Zip 23072 (Gloucester Point, VA) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Located in Gloucester Point, Virginia, 23072 is a great place to rent a two-bedroom home. The average rent for two-bedrooms in this area is $1,150—a good deal when compared to the national average of $1,430. Grocery costs here are also lower than the US average with an index score of 99 versus 100 nationwide. With its relatively low cost of living and close proximity to major cities like Richmond and Newport News, 23072 makes for an ideal rental location.
The area around 23072 is home to a variety of companies and businesses, such as Riverside Health System Urgent Care Center and Walmart Supercenter. There’s also plenty of local eateries like John's Restaurant & Pizza House and Great Wall Chinese Restaurant if you’re looking for a bite to eat. With its diverse range of shops and restaurants available nearby, 23072 is a great place to call home.

Gloucester Point (zip 23072) has an unemployment rate of 4.5%. The US average is 6.0%.

Gloucester Point (zip 23072) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Gloucester Point (zip 23072)
- The Sales Tax Rate for Gloucester Point (zip 23072) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Gloucester Point (zip 23072) 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 Gloucester Point (zip 23072)
- The average income of a Gloucester Point (zip 23072) resident is $33,945 a year. The US average is $37,638 a year.
- The Median household income of a Gloucester Point (zip 23072) resident is $72,984 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGloucester Point, 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%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.