Troutdale, VA is a small town located in Southwest Virginia. It has a population of less than 5,000 people, making it a great place to live for those who prefer the quiet countryside. The cost of living in Troutdale is lower than the average across the United States; 2 bedroom rent is much cheaper at $800 per month versus $1,430 in the US, and grocery cost index is 94 compared to 100 in the US. It's also home to some local companies such as Steppin' Out Dance Studio and Lazy J Ranch, providing locals with high quality entertainment and recreational activities. All in all, Troutdale offers a unique small-town atmosphere combined with affordable living costs that make it an attractive option for those looking for a cozy place to call home.
Troutdale has an unemployment rate of 4.2%. The US average is 6.0%.
Troutdale has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.
Tax Rates for Troutdale
- The Sales Tax Rate for Troutdale is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Troutdale 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 Troutdale
- The average income of a Troutdale resident is $23,722 a year. The US average is $28,555 a year.
- The Median household income of a Troutdale resident is $23,056 a year. The US average is $69,021 a year.