Lebanon, VA is a small town located in Russell County with a population of 24266. According to recent estimates, the 2 bedroom rent in Lebanon is $800 compared to the US average of $1,430. Moreover, the grocery cost index in Lebanon is 95 against the 100 in the US. There are many local companies that serve this community such as S&S Plumbing & Heating LLC, Quality Transmission Service Inc., and Appalachian Investment Properties Inc., which provide essential services to residents.
Lebanon (zip 24266) has an unemployment rate of 5.8%. The US average is 6.0%.
Lebanon (zip 24266) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Lebanon (zip 24266)
- The Sales Tax Rate for Lebanon (zip 24266) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Lebanon (zip 24266) 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 Lebanon (zip 24266)
- The average income of a Lebanon (zip 24266) resident is $26,767 a year. The US average is $37,638 a year.
- The Median household income of a Lebanon (zip 24266) resident is $43,044 a year. The US average is $69,021 a year.