Stony Creek, VA is a great place to live with lower than average costs of living. The two bedroom rent in Stony Creek is $1,120, compared to the U.S average which is $1,430. Additionally, the Grocery Cost Index in Stony Creek is 94 versus 100 in the US. There are several prominent businesses located in Stony Creek such as Walmart Supercenter, Miller Furniture Distributors Inc., and Shear Bliss Salon & Boutique that contribute to local economic diversity. With its reasonable rental prices and low grocery costs, Stony Creek offers an affordable lifestyle for those looking to relocate or vacation on a budget.
Stony Creek has an unemployment rate of 8.4%. The US average is 6.0%.
Stony Creek has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Stony Creek
- The Sales Tax Rate for Stony Creek is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Stony Creek 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 Stony Creek
- The average income of a Stony Creek resident is $30,077 a year. The US average is $28,555 a year.
- The Median household income of a Stony Creek resident is $55,274 a year. The US average is $69,021 a year.