Grayson, VA County is a great place to live for those looking for an affordable housing option. The average two-bedroom rent in Grayson County is $790 per month, which is much lower than the national average of $1,430 per month. Additionally, Grayson County has a Grocery Cost Index of 94 compared to 100 in the US. This indicates that groceries are significantly cheaper in Grayson County than in the rest of the nation. Popular local companies include Grayson National Bank, Appalachian Power Company, and True Value Hardware Store. With its low housing costs and grocery prices, Grayson County is an ideal location for people looking to save on living expenses while still having access to all the amenities they need.
Grayson County has an unemployment rate of 4.2%. The US average is 6.0%.
Grayson County has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.
Tax Rates for Grayson County
- The Sales Tax Rate for Grayson County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Grayson 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 Grayson County
- The average income of a Grayson County resident is $18,760 a year. The US average is $28,555 a year.
- The Median household income of a Grayson County resident is $43,022 a year. The US average is $69,021 a year.