Zip 22026 (Cherry Hill, VA) Economy


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22026 Cherry Hill, VA is a great place for people who are looking for an affordable 2 bedroom rental. The average rent for a 2 bedroom in the area is $1,640, which is slightly higher than the national average of $1,430. Additionally, Cherry Hill has a grocery cost index of 108 versus the US index of 100. There are many local companies in the area such as E&E Enterprises and Sterling Lawn Care and Landscaping. There are also plenty of places to find restaurants nearby; popular spots include Longfellows Restaurant & Bar and Olive Garden.

Cherry Hill (zip 22026) has an unemployment rate of 5.2%. The US average is 6.0%.

Cherry Hill (zip 22026) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Cherry Hill (zip 22026)
- The Sales Tax Rate for Cherry Hill (zip 22026) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cherry Hill (zip 22026) 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 Cherry Hill (zip 22026)
- The average income of a Cherry Hill (zip 22026) resident is $39,034 a year. The US average is $37,638 a year.
- The Median household income of a Cherry Hill (zip 22026) resident is $98,575 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCherry Hill, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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