24622 Jewell Ridge, VA is an ideal place to live due to its low cost of living. Rent for a 2 Bedroom apartment in the area is far lower than the US average at $620 per month compared to $1,430. Grocery costs are also much lower with the index in this area being 92 compared to 100 in the US. Local businesses include grocery stores such as Food Lion and Rural King, along with restaurants like Pizza Hut and Dairy Queen. With these amenities available close by and low rental rates, 24622 Jewell Ridge, VA is a great place to live on a budget.
Jewell Ridge (zip 24622) has an unemployment rate of 6.3%. The US average is 6.0%.
Jewell Ridge (zip 24622) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Jewell Ridge (zip 24622)
- The Sales Tax Rate for Jewell Ridge (zip 24622) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Jewell Ridge (zip 24622) 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 Jewell Ridge (zip 24622)
- The average income of a Jewell Ridge (zip 24622) resident is $21,200 a year. The US average is $28,555 a year.
- The Median household income of a Jewell Ridge (zip 24622) resident is $37,045 a year. The US average is $69,021 a year.