Ivanhoe, VA (zip code 24350) is a small town located in the state of Virginia. The cost of rent for two-bedroom apartments is much lower than the US average at $800 compared to $1,430. Ivanhoe also has very reasonable grocery costs, with a Grocery Cost Index of 93 compared to the US average of 100.
This small town is home to several local businesses and attractions such as Southern States Supplies & Services, which offers animal feed and supplies for farmers and pet owners alike, as well as Ivanhoe Paint & Body Shop which provides quality car paint and repairs. Ivanhoe is also home to several outdoor attractions such as Smith Mountain Lake State Park, offering camping, fishing, and swimming opportunities. With its family-friendly atmosphere and affordable living costs, Ivanhoe is an excellent place to live or visit.
Ivanhoe (zip 24350) has an unemployment rate of 5.3%. The US average is 6.0%.
Ivanhoe (zip 24350) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Ivanhoe (zip 24350)
- The Sales Tax Rate for Ivanhoe (zip 24350) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Ivanhoe (zip 24350) 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 Ivanhoe (zip 24350)
- The average income of a Ivanhoe (zip 24350) resident is $22,364 a year. The US average is $37,638 a year.
- The Median household income of a Ivanhoe (zip 24350) resident is $47,500 a year. The US average is $69,021 a year.