Zip 23060 (Glen Allen, VA) Economy


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23060 Glen Allen, VA is an ideal location for those who are looking for a city with affordable rent and a variety of amenities. The two bedroom rent in this area is $1,470, which is significantly lower than the US average of $1,430. Additionally, the Grocer Cost Index in this area is 101 compared to the 100 index of the US. This means that residents can expect to get more bang for their buck when buying groceries. There are many local companies within this city including Innsbrook Office Park, Regal Cinemas Virginia Center Stadium 20 Movie Theater, The Hall Restaurant & Bar, Burger Bach Innsbrook and Overby-Sheppard Elementary School. These companies provide great opportunities for employment and make it easy for people to take advantage of all that 23060 Glen Allen has to offer.

Glen Allen (zip 23060) has an unemployment rate of 5.2%. The US average is 6.0%.

Glen Allen (zip 23060) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Glen Allen (zip 23060)
- The Sales Tax Rate for Glen Allen (zip 23060) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Glen Allen (zip 23060) 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 Glen Allen (zip 23060)
- The average income of a Glen Allen (zip 23060) resident is $35,435 a year. The US average is $28,555 a year.
- The Median household income of a Glen Allen (zip 23060) resident is $94,737 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlen Allen, VirginiaUnited States
  5.26
  -5.6%-6.2%
  36.3%33.5%
  5.3%6.2%
  5.8%4.6%
  $44,705$37,638
  $94,737$69,021
  $117,770$85,028
  Population by Occupation
  0.1%1.2%
  0.6%0.5%
  6.1%6.8%
  5.3%10.0%
  4.0%2.5%
  6.6%11.0%
  3.2%4.8%
  1.6%0.8%
  1.8%1.9%
  12.2%4.7%
  3.1%1.9%
  11.3%7.6%
  0.1%0.1%
  3.6%4.2%
  7.8%9.3%
  11.7%14.0%
  1.7%2.1%
  5.4%7.0%
  5.4%4.8%
  8.5%4.7%
Health