Zip 23301 (Accomac, VA) Economy


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United States / Virginia / No Metro Area / Accomack County / Accomac / Accomac (zip 23301)
23301 Accomac, VA is a great place to live for those looking for affordable rent and lower cost of living. The 2 Bedroom Rent in this area is $820 per month which is considerably lower than the US average of $1430. In addition, the Grocery Cost Index in 23301 Accomac is 95 versus 100 in the US making groceries more affordable.
23301 Accomac offers a wide range of local business and services to meet your needs. For example, Wallops Flight Facility provides aerospace technology and testing services; while Atlantic Tractor Company offers repair services on outdoor power equipment like tractors and mowers. Eastern Shore Lawn & Garden Center has everything you need for landscaping projects including plants, shrubs and seed. Finally, there are several banks such as Bank of Northhampton and Bank of Lancaster that provide traditional banking solutions as well as loans and mortgages.

Accomac (zip 23301) has an unemployment rate of 6.1%. The US average is 6.0%.

Accomac (zip 23301) 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 Accomac (zip 23301)
- The Sales Tax Rate for Accomac (zip 23301) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Accomac (zip 23301) 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 Accomac (zip 23301)
- The average income of a Accomac (zip 23301) resident is $18,529 a year. The US average is $37,638 a year.
- The Median household income of a Accomac (zip 23301) resident is $47,013 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAccomac, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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