Zip 22438 (Champlain, VA) Economy


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United States / Virginia / No Metro Area / Essex County / No City / Champlain (zip 22438)
22438 Champlain, VA is an ideal place for families to live. It is known for its affordable rent, with two-bedroom apartments costing approximately $920. Its Grocery Cost Index is also lower than the national average at 95, making it a great place for cost conscious shoppers. Local companies include Hall's Home Improvement Center, Central Virginia Manufacturing Company, and LaRocca Coffee Shop. The town also has many services such as the Spotswood Trail Medical Center and the Massanutten Veterinary Clinic. For those who enjoy outdoor activities, there are plenty of attractions in the area such as Luray Caverns and the Appalachian Trail. With its affordable housing costs and convenient access to local amenities and attractions, 22438 Champlain provides a great place for families to call home.

Champlain (zip 22438) has an unemployment rate of 6.5%. The US average is 6.0%.

Champlain (zip 22438) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Champlain (zip 22438)
- The Sales Tax Rate for Champlain (zip 22438) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Champlain (zip 22438) 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 Champlain (zip 22438)
- The average income of a Champlain (zip 22438) resident is $19,566 a year. The US average is $28,555 a year.
- The Median household income of a Champlain (zip 22438) resident is $90,848 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChamplain, VirginiaUnited States
  6.56
  -4.6%-6.2%
  22.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $34,975$37,638
  $90,848$69,021
  $91,027$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.5%6.8%
  16.7%10.0%
  0.0%2.5%
  0.0%11.0%
  16.7%4.8%
  24.4%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  22.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  7.7%4.7%
Health