Blacksburg-Christiansburg-Radford, VA Metro Area is a great place to live, work, and play. It has a wide range of amenities for its residents, including excellent access to public transportation, plenty of shopping options, and an impressive selection of restaurant and entertainment venues. The cost of living in this area is also quite reasonable, with the average 2 bedroom rent being only $970 compared to the national average at $1,430. Additionally, the Grocery Cost Index in Blacksburg-Christiansburg-Radford is 96 versus 100 in the US. This metro area is home to some well known companies like Carilion Clinic, Volvo Group Trucks Operations North America LLC., and Radford University. There are also plenty of opportunities for local entrepreneurs looking to start their own business in this area.
Blacksburg-Christiansburg Metro Area has an unemployment rate of 4.4%. The US average is 6.0%.
Blacksburg-Christiansburg Metro Area has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Blacksburg-Christiansburg Metro Area
- The Sales Tax Rate for Blacksburg-Christiansburg Metro Area is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Blacksburg-Christiansburg Metro Area 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 Blacksburg-Christiansburg Metro Area
- The average income of a Blacksburg-Christiansburg Metro Area resident is $23,135 a year. The US average is $28,555 a year.
- The Median household income of a Blacksburg-Christiansburg Metro Area resident is $57,381 a year. The US average is $69,021 a year.