Prince Edward, VA County is a great place to live. Located in the southeastern region of Virginia, it offers a variety of activities and amenities that make it an attractive destination for many families. Its two bedroom rent is much lower than the US average at just $940 per month, making it a budget-friendly choice for those looking for housing. Additionally, the grocery cost index in Prince Edward County is 95 compared to the US average of 100, making groceries more affordable here than most other places in the country. There are plenty of local businesses in Prince Edward County to choose from, such as Prince Edward Pharmacy and Piedmont Credit Union. Other popular companies include The Daily Grind cafe and Prince Edward Bakery & Cafe.
Prince Edward County has an unemployment rate of 5.7%. The US average is 6.0%.
Prince Edward County has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Prince Edward County
- The Sales Tax Rate for Prince Edward County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Prince Edward 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 Prince Edward County
- The average income of a Prince Edward County resident is $21,455 a year. The US average is $37,638 a year.
- The Median household income of a Prince Edward County resident is $49,019 a year. The US average is $69,021 a year.