Middletown, VA is a small town located in Frederick County with a close-knit community and plenty of local businesses. Renting a two bedroom apartment in Middletown is comparatively more affordable than the national average, at $1,040 compared to $1,430. The grocery cost index is also slightly higher here than the national average, at 107 versus 100. These factors make Middletown an attractive option for those looking for an affordable place to live. Some of the local companies that may affect the cost of living include Phoenix Construction, Berryville Barber Shop, and True Value Hardware. All three have been providing quality services for years and are likely contributing to Middletown's competitive costs of living.
Middletown has an unemployment rate of 3.8%. The US average is 6.0%.
Middletown has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 42.1%, which is higher than the US average of 33.5%.
Tax Rates for Middletown
- The Sales Tax Rate for Middletown is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Middletown is 5.8%. The US average is 4.6%.
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Income and Salaries for Middletown
- The average income of a Middletown resident is $26,889 a year. The US average is $37,638 a year.
- The Median household income of a Middletown resident is $48,634 a year. The US average is $69,021 a year.