Martinsville City, VA County, located in the beautiful Shenandoah Valley, is a great place to live. The cost of living is relatively low compared to other areas in the US, with 2 Bedroom rent being only $790 as opposed to the US average of $1,430. Grocery costs are also low at 93 versus 100 in the US. Martinsville City offers various amenities for its residents such as Mill Creek Park which features hiking trails and picnic areas. There are also several local businesses such as Smith Fine Furniture and Stoltzfus Meats which provide quality products and services to the community. Additionally, there are many unique restaurants like Blue Ridge Barbeque and Seafood Company that offer delicious meals for locals and visitors alike. All in all Martinsville City is a great place to call home.
Martinsville City County has an unemployment rate of 9.1%. The US average is 6.0%.
Martinsville City County has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Martinsville City County
- The Sales Tax Rate for Martinsville City County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Martinsville 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 Martinsville City County
- The average income of a Martinsville City County resident is $23,592 a year. The US average is $37,638 a year.
- The Median household income of a Martinsville City County resident is $36,832 a year. The US average is $69,021 a year.