Damascus, Virginia is a small town located in Washington County with an estimated population of 24236 according to the 2020 US census. Damascus is known as \"Trail Town USA\" due to its proximity to several popular hiking and biking trails, making it the perfect destination for outdoor enthusiasts. The cost of living in Damascus is significantly lower than the national average, with 2-bedroom rents averaging $810 per month compared to $1,430 throughout the US. Grocery costs are also much lower in Damascus, with an index of 94 versus 100 nationally. Local businesses include Morgan's Garden Center & Nursery, Appalachian Trail Coffee Co., and Dogtown Roadhouse. Overall, living in Damascus offers an affordable cost of living and plenty of outdoor activities to enjoy.
Damascus (zip 24236) has an unemployment rate of 4.6%. The US average is 6.0%.
Damascus (zip 24236) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Damascus (zip 24236)
- The Sales Tax Rate for Damascus (zip 24236) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Damascus (zip 24236) 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 Damascus (zip 24236)
- The average income of a Damascus (zip 24236) resident is $21,303 a year. The US average is $37,638 a year.
- The Median household income of a Damascus (zip 24236) resident is $32,222 a year. The US average is $69,021 a year.