Wise, VA County is a vibrant and diverse community located in the beautiful Appalachian region of Virginia. The county has an affordable cost of living, with a 2 bedroom rent at only $790 and a Grocery Cost Index of 93 versus 100 in the US. Within Wise, VA County there are many industries that call this area home including manufacturing companies such as Lonesome Pine Hospitality Group and Appalachian Log Structures, as well as non-profits such as the Mountain Empire Older Citizens organization. Residents of Wise also enjoy access to outdoor recreation areas such as Lake Witten, High Knob Recreation Area, Natural Tunnel State Park, and more. Additionally, the city offers numerous restaurants, shopping opportunities, entertainment venues and cultural sites to explore. With all these benefits combined, Wise proves to be an attractive destination for people from all walks of life.
Wise County has an unemployment rate of 6.7%. The US average is 6.0%.
Wise County has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 9.9%, which is lower than the US average of 33.5%.
Tax Rates for Wise County
- The Sales Tax Rate for Wise County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Wise 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 Wise County
- The average income of a Wise County resident is $19,970 a year. The US average is $28,555 a year.
- The Median household income of a Wise County resident is $44,884 a year. The US average is $69,021 a year.