Zip 24265 (Keokee, VA) Economy


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United States / Virginia / No Metro Area / Lee County / Keokee / Keokee (zip 24265)
24265 Keokee, VA is a small town in Wise County located in the Appalachian Mountains. It is a rural area with only 590 people living there according to the 2010 census. The 2 bedroom rent for 24265 Keokee, VA is $770 which is far lower than the US 2 bedroom rent of $1,430. Additionally, the Grocery Cost Index for 24265 Keokee, VA is 90 versus 100 in the US which shows that groceries are relatively cheaper here as compared to other places around the country. Local companies like Little River Logging Inc., S & T Mechanical Inc., and Lonesome Pines Farm provide employment opportunities to residents of 24265 Keokee, VA. These factors make it an attractive place to live for people who want affordable housing with access to employment opportunities.

Keokee (zip 24265) has an unemployment rate of 5.6%. The US average is 6.0%.

Keokee (zip 24265) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Keokee (zip 24265)
- The Sales Tax Rate for Keokee (zip 24265) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Keokee (zip 24265) 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 Keokee (zip 24265)
- The average income of a Keokee (zip 24265) resident is $17,650 a year. The US average is $37,638 a year.
- The Median household income of a Keokee (zip 24265) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKeokee, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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