Zip 23846 (Elberon, VA) Economy


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United States / Virginia / No Metro Area / Surry County / Elberon / Elberon (zip 23846)
The small town of Elberon, VA, is a great place for those looking to live an affordable life. The average 2 bedroom rent in the area is only $800 compared to the US average of $1,430. This makes it one of the more budget friendly places to live in Virginia. The local grocery store index is also quite low at 96 compared to 100 in the US, making groceries even more affordable.
The town has some great local shops and restaurants. J&J Market offers fresh produce daily, while RB's Seafood Shack serves up some delicious seafood dishes. For entertainment, visitors can go to Liberty Theater for classic movies and live music performances. Finally, people love visiting Clay Park for its outdoor trails and picnic areas. No matter what your interests may be, Elberon has something for everyone!

Elberon (zip 23846) has an unemployment rate of 4.9%. The US average is 6.0%.

Elberon (zip 23846) 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 Elberon (zip 23846)
- The Sales Tax Rate for Elberon (zip 23846) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Elberon (zip 23846) 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 Elberon (zip 23846)
- The average income of a Elberon (zip 23846) resident is $30,202 a year. The US average is $28,555 a year.
- The Median household income of a Elberon (zip 23846) resident is $64,545 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElberon, VirginiaUnited States
  4.96
  -4.9%-6.2%
  27.8%33.5%
  5.3%6.2%
  5.8%4.6%
  $42,684$37,638
  $64,545$69,021
  $75,441$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  13.4%10.0%
  0.0%2.5%
  12.1%11.0%
  0.0%4.8%
  4.1%0.8%
  0.0%1.9%
  0.0%4.7%
  2.2%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  20.3%9.3%
  9.6%14.0%
  3.3%2.1%
  2.2%7.0%
  29.6%4.8%
  3.3%4.7%
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