Metompkin, VA Economy


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United States / Virginia / No Metro Area / Accomack County / Metompkin / Zip Codes
Metompkin, VA is a great place to call home. With a 2 bedroom rent at $780, it is substantially lower than the national average of $1,430. Additionally, the Grocery Cost Index in Metompkin, VA is 94 compared to the US average of 100. Because of this, families and individuals are able to stretch their budget further and enjoy all that Metompkin has to offer. The town is also home to many local businesses such as Smith's Bakery & Café, Cape Charles Brewing Company, and Delmarva Boat Works. In addition, there are parks such as Assateague National Park that provide recreational activities for both locals and visitors alike.

Metompkin has an unemployment rate of 6.1%. The US average is 6.0%.

Metompkin has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Metompkin
- The Sales Tax Rate for Metompkin is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Metompkin 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 Metompkin
- The average income of a Metompkin resident is $27,819 a year. The US average is $37,638 a year.
- The Median household income of a Metompkin resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMetompkin, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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