Zip 22831 (Hinton, VA) Economy


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22831 Hinton, VA is located in the Shenandoah Valley and is known for its picturesque landscape, making it a popular tourist destination. The cost of living in 22831 Hinton is quite affordable when compared to the US average. 2 bedroom rent is $860 compared to the US average of $1,430. Grocery costs are also very inexpensive with an index rating of 96 compared to 100 in the US. Local companies include Packard International, who specialize in automotive parts recycling, as well as I-81 Motorsports, which deals with performance auto parts and services. There are also several wineries around the area that offer tours and tastings for those looking for some fun activities while in town.

Hinton (zip 22831) has an unemployment rate of 4.0%. The US average is 6.0%.

Hinton (zip 22831) 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 35.1%, which is higher than the US average of 33.5%.

Tax Rates for Hinton (zip 22831)
- The Sales Tax Rate for Hinton (zip 22831) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Hinton (zip 22831) 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 Hinton (zip 22831)
- The average income of a Hinton (zip 22831) resident is $25,625 a year. The US average is $28,555 a year.
- The Median household income of a Hinton (zip 22831) resident is $46,029 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHinton, VirginiaUnited States
  46
  -5.4%-6.2%
  35.1%33.5%
  5.3%6.2%
  5.8%4.6%
  $24,750$37,638
  $46,029$69,021
  $63,875$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.5%6.8%
  27.1%10.0%
  0.0%2.5%
  5.5%11.0%
  11.7%4.8%
  0.0%0.8%
  0.0%1.9%
  2.8%4.7%
  5.5%1.9%
  0.0%7.6%
  0.0%0.1%
  3.7%4.2%
  4.1%9.3%
  20.2%14.0%
  3.0%2.1%
  5.7%7.0%
  1.4%4.8%
  3.9%4.7%
Health