Hampton, VA is a great place to live at an affordable cost. The average two bedroom rent in Hampton is $1,400 and the US equivilant is $1,430. Additionally Hampton has a Grocery Cost Index of 97 compared to 100 for the US on average. All of these factors make Hampton a great value for those looking for a place to call home.
The city of Hampton offers many local businesses in the area such as Hampton National Bank, Langley Federal Credit Union, Peninsula Fine Arts Center, Virginia Air & Space Center and more. There are plenty of job opportunities available with these companies and many more in the surrounding area. With all that it has to offer, it's no wonder why so many people choose to live in Hampton!
Hampton (zip 23666) has an unemployment rate of 7.2%. The US average is 6.0%.
Hampton (zip 23666) 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 23666)
- The Sales Tax Rate for Hampton (zip 23666) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hampton (zip 23666) 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 23666)
- The average income of a Hampton (zip 23666) resident is $27,442 a year. The US average is $28,555 a year.
- The Median household income of a Hampton (zip 23666) resident is $61,224 a year. The US average is $69,021 a year.