22963 Lake Monticello, VA is a great place to live with its low cost of living. The average 2 Bedroom Rent in the area is $1,530, which is lower than the US average of $1,430. Additionally, the Grocery Cost Index is at 98 compared to 100 in the US. Local companies that are based in 22963 Lake Monticello, VA include Countryside Nursery and Landscaping Inc., Three Oaks Farm LLC., and S & J Painting Services LLC.
Lake Monticello (zip 22963) has an unemployment rate of 4.4%. The US average is 6.0%.
Lake Monticello (zip 22963) has seen the job market increase by 3.8% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.
Tax Rates for Lake Monticello (zip 22963)
- The Sales Tax Rate for Lake Monticello (zip 22963) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Lake Monticello (zip 22963) 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 Lake Monticello (zip 22963)
- The average income of a Lake Monticello (zip 22963) resident is $34,217 a year. The US average is $28,555 a year.
- The Median household income of a Lake Monticello (zip 22963) resident is $87,850 a year. The US average is $69,021 a year.