Zip 23838 (Chesterfield, VA) Economy


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United States / Virginia / Richmond Metro Area / Chesterfield County / No City / Chesterfield (zip 23838)
23838 Chesterfield, VA is a great place to live with plenty of amenities and local businesses. The area is very affordable for two-bedroom rental prices at $1,890, which is lower than the US average of $1,430. Moreover, grocery cost index in the area is 102 versus 100 in the US. The location has close access to major highways and shopping centers such as Chesterfield Towne Center and Midlothian Village. Local businesses include popular eateries like Pie Five Pizza Co., Continental Wines & Spirits, and Genji Japanese Steakhouse & Sushi Bar. Other amenities include Chesterfield County Public Library, Trinity Episcopal Church, and Bellwood Sports Park.

Chesterfield (zip 23838) has an unemployment rate of 4.8%. The US average is 6.0%.

Chesterfield (zip 23838) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Chesterfield (zip 23838)
- The Sales Tax Rate for Chesterfield (zip 23838) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Chesterfield (zip 23838) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Chesterfield (zip 23838)
- The average income of a Chesterfield (zip 23838) resident is $40,001 a year. The US average is $28,555 a year.
- The Median household income of a Chesterfield (zip 23838) resident is $114,729 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChesterfield, VirginiaUnited States
  4.86
  -5.6%-6.2%
  37.5%33.5%
  5.3%6.2%
  5.8%4.6%
  $50,369$37,638
  $114,729$69,021
  $125,018$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.4%6.8%
  9.1%10.0%
  3.0%2.5%
  10.6%11.0%
  3.5%4.8%
  2.5%0.8%
  1.4%1.9%
  6.4%4.7%
  2.8%1.9%
  7.1%7.6%
  0.3%0.1%
  2.0%4.2%
  12.3%9.3%
  14.3%14.0%
  1.3%2.1%
  3.5%7.0%
  4.7%4.8%
  9.0%4.7%
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