Pocahontas, VA is a small town in Virginia with a population of around 500 people. It is a quaint town with a strong sense of community and historically significant sites. Despite its small size, the town offers plenty of amenities and services, such as restaurants, stores, and entertainment venues. Local companies such as Pocahontas Grocery store provide necessary supplies to residents.
The cost of living is Pocahontas is substantially lower than that of other cities in the United States. For example, 2 bedroom rentals are $570 per month in Pocahontas compared to $1,430 on average in the US. Similarly, the grocery cost index in Pocahontas is 91 versus 100 in the US. Thus, Pocahontas offers an affordable alternative for those looking for a relaxed life away from bustling metropolitan areas without sacrificing amenities or quality of life.
Pocahontas has an unemployment rate of 6.3%. The US average is 6.0%.
Pocahontas has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Pocahontas
- The Sales Tax Rate for Pocahontas is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Pocahontas 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 Pocahontas
- The average income of a Pocahontas resident is $10,653 a year. The US average is $28,555 a year.
- The Median household income of a Pocahontas resident is $26,875 a year. The US average is $69,021 a year.