Zip 22842 (Mount Jackson, VA) Economy


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United States / Virginia / No Metro Area / Shenandoah County / Mount Jackson / Mount Jackson (zip 22842)
Mount Jackson, VA is a small town located in Shenandoah county with a population of 22842. The median 2 bedroom rent is $970 which is significantly lower than the US median at $1,430. The Grocery Cost Index for Mount Jackson is 104 versus 100 in the US, making it slightly more expensive to buy groceries here.
Local businesses of Mount Jackson include Shenandoah Valley Electric Co-Op, Heartland Home Improvements and F&M Bank. Shenandoah Valley Electric Co-Op provides electric services to the area and Heartland Home Improvements specializes in roofing and siding solutions for residential homes. F&M Bank offers financial services such as banking, loan origination, and wealth management.

Mount Jackson (zip 22842) has an unemployment rate of 4.6%. The US average is 6.0%.

Mount Jackson (zip 22842) has seen the job market increase by 2.4% 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 Mount Jackson (zip 22842)
- The Sales Tax Rate for Mount Jackson (zip 22842) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Mount Jackson (zip 22842) 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 Mount Jackson (zip 22842)
- The average income of a Mount Jackson (zip 22842) resident is $22,219 a year. The US average is $28,555 a year.
- The Median household income of a Mount Jackson (zip 22842) resident is $54,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMount Jackson, VirginiaUnited States
  4.66
  -4.1%-6.2%
  31.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $31,643$37,638
  $54,688$69,021
  $81,964$85,028
  Population by Occupation
  3.7%1.2%
  2.2%0.5%
  14.4%6.8%
  11.0%10.0%
  1.5%2.5%
  13.9%11.0%
  4.5%4.8%
  0.2%0.8%
  3.4%1.9%
  2.9%4.7%
  0.9%1.9%
  3.2%7.6%
  0.0%0.1%
  1.7%4.2%
  5.8%9.3%
  11.6%14.0%
  0.7%2.1%
  11.0%7.0%
  2.8%4.8%
  4.8%4.7%
Health