22514 Milford, VA is a city located in Prince Edward County. It is approximately 5 square miles in size and has a population of about 1,300 people. The average 2 bedroom rent in 22514 Milford, VA is $880 which is significantly lower than the US average of $1,430 making it an attractive place to live for those who are budget conscious. Additionally, the Grocery Cost Index for this area is 96 versus 100 in the US which also makes it a cost friendly city.
22514 Milford offers its residents many local companies and services including Town & Country Mortgage Company, D&B Electric Inc., Southside Veterinary Clinic, First Baptist Church of Milford, Milford Hardware & Supply Co., as well as plenty of other businesses that provide essential goods and services to the community.
Milford (zip 22514) has an unemployment rate of 5.9%. The US average is 6.0%.
Milford (zip 22514) 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 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Milford (zip 22514)
- The Sales Tax Rate for Milford (zip 22514) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Milford (zip 22514) 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 Milford (zip 22514)
- The average income of a Milford (zip 22514) resident is $26,193 a year. The US average is $28,555 a year.
- The Median household income of a Milford (zip 22514) resident is $70,449 a year. The US average is $69,021 a year.