24226 Clinchco, VA is an affordable and low-cost area in which to live. With a 2 bedroom rent of just $730, it is nearly half the cost of the US average at $1,430. The grocery cost index in 24226 Clinchco is also considerably lower than the US average with a 94 rating versus 100.
Various companies such as Appalachian Power Company and Westmoreland Coal Company call 24226 Clinchco home. Commuting around town or to other cities is easy via local bus systems like Mountain Empire Older Citizens or by car if one wishes to explore further.
Clinchco (zip 24226) has an unemployment rate of 6.9%. The US average is 6.0%.
Clinchco (zip 24226) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 5.3%, which is lower than the US average of 33.5%.
Tax Rates for Clinchco (zip 24226)
- The Sales Tax Rate for Clinchco (zip 24226) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Clinchco (zip 24226) 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 Clinchco (zip 24226)
- The average income of a Clinchco (zip 24226) resident is $16,855 a year. The US average is $28,555 a year.
- The Median household income of a Clinchco (zip 24226) resident is $35,417 a year. The US average is $69,021 a year.