Zip 24058 (Belspring, VA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Situated in Belspring, VA, 24058 is a quaint small town with plenty of charm. Here you can find a variety of local businesses ranging from convenience stores to pubs and restaurants. The two bedroom rent in Belspring is $890, which is significantly lower than the US average of $1,430. Additionally, grocery costs index 95 compared to 100 in the US making the cost of living in this area more affordable. Popular local businesses include K&S Market, Cobbs Bar & Grill and Grease Monkey Auto Repair Service. With its unique atmosphere and affordability, 24058 is an ideal place to call home.

Belspring (zip 24058) has an unemployment rate of 5.2%. The US average is 6.0%.

Belspring (zip 24058) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Belspring (zip 24058)
- The Sales Tax Rate for Belspring (zip 24058) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Belspring (zip 24058) 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 Belspring (zip 24058)
- The average income of a Belspring (zip 24058) resident is $26,846 a year. The US average is $28,555 a year.
- The Median household income of a Belspring (zip 24058) resident is $43,269 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBelspring, VirginiaUnited States
  5.26
  -6.1%-6.2%
  26.0%33.5%
  5.3%6.2%
  5.8%4.6%
  $27,908$37,638
  $43,269$69,021
Family Median Income 85028
Health