New River, VA is a small town located in Pulaski County with an affordable cost of living. The average 2 bedroom rent rate in the area is $870, which is significantly lower than the US average of $1,430. Furthermore, the local grocery cost index stands at 98 compared to 100 nationally. This means that groceries are slightly discounted in New River. Some of the local companies in New River include New River Valley Automotive Inc., Sweetwater Bistro & Catering Co., and Craft Beer Cellar. All in all, New River provides its residents with a low cost of living and plenty of employment opportunities.
New River has an unemployment rate of 5.2%. The US average is 6.0%.
New River has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for New River
- The Sales Tax Rate for New River is 5.3%. The US average is 7.3%.
- The Income Tax Rate for New River 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 New River
- The average income of a New River resident is $35,250 a year. The US average is $37,638 a year.
- The Median household income of a New River resident is $0 a year. The US average is $69,021 a year.