Snowville, VA Economy


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Snowville, VA is a small town located in the south east region of the United States. It has a population of around 1,000 people and is known for its rural atmosphere. The average two bedroom rent in Snowville is much lower than the U.S. average at $850 compared to $1,430. Grocery cost index here is also lower than the U.S., with a score of 98 versus 100 nationally.
There are several local businesses that make Snowville unique, including Snowville Family Farm which grows organic produce, S&D Auto Parts which specializes in classic vehicles, Snowville Antiques offering vintage goods, and Coldwell Banker Real Estate for all real estate needs. All these companies offer quality products and services to the people of Snowville VA.

Snowville has an unemployment rate of 5.2%. The US average is 6.0%.

Snowville has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Snowville
- The Sales Tax Rate for Snowville is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Snowville 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 Snowville
- The average income of a Snowville resident is $34,663 a year. The US average is $37,638 a year.
- The Median household income of a Snowville resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySnowville, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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