Economy in South Boston, Virginia

South Boston has an unemployment rate of 4.7%. The US average is 3.7%.

South Boston has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.

Tax Rates for South Boston
- The Sales Tax Rate for South Boston is 5.3%. The US average is 7.3%.
- The Income Tax Rate for South Boston 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 South Boston
- The average income of a South Boston resident is $17,669 a year. The US average is $28,555 a year.
- The Median household income of a South Boston resident is $30,764 a year. The US average is $53,482 a year.