Radford City is a great place to live in VA County due to its low cost of living. The average 2 bedroom rent is only $1,050 compared to the US average of $1,430. The Grocery Cost Index in Radford is also lower than the US average at 98. In addition to low costs of living, there are plenty of local attractions and companies that make living in Radford City enjoyable. Some local companies include Volvo Construction Equipment, Parsec Automation Corporation, and Carilion Clinic. There are also lots of great stores such as Kroger’s Grocery Store and David’s Bridal for your shopping needs. For fun activities you can visit The Lyric Theatre or the Radford Recreation Center for some outdoor fun. With so much to do around town, Radford City is a wonderful place to call home.
Radford City County has an unemployment rate of 5.3%. The US average is 6.0%.
Radford City County has seen the job market increase by 1.0% 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 Radford City County
- The Sales Tax Rate for Radford City County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Radford 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 Radford City County
- The average income of a Radford City County resident is $15,509 a year. The US average is $28,555 a year.
- The Median household income of a Radford City County resident is $44,360 a year. The US average is $69,021 a year.