Opal, VA is a quaint little town with a population of about 5,000 people. It's known for its low cost of living which includes a median 2-bedroom rent price of $1,350 compared to the US median at $1,430. Additionally, the grocery cost index in Opal is 108 which is 8 points higher than the US average. This makes it a great place for families to settle down and save money on their basic needs.
Opal has plenty of local businesses such as the Sweetbriar Cafe where you can get breakfast and lunch any day of the week. For shoppers there's Nelson's Mercantile where you can find anything from produce to pet supplies. There are also many local boutiques like Juniper Boutique and Primrose & Poppy offering unique gifts for friends and family. Overall, Opal offers its residents an affordable lifestyle that allows them to enjoy quality services without spending too much money.
Opal has an unemployment rate of 3.9%. The US average is 6.0%.
Opal 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 Opal
- The Sales Tax Rate for Opal is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Opal 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 Opal
- The average income of a Opal resident is $29,563 a year. The US average is $28,555 a year.
- The Median household income of a Opal resident is $112,778 a year. The US average is $69,021 a year.