Zip 22722 (Haywood, VA) Economy


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United States / Virginia / No Metro Area / Madison County / No City / Haywood (zip 22722)
Haywood, VA is a beautiful small town located in the heart of Virginia. With a population of just over 3,000 people, Haywood is an ideal setting for those looking for a quaint and peaceful life away from the hustle and bustle of larger cities. The average 2 bedroom rent in Haywood is $1,040 which is significantly lower than the US average of $1,430. Additionally, Haywood has a Grocery Cost Index of 107 compared to the national average of 100 – ensuring that groceries are affordable for everyone in town!
Haywood offers plenty to do for locals and visitors alike with many local businesses such as Boogaloos Cafe & Bakery, Original Flea Market at 7 Bends Farmers Market, Piedmont Music Center and Dance Emporium - all located within walking distance of each other. For those looking for something outdoors there are several attractions like Bath County Outdoor Recreation Area which offers fishing, boating and hiking activities or Lake Moomaw where you can go swimming or take part in water sports. Additionally there are several festivals throughout the year like Hog Day Festival and Folkmoot USA which allow locals to come together to celebrate their culture while getting to know one another more deeply.

Haywood (zip 22722) has an unemployment rate of 3.2%. The US average is 6.0%.

Haywood (zip 22722) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Haywood (zip 22722)
- The Sales Tax Rate for Haywood (zip 22722) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Haywood (zip 22722) 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 Haywood (zip 22722)
- The average income of a Haywood (zip 22722) resident is $31,877 a year. The US average is $37,638 a year.
- The Median household income of a Haywood (zip 22722) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHaywood, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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