Zip 23899 (Claremont, VA) Economy


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United States / Virginia / No Metro Area / Surry County / Claremont / Claremont (zip 23899)
Claremont, VA is a small town in Virginia with an estimated population of 23899. The average rental cost for a two bedroom apartment here is $800, making it much more affordable than the national average of $1,430. Additionally, the grocery cost index in this area is 95 compared to 100 in the US on average. There are several local companies that make Claremont their home base. These include an automotive repair shop called Xtreme Auto Service and Repair, a building supplies store known as Harrison Building Supply Co., and a bed & breakfast named Blenheim Bed & Breakfast Inns. All three businesses offer excellent services to their customers and contribute positively to the economy of Claremont.

Claremont (zip 23899) has an unemployment rate of 4.9%. The US average is 6.0%.

Claremont (zip 23899) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Claremont (zip 23899)
- The Sales Tax Rate for Claremont (zip 23899) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Claremont (zip 23899) 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 Claremont (zip 23899)
- The average income of a Claremont (zip 23899) resident is $24,229 a year. The US average is $28,555 a year.
- The Median household income of a Claremont (zip 23899) resident is $48,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClaremont, VirginiaUnited States
  4.96
  -4.9%-6.2%
  27.8%33.5%
  5.3%6.2%
  5.8%4.6%
  $31,495$37,638
  $48,125$69,021
  $79,875$85,028
  Population by Occupation
  1.8%1.2%
  0.0%0.5%
  7.8%6.8%
  6.6%10.0%
  0.6%2.5%
  7.2%11.0%
  12.6%4.8%
  1.2%0.8%
  3.0%1.9%
  0.0%4.7%
  5.4%1.9%
  1.2%7.6%
  0.0%0.1%
  1.2%4.2%
  12.6%9.3%
  3.6%14.0%
  7.8%2.1%
  6.0%7.0%
  5.4%4.8%
  16.2%4.7%
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