24354 Marion, VA is located in the rural Appalachian mountains of Virginia. The average rent for a 2 bedroom apartment in 24354 Marion is $1,050, significantly lower than the national average rent of $1,430. The cost of living in 24354 Marion is also lower than the US average; the Grocery Cost Index in 24354 Marion is 93 compared to 100 nationally. Local businesses in 24354 Marion include places like Blue Ridge Supermarket, Westgate Pharmacy and Rosedale Mall Shopping Center. These establishments offer a variety of goods and services at prices that are often much more affordable than their national counterparts.
Marion (zip 24354) has an unemployment rate of 5.5%. The US average is 6.0%.
Marion (zip 24354) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.
Tax Rates for Marion (zip 24354)
- The Sales Tax Rate for Marion (zip 24354) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Marion (zip 24354) 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 Marion (zip 24354)
- The average income of a Marion (zip 24354) resident is $24,317 a year. The US average is $28,555 a year.
- The Median household income of a Marion (zip 24354) resident is $40,075 a year. The US average is $69,021 a year.