Zip 23350 (Exmore, VA) Economy


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United States / Virginia / No Metro Area / Northampton County / Exmore / Exmore (zip 23350)
23350 Exmore, VA is a small town located on the Eastern Shore of Virginia. It has a population of about 1,100 people and is known for its beautiful beaches and rich culture. Rent in 23350 Exmore, VA is very affordable with two bedroom apartments costing around $850 per month. This is significantly lower than the national average of $1,430 for two bedroom apartments. Living costs in this area are also quite low when compared to other areas in the United States thanks to its Grocery Cost Index of 95 versus 100 in the US. \nThe local economy is supported by businesses such as Family Dollar, Chilly Willy's Seafood Market & Deli, Eastern Shore Gas & Grocery, and several other restaurants and shops. The area also attracts many tourists due to its picturesque beaches and historic sites. With its affordable housing costs and relaxed atmosphere, 23350 Exmore VA is an ideal place to call home for those looking for a charming small-town lifestyle.

Exmore (zip 23350) has an unemployment rate of 8.0%. The US average is 6.0%.

Exmore (zip 23350) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 3.9%, which is lower than the US average of 33.5%.

Tax Rates for Exmore (zip 23350)
- The Sales Tax Rate for Exmore (zip 23350) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Exmore (zip 23350) 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 Exmore (zip 23350)
- The average income of a Exmore (zip 23350) resident is $23,145 a year. The US average is $28,555 a year.
- The Median household income of a Exmore (zip 23350) resident is $49,037 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyExmore, VirginiaUnited States
  86
  -4.8%-6.2%
  3.9%33.5%
  5.3%6.2%
  5.8%4.6%
  $31,978$37,638
  $49,037$69,021
  $61,085$85,028
  Population by Occupation
  7.5%1.2%
  0.0%0.5%
  3.9%6.8%
  6.4%10.0%
  9.4%2.5%
  10.8%11.0%
  3.3%4.8%
  1.5%0.8%
  2.0%1.9%
  0.1%4.7%
  0.4%1.9%
  3.5%7.6%
  0.4%0.1%
  6.6%4.2%
  6.7%9.3%
  21.7%14.0%
  0.7%2.1%
  6.1%7.0%
  4.3%4.8%
  4.6%4.7%
Health