economy
Economy in Big Stone Gap
Learn more about the economic landscape of Big Stone Gap.
Tax Rate
The Sales Tax Rate for Big Stone Gap is 5.3%, while the US average is 7.3%.
The income Tax Rate for Big Stone Gap is 5.8%, while the US average is 4.6%.
Unemployment
Big Stone Gap has an unemployment rate of 5.3%, while the US average is 3.7%. Big Stone Gap has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 9.9%, which is lower than the US average of 33.5%.
Income
The average income of a Big Stone Gap resident is $14,147 a year.
The largest industries in Big Stone Gap, VA are Health Care & Social Assistance, Public Administration, and Retail Trade, and the highest paying industries are Professional, Scientific, & Technical Services, Transportation & Warehousing, and Manufacturing.
For more in-depth statistics about the economy of Big Stone Gap, visit this data site.
TOWN LINKS
TOWN GOVERNMENT
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CONTACT US
RESERVATIONS
BIG STONE GAP
505 E 5th St S Big Stone Gap, VA 24219 | Phone: 276.523.0115 | info@bigstonegap.org
The Town of Big Stone Gap values diversity; we do not, and shall not, discriminate on the basis of race, color, national origin (ancestry), religion (creed), sex (including gender identity and sexual orientation), age, disability, or any other characteristics protected by law in any of its activities or operations. The Town of Big Stone Gap provides equal opportunity and access to all members of our community. If you require any accommodation to access our services or facilities, please contact the Administrative Offices at (276) 523-0115, ext. 100 or by email at info@bigstonegap.org.