Zip 22843 (Mount Solon, VA) Economy


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United States / Virginia / Staunton Metro Area / Augusta County / No City / Mount Solon (zip 22843)
Mount Solon, VA is an idyllic small town located in the Shenandoah Valley. It has a population of 22843 and is just 30 minutes away from Staunton, the biggest city in the area. The cost of living here is quite affordable, with 2 Bedroom rent at $1,000 compared to the US average of $1,430. Grocery Cost Index here is 98 versus 100 in US. This makes Mount Solon an ideal home for those seeking a peaceful countryside lifestyle without burning a hole in their pocket.
Mount Solon offers plenty of amenities such as quality healthcare services offered by Augusta Health Community Hospital, shopping opportunities at Food Lion Supermarket and Shentel Retails Store, plus cultural activities like theatre performances by Braley & Noxon Theatre Company and art galleries like Artists Alley Gallery West Main Street. Residents can also enjoy outdoor activities at Blue Ridge Ski Resort or take advantage of the beautiful hiking trails nearby. All these conveniences make Mount Solon a great place to call home.

Mount Solon (zip 22843) has an unemployment rate of 4.1%. The US average is 6.0%.

Mount Solon (zip 22843) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.

Tax Rates for Mount Solon (zip 22843)
- The Sales Tax Rate for Mount Solon (zip 22843) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Mount Solon (zip 22843) 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 Solon (zip 22843)
- The average income of a Mount Solon (zip 22843) resident is $28,860 a year. The US average is $28,555 a year.
- The Median household income of a Mount Solon (zip 22843) resident is $74,306 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMount Solon, VirginiaUnited States
  4.16
  -4.2%-6.2%
  32.9%33.5%
  5.3%6.2%
  5.8%4.6%
  $35,658$37,638
  $74,306$69,021
  $90,977$85,028
  Population by Occupation
  9.8%1.2%
  0.0%0.5%
  14.6%6.8%
  9.5%10.0%
  4.5%2.5%
  13.9%11.0%
  3.6%4.8%
  0.0%0.8%
  1.0%1.9%
  1.2%4.7%
  1.6%1.9%
  7.4%7.6%
  0.0%0.1%
  1.8%4.2%
  3.7%9.3%
  12.0%14.0%
  0.0%2.1%
  4.7%7.0%
  8.6%4.8%
  2.2%4.7%
Health