Economy in Zip 23651 (Hampton, VA)

Hampton, VA 23651 is an ideal place to live with a range of amenities. It has 2 bedroom rent at $1,750 compared to the US average of $1,430. There are many local companies offering rental properties such as Hampton Roads Realty Company and Southeastern Property Management. Grocery shopping is also easy with a grocery cost index of 100 domestically which means that prices are comparable with the US national average. Local grocery stores include Farm Fresh Supermarkets and Harris Teeter.

Hampton (zip 23651) has an unemployment rate of 7.2%. The US average is 6.0%.

Hampton (zip 23651) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.

Tax Rates for Hampton (zip 23651)
- The Sales Tax Rate for Hampton (zip 23651) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hampton (zip 23651) 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 Hampton (zip 23651)
- The average income of a Hampton (zip 23651) resident is $50,979 a year. The US average is $28,555 a year.
- The Median household income of a Hampton (zip 23651) resident is $98,125 a year. The US average is $69,021 a year.