Zip 24250 (Fort Blackmore, VA) Economy


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United States / Virginia / Kingsport-Bristol Metro Area / Scott County / No City / Fort Blackmore (zip 24250)
24250 Fort Blackmore, VA is an ideal place to live for those looking for a reasonably priced home and groceries. The two bedroom rent in this area is only $800, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in 24250 Fort Blackmore is 93 versus 100 in the US, making it a great choice for budget-conscious shoppers. Local companies that provide cost-effective rentals include Black Mountain Rentals and The Rental Shop, while grocery stores such as Piggly Wiggly and Walmart offer excellent deals on food items. With its affordable housing options and low Grocery Cost Index, 24250 Fort Blackmore offers residents an ideal living situation without breaking the bank.

Fort Blackmore (zip 24250) has an unemployment rate of 4.5%. The US average is 6.0%.

Fort Blackmore (zip 24250) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Fort Blackmore (zip 24250)
- The Sales Tax Rate for Fort Blackmore (zip 24250) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Fort Blackmore (zip 24250) 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 Fort Blackmore (zip 24250)
- The average income of a Fort Blackmore (zip 24250) resident is $22,405 a year. The US average is $28,555 a year.
- The Median household income of a Fort Blackmore (zip 24250) resident is $28,080 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFort Blackmore, VirginiaUnited States
  4.56
  -4.5%-6.2%
  28.5%33.5%
  5.3%6.2%
  5.8%4.6%
  $21,019$37,638
  $28,080$69,021
  $43,393$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.3%6.8%
  18.0%10.0%
  0.0%2.5%
  9.5%11.0%
  5.1%4.8%
  6.6%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  5.4%7.6%
  0.0%0.1%
  13.9%4.2%
  5.1%9.3%
  2.8%14.0%
  0.0%2.1%
  6.6%7.0%
  5.4%4.8%
  9.2%4.7%
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