Smyth, VA County is a vibrant community located in Virginia. It offers residents a variety of activities and amenities. The county offers a lower cost of living compared to the US overall, with an average 2 bedroom rent price of $790 and a grocery cost index of 93 compared to 100 in the US. Residents can enjoy local attractions such as the Smyth County Historical Society Museum or take part in outdoor activities like bird watching in Great Valley Park. Moreover, there are many great businesses located in Smyth including H&H Grocery, Howerton Ace Hardware, Big Stone Gap Auto Sales, and Farmers & Miners Bank. All these businesses provide goods and services that make life easier for locals and contribute to the growth of the county.
Smyth County has an unemployment rate of 5.5%. The US average is 6.0%.
Smyth County has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.
Tax Rates for Smyth County
- The Sales Tax Rate for Smyth County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Smyth 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 Smyth County
- The average income of a Smyth County resident is $22,010 a year. The US average is $28,555 a year.
- The Median household income of a Smyth County resident is $42,588 a year. The US average is $69,021 a year.