Zip 22937 (Esmont, VA) Economy


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22937 Esmont, VA is a small rural community located in Albemarle County. The cost of living in this area is quite affordable with an average 2 bedroom rent of $1,150 per month compared to the US average of $1,430. Grocery costs are also lower than the national average index at 96 versus 100 in the US.
A few local companies can be found in 22937 Esmont, VA including Charlottesville Mechanical Services, Inc., Dabney S. Lancaster Community College, Rockfish Valley Community Center, and Vaughn's Automotive Repair & Supply. These businesses provide employment opportunities and services to local residents.
Overall, 22937 Esmont, VA offers an affordable cost of living while still providing local businesses with great services for residents to enjoy.

Esmont (zip 22937) has an unemployment rate of 4.3%. The US average is 6.0%.

Esmont (zip 22937) has seen the job market increase by 3.8% over the last year. Future job growth over the next ten years is predicted to be 42.1%, which is higher than the US average of 33.5%.

Tax Rates for Esmont (zip 22937)
- The Sales Tax Rate for Esmont (zip 22937) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Esmont (zip 22937) 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 Esmont (zip 22937)
- The average income of a Esmont (zip 22937) resident is $18,831 a year. The US average is $28,555 a year.
- The Median household income of a Esmont (zip 22937) resident is $75,450 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEsmont, VirginiaUnited States
  4.36
  -7.3%-6.2%
  42.1%33.5%
  5.3%6.2%
  5.8%4.6%
  $31,988$37,638
  $75,450$69,021
  $82,500$85,028
  Population by Occupation
  3.3%1.2%
  0.0%0.5%
  6.7%6.8%
  0.8%10.0%
  0.4%2.5%
  9.3%11.0%
  5.2%4.8%
  0.0%0.8%
  0.0%1.9%
  4.3%4.7%
  3.4%1.9%
  6.4%7.6%
  0.0%0.1%
  5.1%4.2%
  19.8%9.3%
  15.2%14.0%
  3.2%2.1%
  3.6%7.0%
  8.3%4.8%
  4.9%4.7%
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