Zip 24105 (Indian Valley, VA) Economy


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24105 Indian Valley, VA is a great location for those looking for affordable housing. The median two bedroom rent cost is only $790, which is significantly cheaper than the national average of $1430. Additionally, groceries are also generally cheaper in 24105 with an index of 93 compared to 100 nationally. Living in 24105 provides residents with access to amenities such as the local grocery store, pharmacy, banks, and restaurants. Local companies like Food Lion provide fresh produce and household food items while CVS Pharmacy offers prescription refills and healthcare products. Wells Fargo bank offers financial services while eateries like Blarney Stone Irish Pub provide delicious cuisine. With all these great local businesses available in 24105 Indian Valley, VA it's a great place to call home.

Indian Valley (zip 24105) has an unemployment rate of 4.4%. The US average is 6.0%.

Indian Valley (zip 24105) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.

Tax Rates for Indian Valley (zip 24105)
- The Sales Tax Rate for Indian Valley (zip 24105) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Indian Valley (zip 24105) 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 Indian Valley (zip 24105)
- The average income of a Indian Valley (zip 24105) resident is $18,066 a year. The US average is $28,555 a year.
- The Median household income of a Indian Valley (zip 24105) resident is $44,150 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIndian Valley, VirginiaUnited States
  4.46
  -5.5%-6.2%
  24.6%33.5%
  5.3%6.2%
  5.8%4.6%
  $25,353$37,638
  $44,150$69,021
  $66,190$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.9%6.8%
  23.7%10.0%
  0.0%2.5%
  37.4%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  11.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  13.2%9.3%
  6.8%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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