Zip 23030 (Charles City, VA) Economy


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Charles City, VA is an ideal place to live and work with its low cost of living compared to the rest of the United States. The average 2 bedroom rent in Charles City is only $1,090 compared to the US average of $1,430. Grocery cost index in Charles City is 96 versus the US average of 100, making it one of the most economical places to shop for groceries. Not only does Charles City offer a great living environment but also many employment opportunities through local companies such as Honeywell International Inc., Westrock Company and Goulds Pumps. There are also many educational institutes available in Charles City including Virginia State University and Richard Bland College. With its low cost of living and abundance of job opportunities, Charles City is an ideal destination for individuals or families who are looking for a new home.

Charles City (zip 23030) has an unemployment rate of 6.1%. The US average is 6.0%.

Charles City (zip 23030) 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 31.8%, which is lower than the US average of 33.5%.

Tax Rates for Charles City (zip 23030)
- The Sales Tax Rate for Charles City (zip 23030) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Charles City (zip 23030) 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 Charles City (zip 23030)
- The average income of a Charles City (zip 23030) resident is $26,421 a year. The US average is $28,555 a year.
- The Median household income of a Charles City (zip 23030) resident is $60,200 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharles City, VirginiaUnited States
  6.16
  -5.4%-6.2%
  31.8%33.5%
  5.3%6.2%
  5.8%4.6%
  $39,144$37,638
  $60,200$69,021
  $84,744$85,028
  Population by Occupation
  2.0%1.2%
  0.2%0.5%
  9.0%6.8%
  12.8%10.0%
  4.1%2.5%
  10.6%11.0%
  4.1%4.8%
  2.4%0.8%
  0.6%1.9%
  4.6%4.7%
  1.2%1.9%
  4.7%7.6%
  0.0%0.1%
  2.8%4.2%
  6.1%9.3%
  9.6%14.0%
  2.7%2.1%
  9.7%7.0%
  4.2%4.8%
  8.7%4.7%
Health