Giles County, VA Economy


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United States / Virginia / / Giles County / Cities / Zip Codes
Giles, VA County is an area with a low cost of living and great affordability for residents. The average two bedroom rent in Giles, VA County is only $790 compared to the US average of $1,430. Additionally, the grocery cost index in Giles, VA County is 95 compared to 100 in the US. This makes Giles, VA County an affordable place to live and work. Local companies such as Walmart and Lowe's have locations in Giles, VA County, offering good job opportunities for residents striving to make ends meet. All these factors add up to make Giles, VA County an attractive place to call home.

Giles County has an unemployment rate of 4.5%. The US average is 6.0%.

Giles County has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Giles County
- The Sales Tax Rate for Giles County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Giles 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 Giles County
- The average income of a Giles County resident is $24,485 a year. The US average is $28,555 a year.
- The Median household income of a Giles County resident is $57,911 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGiles, VirginiaUnited States
  4.56
  -5.9%-6.2%
  27.5%33.5%
  5.3%6.2%
  5.8%4.6%
  $28,945$37,638
  $57,911$69,021
  $65,792$85,028
  Population by Occupation
  0.9%1.2%
  0.2%0.5%
  8.2%6.8%
  20.7%10.0%
  1.8%2.5%
  8.4%11.0%
  3.0%4.8%
  1.7%0.8%
  1.0%1.9%
  1.8%4.7%
  1.6%1.9%
  4.2%7.6%
  0.0%0.1%
  2.4%4.2%
  16.0%9.3%
  11.3%14.0%
  1.3%2.1%
  6.4%7.0%
  5.4%4.8%
  3.6%4.7%
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