The small town of Mineral, Virginia (23117) has an excellent cost of living when compared to the national average. The 2 bedroom rent is a great deal at just $990, while the US average for the same size unit would be $1,430. Additionally, groceries in town are quite affordable with an index of 100, which is equal to the national average.
Mineral is a welcoming and friendly community boasting both rural charm and modern amenities. Local businesses in Mineral include Barren Ridge Vineyards, an award-winning winery; Red Truck Bakery & Market featuring locally sourced goods; and Southside Produce & Garden Center offering fresh fruits and vegetables as well as plants from local growers. All three companies offer great services and products to residents and visitors alike!
Mineral (zip 23117) has an unemployment rate of 4.3%. The US average is 6.0%.
Mineral (zip 23117) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Mineral (zip 23117)
- The Sales Tax Rate for Mineral (zip 23117) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Mineral (zip 23117) 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 Mineral (zip 23117)
- The average income of a Mineral (zip 23117) resident is $40,499 a year. The US average is $37,638 a year.
- The Median household income of a Mineral (zip 23117) resident is $80,046 a year. The US average is $69,021 a year.