Zip 22520 (Montross, VA) Economy


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United States / Virginia / No Metro Area / Westmoreland County / Montross / Montross (zip 22520)
22520 Montross, VA is a city located in Westmoreland County. It has a population of 1,722 and offers many great amenities for its residents. The 2 bedroom rent in Montross is $990 which is significantly lower than the US national average of $1,430. Additionally, the Grocery Cost Index in Montross is 106 versus the US national average of 100 making groceries more affordable in this area.
The city of 22520 Montross is home to several companies such as Lowe’s Home Improvement, Westmoreland Supply Co., and Bel Air True Value Hardware. There are also plenty of recreational activities to enjoy such as fishing on the Potomac River or visiting one of the nearby parks like Westmoreland State Park or Leedstown Beach Park. Shopping and dining options are abundant with places like Northumberland Country Store & Eatery and Northern Neck Popcorn Factory being popular local spots. With all these great amenities, 22520 Montross is an ideal place for anyone looking for a new home.

Montross (zip 22520) has an unemployment rate of 6.2%. The US average is 6.0%.

Montross (zip 22520) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Montross (zip 22520)
- The Sales Tax Rate for Montross (zip 22520) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Montross (zip 22520) 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 Montross (zip 22520)
- The average income of a Montross (zip 22520) resident is $28,073 a year. The US average is $28,555 a year.
- The Median household income of a Montross (zip 22520) resident is $51,641 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMontross, VirginiaUnited States
  6.26
  -3.6%-6.2%
  31.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $36,535$37,638
  $51,641$69,021
  $82,885$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  10.2%6.8%
  4.3%10.0%
  1.6%2.5%
  12.0%11.0%
  1.8%4.8%
  0.0%0.8%
  0.0%1.9%
  2.2%4.7%
  0.9%1.9%
  4.9%7.6%
  0.0%0.1%
  8.9%4.2%
  8.5%9.3%
  15.0%14.0%
  3.7%2.1%
  3.4%7.0%
  2.9%4.8%
  18.7%4.7%
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