Harrisonburg Metro Area, VA Economy


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United States / Virginia / Harrisonburg Metro Area / Counties / Cities / Zip Codes
Harrisonburg, VA Metro Area is a vibrant and growing community located in the Shenandoah Valley. The cost of living is comparatively lower than the national average, with the 2 bedroom rent being $1,030 compared to $1,430 in the US. Additionally, the Grocery Cost Index is 97 versus 100 in the US. Local companies and landmarks include James Madison University, Massanutten Resort and Shenandoah National Park. There are also many unique restaurants and shops located downtown to explore when visiting Harrisonburg.

Harrisonburg Metro Area has an unemployment rate of 4.4%. The US average is 6.0%.

Harrisonburg Metro Area has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Harrisonburg Metro Area
- The Sales Tax Rate for Harrisonburg Metro Area is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Harrisonburg 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 Harrisonburg Metro Area
- The average income of a Harrisonburg Metro Area resident is $23,819 a year. The US average is $28,555 a year.
- The Median household income of a Harrisonburg Metro Area resident is $61,669 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarrisonburg, VirginiaUnited States
  4.46
  -5.5%-6.2%
  35.4%33.5%
  5.3%6.2%
  5.8%4.6%
  $30,355$37,638
  $61,669$69,021
  $75,942$85,028
  Population by Occupation
  3.0%1.2%
  0.3%0.5%
  7.4%6.8%
  13.2%10.0%
  2.6%2.5%
  11.3%11.0%
  4.0%4.8%
  0.5%0.8%
  1.3%1.9%
  1.9%4.7%
  1.3%1.9%
  5.2%7.6%
  0.1%0.1%
  2.9%4.2%
  14.2%9.3%
  11.4%14.0%
  1.5%2.1%
  8.9%7.0%
  6.0%4.8%
  3.1%4.7%
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