Passapatanzy, VA Economy


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United States / Virginia / No Metro Area / King George County / Passapatanzy / Zip Codes
Passapatanzy, VA is an attractive city to live in because of its affordability. Residents in Passapatanzy benefit from lower than average rent prices for 2 bedroom apartments compared to the US, with rent currently at $1,170 as opposed to the US average of $1,430. Additionally, the Grocery Cost Index in Passapatanzy is 107 versus the US index of 100, making groceries more affordable here as well. Aside from cost savings, Passapatanzy also has plenty of job opportunities available through local companies such as Passapatanzy Processing Solutions and Passapatanzy Community Services. The variety of employment options make this city an attractive option for those looking for work in a growing economy. With its competitive prices and abundance of career prospects, Passapatanzy is a great place to consider calling home.

Passapatanzy has an unemployment rate of 4.0%. The US average is 6.0%.

Passapatanzy has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.

Tax Rates for Passapatanzy
- The Sales Tax Rate for Passapatanzy is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Passapatanzy 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 Passapatanzy
- The average income of a Passapatanzy resident is $32,629 a year. The US average is $28,555 a year.
- The Median household income of a Passapatanzy resident is $101,105 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPassapatanzy, VirginiaUnited States
  46
  0.0%-6.2%
  36.6%33.5%
  5.3%6.2%
  5.8%4.6%
  $36,853$37,638
  $101,105$69,021
  $108,452$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.9%6.8%
  6.6%10.0%
  3.7%2.5%
  6.1%11.0%
  0.0%4.8%
  2.2%0.8%
  3.7%1.9%
  11.1%4.7%
  9.4%1.9%
  11.1%7.6%
  0.0%0.1%
  0.0%4.2%
  4.1%9.3%
  12.4%14.0%
  0.0%2.1%
  1.1%7.0%
  4.4%4.8%
  11.3%4.7%
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