Ridgeway, VA is a small town located in the Shenandoah Valley of Virginia. It is home to many local businesses such as Ridgeway Town Center, Biscuitville and Old Dominion Tire & Auto. The cost of living in Ridgeway is quite reasonable compared to other cities in the US. According to recent data, the median 2 bedroom rent is $810 per month whereas the national average for 2 bedroom rent is $1,430 per month. Additionally, the grocery cost index for Ridgeway is 93 versus 100 in the US. This shows that groceries are relatively cheaper in Ridgeway than most parts of America. Therefore, people who are looking for an affordable place to call home should consider living in Ridgeway VA!
Ridgeway has an unemployment rate of 6.0%. The US average is 6.0%.
Ridgeway has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Ridgeway
- The Sales Tax Rate for Ridgeway is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Ridgeway 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 Ridgeway
- The average income of a Ridgeway resident is $19,396 a year. The US average is $28,555 a year.
- The Median household income of a Ridgeway resident is $39,375 a year. The US average is $69,021 a year.