Shenandoah Farms, VA Economy


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Shenandoah Farms, VA is a charming small town located in Warren County, Virginia. With a population of only around 1,300 people this tight knit community offers its residents many amenities while still maintaining its rural charm. In terms of housing costs, the average 2 bedroom rent is $1,180 compared to the national average of $1,430. There are also many local businesses operating in the area including Shenandoah Farms General Store offering all sorts of goods and services as well as the Warren Country Co-op providing locally grown produce to residents. The grocery cost index in Shenandoah Farms is 106 compared to 100 nationally which shows that groceries can be slightly more expensive than other places but overall living costs are still relatively affordable.

Shenandoah Farms has an unemployment rate of 4.7%. The US average is 6.0%.

Shenandoah Farms has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Shenandoah Farms
- The Sales Tax Rate for Shenandoah Farms is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Shenandoah Farms 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 Shenandoah Farms
- The average income of a Shenandoah Farms resident is $35,593 a year. The US average is $28,555 a year.
- The Median household income of a Shenandoah Farms resident is $62,358 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShenandoah Farms, VirginiaUnited States
  4.76
  -5.2%-6.2%
  36.1%33.5%
  5.3%6.2%
  5.8%4.6%
  $33,558$37,638
  $62,358$69,021
  $59,507$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  17.7%6.8%
  6.7%10.0%
  0.0%2.5%
  14.5%11.0%
  1.1%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  3.1%1.9%
  10.4%7.6%
  0.0%0.1%
  3.6%4.2%
  15.8%9.3%
  9.5%14.0%
  0.0%2.1%
  1.4%7.0%
  6.9%4.8%
  9.3%4.7%
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