Zip 24555 (Glasgow, VA) Economy


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United States / Virginia / No Metro Area / Rockbridge County / Glasgow / Glasgow (zip 24555)
24555 Glasgow, VA is an affordable place to live. On average, the 2 bedroom rent is $810 which is significantly lower than the US average of $1,430. Grocery Cost Index in the area is 96 versus 100 in the US. Those looking to move to 24555 Glasgow, VA can check out rental companies such as Camden Apartments, Uptown Rentals or Custom Homes. Each company has a variety of housing options for their clients and offers competitive prices.

Glasgow (zip 24555) has an unemployment rate of 4.9%. The US average is 6.0%.

Glasgow (zip 24555) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Glasgow (zip 24555)
- The Sales Tax Rate for Glasgow (zip 24555) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Glasgow (zip 24555) 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 Glasgow (zip 24555)
- The average income of a Glasgow (zip 24555) resident is $28,554 a year. The US average is $37,638 a year.
- The Median household income of a Glasgow (zip 24555) resident is $52,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlasgow, 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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