This article investigates the complex interactions between local and national economic contexts and volunteering behavior. We examine three dimensions of local economic context—economic disadvantage (e.g., the percentage of families living in poverty), income inequality, and economic growth (e.g., the change in median household income)—and the impact of a national/global economic jolt—the Great Recession. Analysis of data from the Current Population Survey’s (CPS) Volunteering Supplement (2002–2015) reveals that individuals who live in places characterized by economic disadvantage and economic inequality are less likely to volunteer than individuals in more advantaged, equitable communities. The recession had a dampening effect on volunteering overall, but it had the largest dampening effect on individual volunteering in communities with above-average rates of income equality and higher rates of economic growth. While individuals living in rural communities were more likely to volunteer than their urban counterparts before the recession, rural/urban differences disappeared after the recession.