24448 Iron Gate, VA is a small town located near Roanoke with a population of 851. It offers a quiet living environment with many local amenities. There are two bedroom rentals for $790 per month, making it much cheaper than the US average of $1,430 per month. The cost of living in 24448 Iron Gate is also significantly lower than the rest of the country, as reflected in the Grocery Cost Index which is 92 versus 100 in the US. Local companies include Iron Gate Market and Iron Gate Family Restaurant. Residents can also enjoy tourist attractions such as Blue Ridge Parkway and Appalachian Trail nearby. Comparing to other cities around the region, 24448 Iron Gate provides affordable housing and reasonable grocery costs which make it an ideal place to live or work.
Iron Gate (zip 24448) has an unemployment rate of 5.4%. The US average is 6.0%.
Iron Gate (zip 24448) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Iron Gate (zip 24448)
- The Sales Tax Rate for Iron Gate (zip 24448) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Iron Gate (zip 24448) 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 Iron Gate (zip 24448)
- The average income of a Iron Gate (zip 24448) resident is $24,031 a year. The US average is $37,638 a year.
- The Median household income of a Iron Gate (zip 24448) resident is $0 a year. The US average is $69,021 a year.