Raven, VA is a small city located in central Virginia. It is home to a variety of local businesses, including Raven Industries, Catamount Engineering, and Big Cypress Brewing Company. Raven offers affordable housing options with rental rates for 2 bedroom units at just $730 compared to the US average of $1,430. The cost of groceries in Raven is also lower than the national average as indicated by its Grocery Cost Index score. With its strong economy, affordable housing and cost of living Raven is an excellent choice for those looking to move to the area.
Raven has an unemployment rate of 6.3%. The US average is 6.0%.
Raven 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 Raven
- The Sales Tax Rate for Raven is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Raven 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 Raven
- The average income of a Raven resident is $12,485 a year. The US average is $28,555 a year.
- The Median household income of a Raven resident is $30,000 a year. The US average is $69,021 a year.