22509 Loretto, VA is a rural community located in the heart of Virginia. The local population as of 2020, according to the U.S. Census Bureau, is 2,351 people. Two bedroom rent in the area is $950 while the US average is $1,430. Additionally, the Grocery Cost Index for this area is 97 versus 100 in the US on average.
The area offers plenty of recreational activities and outdoor amenities including hiking trails at Buffalo Mountain Park and golfing at Prospect Hill Golf Course and Country Club. There are also some great local businesses such as Loretto Trading Post Cafe & Catering which serves delicious home-cooked meals and Blue Mountain Brewery Co., offering craft beer and a cozy atmosphere.
Loretto (zip 22509) has an unemployment rate of 6.5%. The US average is 6.0%.
Loretto (zip 22509) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Loretto (zip 22509)
- The Sales Tax Rate for Loretto (zip 22509) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Loretto (zip 22509) 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 Loretto (zip 22509)
- The average income of a Loretto (zip 22509) resident is $0 a year. The US average is $28,555 a year.
- The Median household income of a Loretto (zip 22509) resident is $26,129 a year. The US average is $69,021 a year.