Covington City, VA County is an attractive location for young people who are looking for affordable rental prices and everyday necessities. 2 bedroom rent in the area is only $810 compared to the US average of $1,430 making it a great option to live on a budget. Additionally, the grocery cost index in Covington City is 94 versus 100 in the US making it even more economical. Local businesses targeting young people include outdoor adventure companies such as Blue Mountain Adventures and Appalachian Trail Expeditions, and entertainment venues such as Club 151 and Shenanigans Sports Bar & Grill which offer different activities for all ages. All of these businesses have tailored their products to meet the needs of young people living in Covington City, VA County; offering affordable prices, exciting activities, and great customer service.
Covington City County has an unemployment rate of 7.7%. The US average is 6.0%.
Covington City County has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for Covington City County
- The Sales Tax Rate for Covington City County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Covington City 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 Covington City County
- The average income of a Covington City County resident is $23,589 a year. The US average is $37,638 a year.
- The Median household income of a Covington City County resident is $41,242 a year. The US average is $69,021 a year.