Zip 23234 (Meadowbrook, VA) Economy


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23234 Meadowbrook, VA is a great place to live due to the affordable living expenses in the area. The average 2 bedroom rent is $1,230 which is lower than the US average of $1,430. Additionally, groceries are relatively cheaper here as the Grocery Cost Index in 23234 Meadowbrook, VA is 96 versus 100 in the US. Residents of 23234 Meadowbrook, VA can find plenty of local companies and services that will meet their needs such as Big Al’s Diner for classic home-style cooking or C&D Appliance Repair for reliable appliance repair services. Furthermore, there are several shops like Cajun Spice Boutique that provide unique products from around the world.

Meadowbrook (zip 23234) has an unemployment rate of 4.8%. The US average is 6.0%.

Meadowbrook (zip 23234) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Meadowbrook (zip 23234)
- The Sales Tax Rate for Meadowbrook (zip 23234) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Meadowbrook (zip 23234) 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 Meadowbrook (zip 23234)
- The average income of a Meadowbrook (zip 23234) resident is $21,872 a year. The US average is $28,555 a year.
- The Median household income of a Meadowbrook (zip 23234) resident is $54,856 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMeadowbrook, VirginiaUnited States
  4.86
  -5.6%-6.2%
  37.5%33.5%
  5.3%6.2%
  5.8%4.6%
  $25,947$37,638
  $54,856$69,021
  $60,748$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  13.3%6.8%
  6.5%10.0%
  1.7%2.5%
  10.7%11.0%
  6.6%4.8%
  0.6%0.8%
  1.6%1.9%
  5.9%4.7%
  1.0%1.9%
  3.3%7.6%
  0.3%0.1%
  7.4%4.2%
  5.0%9.3%
  13.4%14.0%
  1.5%2.1%
  8.8%7.0%
  4.5%4.8%
  7.5%4.7%
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