Zip 24609 (Cedar Bluff, VA) Economy


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24609 Cedar Bluff, VA is a popular residential area located in the heart of Virginia. The area boasts a low cost of living with two bedroom apartments renting for just $800 per month. Grocery costs are even lower than the national average, with an index of 93 compared to 100 in the US. There are many local businesses around 24609 Cedar Bluff, including supermarkets like Food City and Dollar General, as well as restaurants such as Cici's Pizza and Subway. With its affordable housing options and convenient access to all these amenities, 24609 Cedar Bluff is an attractive destination for those looking for a great place to call home.

Cedar Bluff (zip 24609) has an unemployment rate of 6.3%. The US average is 6.0%.

Cedar Bluff (zip 24609) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.

Tax Rates for Cedar Bluff (zip 24609)
- The Sales Tax Rate for Cedar Bluff (zip 24609) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Cedar Bluff (zip 24609) 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 Cedar Bluff (zip 24609)
- The average income of a Cedar Bluff (zip 24609) resident is $23,978 a year. The US average is $37,638 a year.
- The Median household income of a Cedar Bluff (zip 24609) resident is $45,693 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCedar Bluff, VirginiaUnited States
  6.36
  -5.1%-6.2%
  16.3%33.5%
  5.3%6.2%
  5.8%4.6%
  $23,978$37,638
  $45,693$69,021
  $57,115$85,028
  Population by Occupation
  0.5%1.2%
  3.6%0.5%
  13.4%6.8%
  10.5%10.0%
  2.2%2.5%
  12.1%11.0%
  4.8%4.8%
  1.2%0.8%
  2.4%1.9%
  1.3%4.7%
  1.0%1.9%
  1.1%7.6%
  0.0%0.1%
  1.5%4.2%
  9.2%9.3%
  16.0%14.0%
  1.8%2.1%
  7.6%7.0%
  4.0%4.8%
  5.7%4.7%
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