Vansant, VA Economy


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United States / Virginia / No Metro Area / Buchanan County / Vansant / Zip Codes
Vansant, VA is a small town located in southwestern Virginia. The cost of living in Vansant is much lower than the US average, making it an affordable place to live. A two bedroom apartment can be rented at an estimated price of $730 per month. Additionally, the Grocery Cost Index in Vansant is 93 compared to 100 in the US. Popular local businesses include Brown’s Country Store, which has been a staple in town since 1955, as well as several restaurants offering delicious home-cooked meals. Vansant also provides a variety of outdoor activities with its nearby parks and hiking trails. With its peaceful atmosphere and low cost of living, Vansant is an attractive destination for those looking to relocate or just spend some time away from their busy cities.

Vansant has an unemployment rate of 8.8%. The US average is 6.0%.

Vansant has seen the job market decrease by -9.8% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.

Tax Rates for Vansant
- The Sales Tax Rate for Vansant is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Vansant 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 Vansant
- The average income of a Vansant resident is $13,493 a year. The US average is $37,638 a year.
- The Median household income of a Vansant resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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