Zip 24104 (Huddleston, VA) Economy


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United States / Virginia / Lynchburg Metro Area / Bedford County / No City / Huddleston (zip 24104)
24104 Huddleston Virginia is a great area to live in for those seeking a budget-friendly yet quality lifestyle. The average 2 Bedroom rent in Huddleston is $810 which is significantly lower than the US average of $1,430 making it great for families and those seeking to save money on rental costs. Additionally, the Grocery Cost Index in 24104 Huddleston is only 102 as opposed to 100 in the US, meaning groceries are cheaper than the national average. For those looking for work opportunities in 24104 Huddleston there are a number of local businesses such as Smith Mountain Lake Financial Services, Lakeside Creations Marine Canvas & Upolstery and Peak View Construction LLC providing various career opportunities.

Huddleston (zip 24104) has an unemployment rate of 4.7%. The US average is 6.0%.

Huddleston (zip 24104) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Huddleston (zip 24104)
- The Sales Tax Rate for Huddleston (zip 24104) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Huddleston (zip 24104) 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 Huddleston (zip 24104)
- The average income of a Huddleston (zip 24104) resident is $26,443 a year. The US average is $28,555 a year.
- The Median household income of a Huddleston (zip 24104) resident is $76,571 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHuddleston, VirginiaUnited States
  4.76
  -5.5%-6.2%
  31.1%33.5%
  5.3%6.2%
  5.8%4.6%
  $63,294$37,638
  $76,571$69,021
  $86,017$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  8.1%6.8%
  10.3%10.0%
  2.7%2.5%
  15.3%11.0%
  3.0%4.8%
  4.2%0.8%
  0.7%1.9%
  2.8%4.7%
  2.5%1.9%
  2.9%7.6%
  0.0%0.1%
  6.4%4.2%
  13.7%9.3%
  6.2%14.0%
  0.6%2.1%
  6.8%7.0%
  11.2%4.8%
  0.0%4.7%
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