Powhatan County, VA Economy


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United States / Virginia / / Powhatan County / Cities / Zip Codes
Powhatan, VA County is a great place to live for those looking for a more affordable lifestyle. The 2 bedroom rent in the area is $1,340, which is significantly lower than the US average of $1,430. Additionally, grocery costs are on par with the national average as evidenced by it's Grocery Cost Index score of 100. This small county offers plenty of activities and attractions such as Ashley Plantation Golf Course and Virginia State University. The historic charm paired with modern amenities makes Powhatan an ideal place to call home.

Powhatan County has an unemployment rate of 3.8%. The US average is 6.0%.

Powhatan County has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.

Tax Rates for Powhatan County
- The Sales Tax Rate for Powhatan County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Powhatan 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 Powhatan County
- The average income of a Powhatan County resident is $31,918 a year. The US average is $28,555 a year.
- The Median household income of a Powhatan County resident is $101,395 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPowhatan, VirginiaUnited States
  3.86
  -5.5%-6.2%
  38.3%33.5%
  5.3%6.2%
  5.8%4.6%
  $43,078$37,638
  $101,395$69,021
  $116,078$85,028
  Population by Occupation
  1.2%1.2%
  0.3%0.5%
  12.7%6.8%
  9.0%10.0%
  2.9%2.5%
  8.6%11.0%
  3.0%4.8%
  1.5%0.8%
  2.0%1.9%
  8.5%4.7%
  2.6%1.9%
  7.1%7.6%
  0.1%0.1%
  3.5%4.2%
  7.9%9.3%
  13.5%14.0%
  1.7%2.1%
  2.2%7.0%
  4.0%4.8%
  7.5%4.7%
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