Carroll County, VA Economy


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United States / Virginia / No Metro Area / Carroll County / Cities / Zip Codes
Carroll, VA County is a great place to live, work and play. The cost of living in the area is very affordable with 2 bedroom rent at $790 compared to the US average of $1,430. Grocery cost index is also lower than the national average, at 93 versus 100. There are many local companies that offer a variety of services such as manufacturing, retail, and hospitality. In addition to these companies there are plenty of activities like hiking trails, skiing resorts, and recreational areas for locals to enjoy.

Carroll County has an unemployment rate of 5.4%. The US average is 6.0%.

Carroll County has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Carroll County
- The Sales Tax Rate for Carroll County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Carroll County 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 Carroll County
- The average income of a Carroll County resident is $26,254 a year. The US average is $37,638 a year.
- The Median household income of a Carroll County resident is $45,220 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarroll, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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