Gordonsville, Virginia is a small rural town located in southern Virginia with a population of approximately 2,294 residents. The town offers a peaceful living environment and boast lower cost of living than the US average. The median 2 bedroom rent in Gordonsville is $1,070 which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in this area is 98 versus the 100 in the US. This indicates that groceries are slightly more affordable than other areas.
Gordonsville has multiple local companies to support its economy including Old Dominion Peanuts & Specialties Inc., Saunders Brothers Farm Market, and Gordonsville Hardware & Grill. These businesses provide much needed jobs to the citizens of this community while also providing valued services and products. Economic indicators such as rent prices and grocery cost index can help indicate whether an area is an attractive place to live or whether one should consider looking elsewhere for better deals or opportunities.
Gordonsville (zip 22942) has an unemployment rate of 4.9%. The US average is 6.0%.
Gordonsville (zip 22942) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Gordonsville (zip 22942)
- The Sales Tax Rate for Gordonsville (zip 22942) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Gordonsville (zip 22942) 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 Gordonsville (zip 22942)
- The average income of a Gordonsville (zip 22942) resident is $30,304 a year. The US average is $28,555 a year.
- The Median household income of a Gordonsville (zip 22942) resident is $78,735 a year. The US average is $69,021 a year.