Zip 24070 (Catawba, VA) Economy


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United States / Virginia / Roanoke Metro Area / Roanoke County / No City / Catawba (zip 24070)
24070 Catawba, VA is an ideal place to live, with affordable 2 bedroom rent at $930 compared to the US average of $1,430. This small town in Virginia is conveniently located in the foothills of the Blue Ridge Mountains and less than a 2 hour drive from downtown Roanoke. It is close enough for larger city amenities but still offers a small-town feel. The grocery cost index here is 99 versus 100 in the US, so it’s also very cost effective. Local companies such as Town & Country Market and Moore’s Store offer residents a variety of products and services. There are also great opportunities for outdoor recreation at nearby Carvins Cove Natural Reserve, Pandapas Pond Recreation Area or Explore Park.

Catawba (zip 24070) has an unemployment rate of 4.1%. The US average is 6.0%.

Catawba (zip 24070) 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 30.3%, which is lower than the US average of 33.5%.

Tax Rates for Catawba (zip 24070)
- The Sales Tax Rate for Catawba (zip 24070) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Catawba (zip 24070) 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 Catawba (zip 24070)
- The average income of a Catawba (zip 24070) resident is $24,005 a year. The US average is $28,555 a year.
- The Median household income of a Catawba (zip 24070) resident is $96,136 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCatawba, VirginiaUnited States
  4.16
  -5.2%-6.2%
  30.3%33.5%
  5.3%6.2%
  5.8%4.6%
  $35,408$37,638
  $96,136$69,021
  $102,318$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  2.6%6.8%
  16.2%10.0%
  1.0%2.5%
  2.2%11.0%
  20.2%4.8%
  1.3%0.8%
  1.0%1.9%
  11.2%4.7%
  0.0%1.9%
  3.8%7.6%
  0.0%0.1%
  2.1%4.2%
  7.0%9.3%
  9.5%14.0%
  0.0%2.1%
  2.2%7.0%
  17.1%4.8%
  1.8%4.7%
Health