Sweetwater Bistro & Catering Co., and Craft Beer Cellar. All in all, New River provides its residents with a low cost of living and plenty of employment opportunities.

Income by Population Percent

  EconomyNew River, VirginiaUnited States
  5.26
  -6.1%-6.2%
  26.0%33.5%
  5.3%6.2%
  5.8%4.6%
  $35,250$37,638
Household Income 69021
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