Zip 23901 (Farmville, VA) Economy


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United States / Virginia / No Metro Area / Prince Edward County / Farmville / Farmville (zip 23901)
23901 Farmville, Virginia is a great place to call home. It has a lot to offer to both residents and visitors alike. Residents can enjoy the low 2 bedroom rent, which is $900 a month. This is much lower than the national average of $1,430 a month for two bedroom apartments. Grocery cost index in 23901 Farmville is also very reasonable compared to the US average; the index is 96 versus 100 in the US.
The town offers plenty of things for its inhabitants to do and visit. There are local companies like Longwood University, Peter's Frill Ice Cream, Southside Auto Sales and Goodyear Tire & Rubber Company that serve as employment opportunities or points of interest. 23901 Farmville also offers many exciting attractions such as Sailor’s Creek Battlefield Historical State Park, High Bridge Trail State Park, Reusens Dam and Boat Launch and Meherrin River Regional Park where people can spend time outdoors or explore the natural beauty of the area.

Farmville (zip 23901) has an unemployment rate of 5.7%. The US average is 6.0%.

Farmville (zip 23901) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.

Tax Rates for Farmville (zip 23901)
- The Sales Tax Rate for Farmville (zip 23901) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Farmville (zip 23901) 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 Farmville (zip 23901)
- The average income of a Farmville (zip 23901) resident is $26,548 a year. The US average is $37,638 a year.
- The Median household income of a Farmville (zip 23901) resident is $49,531 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarmville, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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