Wattsville, VA is a small town located in Virginia. It provides its residents with a cost-effective lifestyle as evidenced by the average 2 bedroom rent of $800 compared to the national average of $1,430. In addition, grocery costs are only slightly higher than the US index at 97 versus 100. The local economy benefits from numerous businesses that support the community. Notable companies include Wattsville Grocery Store which offers affordable everyday products and services, and PC Builders who sells custom computers built for personal use or business operations. These two companies provide a source of employment for its citizens as well as generate revenue for the city.
Wattsville has an unemployment rate of 6.1%. The US average is 6.0%.
Wattsville has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Wattsville
- The Sales Tax Rate for Wattsville is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Wattsville 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 Wattsville
- The average income of a Wattsville resident is $27,046 a year. The US average is $37,638 a year.
- The Median household income of a Wattsville resident is $31,121 a year. The US average is $69,021 a year.