Zip 24221 (Blackwater, VA) Economy


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United States / Virginia / No Metro Area / Lee County / No City / Blackwater (zip 24221)
24221 Blackwater, VA is the perfect home for those seeking a balance between work and play. This small city offers a variety of amenities to its residents such as affordable two-bedroom rents at $810 per month. Not only are living costs cheaper in 24221 compared to the rest of the US with two-bedrooms costing $1,430 on average, but Grocery Cost Index in this area is 95 versus 100 in the US.
If you're looking for a great place to live and work then 24221 has plenty of businesses, restaurants, and attractions to offer. Many local companies such as Lee County Woodworking & Cabinet Shop or Virginia State Government Shirley Contracting Company can be found here along with nearby attractions like Smith Mountain Lake State Park and Booker T Washington National Monument. If it’s entertainment you’re after, there are many great restaurants like Creekside Grill or The Mason Jar Cafe serving up delicious foods from all around the world. With so much to do in 24221 Blackwater, VA you're sure to find something that fits your lifestyle!

Blackwater (zip 24221) has an unemployment rate of 5.6%. The US average is 6.0%.

Blackwater (zip 24221) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Blackwater (zip 24221)
- The Sales Tax Rate for Blackwater (zip 24221) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Blackwater (zip 24221) 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 Blackwater (zip 24221)
- The average income of a Blackwater (zip 24221) resident is $16,028 a year. The US average is $28,555 a year.
- The Median household income of a Blackwater (zip 24221) resident is $41,771 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlackwater, VirginiaUnited States
  5.66
  -3.2%-6.2%
  17.3%33.5%
  5.3%6.2%
  5.8%4.6%
  $22,497$37,638
  $41,771$69,021
  $52,857$85,028
  Population by Occupation
  13.4%1.2%
  1.5%0.5%
  11.4%6.8%
  10.9%10.0%
  18.3%2.5%
  11.9%11.0%
  0.0%4.8%
  1.5%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  4.5%9.3%
  23.8%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
Health