Zip 22645 (Middletown, VA) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
22645 Middletown, VA is a great place to live for people who are looking to save money without sacrificing quality. The 2 bedroom rent in this area is $1020 compared to the national rent of $1430. Additionally, the grocery cost index in 22645 Middletown is 107 compared to 100 nationally. This makes it more affordable to buy food in this area than other places.
The local companies in 22645 Middletown include All Saints Lumber, Kline’s Services LLC, and Newman Construction Co Inc among others. All Saints Lumber is a family owned business that provides lumber and related materials to residential and commercial customers. Kline’s Services LLC provides services such as plumbing repairs, HVAC maintenance and installation, sewer line repair, electrician services, and many others. Newman Construction Co Inc specializes in roofing repairs and installations for both residential and commercial clients.
Overall, 22645 Middletown has a cost of living that is cheaper than many other cities in the United States making it an attractive place to live or buy property. Rent is lower than the national average as well as grocery costs meaning people can spend less on everyday items while still getting quality goods and services from local businesses like All Saints Lumber, Kline’s Services LLC, and Newman Construction Co Inc.

Middletown (zip 22645) has an unemployment rate of 3.8%. The US average is 6.0%.

Middletown (zip 22645) has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 42.1%, which is higher than the US average of 33.5%.

Tax Rates for Middletown (zip 22645)
- The Sales Tax Rate for Middletown (zip 22645) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Middletown (zip 22645) 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 Middletown (zip 22645)
- The average income of a Middletown (zip 22645) resident is $37,108 a year. The US average is $37,638 a year.
- The Median household income of a Middletown (zip 22645) resident is $69,907 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMiddletown, VirginiaUnited States
  3.86
  -2.9%-6.2%
  42.1%33.5%
  5.3%6.2%
  5.8%4.6%
  $37,108$37,638
  $69,907$69,021
  $89,923$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  13.0%6.8%
  14.0%10.0%
  1.0%2.5%
  15.5%11.0%
  2.5%4.8%
  1.4%0.8%
  3.5%1.9%
  4.1%4.7%
  2.4%1.9%
  6.5%7.6%
  0.0%0.1%
  2.4%4.2%
  7.2%9.3%
  10.2%14.0%
  2.0%2.1%
  7.7%7.0%
  3.2%4.8%
  3.5%4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.