Zip 23015 (Beaverdam, VA) Economy


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United States / Virginia / Richmond Metro Area / Hanover County / No City / Beaverdam (zip 23015)
23015 Beaverdam, Virginia is a small community located in Hanover County. It is a great place to live with easy access to Richmond, Virginia and the surrounding areas. The 2 bedroom rent in 23015 Beaverdam is $1,150 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in 23015 Beaverdam is equal to the US average at 100.
The local economy is dominated by manufacturing, retail trade and health care services as employers. Major local companies include Dominion Energy, Performance Food Group, U-Haul International and Ashley Furniture Industries Inc. Manufacturing industries such as metal fabrication and industrial machinery are prominent within Beaverdam while retail trade draws many visitors to nearby shopping centers like The Shoppes at Bell Creek and The Ridge Shopping Center. Healthcare facilities provided by Spotsylvania Regional Medical Center and Fredericksburg Animal Hospital provide jobs for many local residents.

Beaverdam (zip 23015) has an unemployment rate of 3.9%. The US average is 6.0%.

Beaverdam (zip 23015) 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 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Beaverdam (zip 23015)
- The Sales Tax Rate for Beaverdam (zip 23015) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Beaverdam (zip 23015) 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 Beaverdam (zip 23015)
- The average income of a Beaverdam (zip 23015) resident is $29,343 a year. The US average is $28,555 a year.
- The Median household income of a Beaverdam (zip 23015) resident is $98,058 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeaverdam, VirginiaUnited States
  3.96
  -5.6%-6.2%
  37.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $40,197$37,638
  $98,058$69,021
  $114,107$85,028
  Population by Occupation
  3.4%1.2%
  2.9%0.5%
  10.1%6.8%
  9.6%10.0%
  2.0%2.5%
  8.5%11.0%
  1.8%4.8%
  1.2%0.8%
  3.8%1.9%
  7.5%4.7%
  2.3%1.9%
  12.4%7.6%
  0.6%0.1%
  1.9%4.2%
  4.3%9.3%
  11.3%14.0%
  0.4%2.1%
  2.0%7.0%
  2.8%4.8%
  11.2%4.7%
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