Harrisonburg, VA is a great place to live, with 2 bedroom rent costing only $1,010 per month compared to the US average of $1,430. Grocery costs are also cheaper than the national average here in Harrisonburg with an index of 97 versus 100 in the US. This makes Harrisonburg a great budget friendly option for those looking for a new home. The city has plenty of employment opportunities as well as local businesses such as Massanutten Resort and Bennett Chrysler Jeep Dodge RAM. Job availability is high due to its proximity to James Madison University which provides a number of jobs for university staff and students alike. There are also other employers in the area such as Valley Health and State Farm Insurance who provide even more job options in the area.
Harrisonburg (zip 22802) has an unemployment rate of 5.2%. The US average is 6.0%.
Harrisonburg (zip 22802) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for Harrisonburg (zip 22802)
- The Sales Tax Rate for Harrisonburg (zip 22802) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Harrisonburg (zip 22802) 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 (zip 22802)
- The average income of a Harrisonburg (zip 22802) resident is $29,317 a year. The US average is $37,638 a year.
- The Median household income of a Harrisonburg (zip 22802) resident is $53,438 a year. The US average is $69,021 a year.