Zip 22460 (Farnham, VA) Economy


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United States / Virginia / No Metro Area / Richmond County / No City / Farnham (zip 22460)
22460 Farnham, VA is a charming city in the Richmond metropolitan area. It offers its residents a great quality of living with an array of amenities available to them. The average two bedroom rent is only $990, which is much more affordable than the US rate of $1,430. Additionally, grocery costs in 22460 Farnham have an index of 95 compared to 100 for the United States overall.
In terms of businesses and attractions, 22460 Farnham has many local stores and restaurants, including Dunkin' Donuts, McDonalds, Subway and La Michoacana Grocery Store. There are also plenty of recreational activities such as golf courses and parks that make this area ideal for families or those who enjoy outdoor activities. Public transportation options include the Greater Richmond Transit Company bus routes and several rideshare companies like Uber and Lyft. In addition to these amenities, there are also many medical centers and schools nearby ensuring that families have access to all they need for their everyday life.

Farnham (zip 22460) has an unemployment rate of 5.2%. The US average is 6.0%.

Farnham (zip 22460) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Farnham (zip 22460)
- The Sales Tax Rate for Farnham (zip 22460) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Farnham (zip 22460) 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 Farnham (zip 22460)
- The average income of a Farnham (zip 22460) resident is $24,372 a year. The US average is $28,555 a year.
- The Median household income of a Farnham (zip 22460) resident is $56,522 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarnham, VirginiaUnited States
  5.26
  -3.1%-6.2%
  29.3%33.5%
  5.3%6.2%
  5.8%4.6%
  $28,208$37,638
  $56,522$69,021
  $82,887$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  13.8%10.0%
  0.0%2.5%
  0.0%11.0%
  3.8%4.8%
  0.0%0.8%
  2.8%1.9%
  2.3%4.7%
  0.0%1.9%
  6.9%7.6%
  0.0%0.1%
  16.1%4.2%
  9.1%9.3%
  19.8%14.0%
  1.9%2.1%
  5.4%7.0%
  7.1%4.8%
  10.9%4.7%
Reviews for Farnham
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Over 15 years ago

Farnham is a nice place to visit. To live here well thats another story. I think the best thing about this place is the people and seafood. Some other good things about  More

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