Zip 24401 (Staunton, VA) Economy


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The city of Staunton, Virginia is a great place to live and grow with its beautiful scenery and inviting culture. Located in 24401 zip code, residents can expect an average two-bedroom rent of $970 per month - significantly lower than the US average of $1,430 per month. Additionally, grocery cost index in Staunton is 97 compared to 100 for the entire US. Local businesses that can be found in Staunton include Augusta Cooperative Farm Bureau, Food Lion Grocery Store, Miller's Country Flower Shop and Tinkersong Music School. This quaint town has so much to offer its citizens while providing them with the comfort of affordability.

Staunton (zip 24401) has an unemployment rate of 5.1%. The US average is 6.0%.

Staunton (zip 24401) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.

Tax Rates for Staunton (zip 24401)
- The Sales Tax Rate for Staunton (zip 24401) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Staunton (zip 24401) 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 Staunton (zip 24401)
- The average income of a Staunton (zip 24401) resident is $26,951 a year. The US average is $28,555 a year.
- The Median household income of a Staunton (zip 24401) resident is $54,348 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStaunton, VirginiaUnited States
  5.16
  -4.3%-6.2%
  32.2%33.5%
  5.3%6.2%
  5.8%4.6%
  $32,707$37,638
  $54,348$69,021
  $74,660$85,028
  Population by Occupation
  1.0%1.2%
  0.1%0.5%
  4.0%6.8%
  10.5%10.0%
  3.5%2.5%
  11.6%11.0%
  4.1%4.8%
  0.8%0.8%
  1.9%1.9%
  3.7%4.7%
  1.4%1.9%
  4.3%7.6%
  0.0%0.1%
  4.2%4.2%
  12.4%9.3%
  16.6%14.0%
  1.6%2.1%
  8.3%7.0%
  4.1%4.8%
  5.9%4.7%
Health