24614 Grundy, VA is an ideal location for those looking for lower rent and cost of living. The average two bedroom rent in Grundy comes in at $770 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Grundy is 93 whereas nationally it is 100.
The town of Grundy offers a small-town atmosphere with plenty of local businesses and amenities to enjoy. Some popular local companies include Appalachian Outfitters, Burdette's Pharmacy, The Old Mill Market and C&C Barbecue. There are also several parks and recreational activities in the area such as kayaking, hiking, biking and hunting. With its low costs and friendly locals, Grundy is a great place to settle down for those looking for an affordable yet comfortable life.
Grundy (zip 24614) has an unemployment rate of 8.8%. The US average is 6.0%.
Grundy (zip 24614) has seen the job market decrease by -9.8% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.
Tax Rates for Grundy (zip 24614)
- The Sales Tax Rate for Grundy (zip 24614) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Grundy (zip 24614) 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 Grundy (zip 24614)
- The average income of a Grundy (zip 24614) resident is $21,712 a year. The US average is $37,638 a year.
- The Median household income of a Grundy (zip 24614) resident is $35,101 a year. The US average is $69,021 a year.