Zip 22435 (Callao, VA) Economy


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United States / Virginia / No Metro Area / Northumberland County / No City / Callao (zip 22435)
22435 Callao, VA is a great place to live with a reasonable cost of living. The average 2 Bedroom rent in 22435 Callao, VA is $1,000 compared to the US average of $1,430. This makes it an economical option for those looking for a place to call home. Additionally, the grocery cost index in 22435 Callao, VA is 96 versus 100 in the US which means the cost of living is lower than most other places.
The local businesses in 22435 Callao, VA are mostly small family-owned stores and restaurants. Some popular local spots include White's Grocery & Market, JW's Country Store & Restaurant and El Vaquero Mexican Grill. These establishments provide unique experiences and quality products at a fair price making them favorites amongst locals.
Overall, 22435 Callao, VA offers an affordable cost of living combined with excellent local amenities which make it an ideal location for potential residents.

Callao (zip 22435) has an unemployment rate of 7.6%. The US average is 6.0%.

Callao (zip 22435) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Callao (zip 22435)
- The Sales Tax Rate for Callao (zip 22435) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Callao (zip 22435) 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 Callao (zip 22435)
- The average income of a Callao (zip 22435) resident is $20,598 a year. The US average is $28,555 a year.
- The Median household income of a Callao (zip 22435) resident is $57,308 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCallao, VirginiaUnited States
  7.66
  -2.5%-6.2%
  23.8%33.5%
  5.3%6.2%
  5.8%4.6%
  $31,007$37,638
  $57,308$69,021
  $64,737$85,028
  Population by Occupation
  2.6%1.2%
  0.0%0.5%
  8.5%6.8%
  9.6%10.0%
  4.6%2.5%
  7.3%11.0%
  1.6%4.8%
  4.3%0.8%
  5.3%1.9%
  0.0%4.7%
  1.2%1.9%
  6.0%7.6%
  0.0%0.1%
  4.2%4.2%
  25.8%9.3%
  2.3%14.0%
  0.0%2.1%
  2.2%7.0%
  7.4%4.8%
  7.1%4.7%
Health