Cumberland, VA is a city located in the southwestern part of Virginia. It has a population of around 4,000 people and is known for its vibrant culture, history, and attractions. There are many local companies and attractions that make Cumberland an attractive place to live. The cost of living in Cumberland is relatively low with two-bedroom rent at only $980 compared to the national average of $1,430. Also, the Grocery Cost Index in Cumberland is 96 versus 100 in the US, making it one of the more affordable cities to live in. Local companies such as Appalachian Glass and Masonry Inc., WMT Services LLC., and Coles Garden Center provide jobs for residents while also helping to contribute to the economy. A few popular attractions in Cumberland include the Historic Craddock Terry Hotel & Event Center, White Oak Lavender Farm, and Liberty Mountain Snowflex Centre. All of these things make Cumberland an ideal place for anyone looking for a low-cost yet vibrant place to live.
Cumberland has an unemployment rate of 5.6%. The US average is 6.0%.
Cumberland has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Cumberland
- The Sales Tax Rate for Cumberland is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Cumberland is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Cumberland
- The average income of a Cumberland resident is $35,016 a year. The US average is $37,638 a year.
- The Median household income of a Cumberland resident is $0 a year. The US average is $69,021 a year.