Cascade, VA is a small town in Virginia with a population of 2,406. It is known for its affordable housing costs and convenient location near larger cities such as Roanoke and Lynchburg. The average two bedroom rent in Cascade is $820 which is significantly cheaper than the national average of $1,430. In addition, the grocery cost index in Cascade is 92 compared to 100 nationally, making it an ideal place for those looking to save on their grocery bills. Local businesses found in Cascade include The Home Depot, Walmart Supercenter, Tractor Supply Co., Dollar General and Food Lion Supermarket. All these stores offer a variety of products and services at competitive prices so residents and visitors can enjoy shopping close to home.
Cascade (zip 24069) has an unemployment rate of 5.1%. The US average is 6.0%.
Cascade (zip 24069) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Cascade (zip 24069)
- The Sales Tax Rate for Cascade (zip 24069) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Cascade (zip 24069) 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 Cascade (zip 24069)
- The average income of a Cascade (zip 24069) resident is $21,486 a year. The US average is $28,555 a year.
- The Median household income of a Cascade (zip 24069) resident is $46,875 a year. The US average is $69,021 a year.