24124 Narrows, VA is a small town located in south-western Virginia, close to the border of West Virginia. It is home to several local businesses, such as L&M Foods Inc., Hartzell's Farm Market, and Burdette Collision Services. The town also offers a variety of attractions, including a public lake perfect for swimming or fishing and the historic New River Trail that follows an old railroad line along the river. Families and individuals who move to 24124 Narrows will benefit from the affordable housing costs - 2 bedroom rent averages at $820 versus $1,430 in the US - and grocery costs index at 94 compared to 100 in the US.
Narrows (zip 24124) has an unemployment rate of 4.5%. The US average is 6.0%.
Narrows (zip 24124) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Narrows (zip 24124)
- The Sales Tax Rate for Narrows (zip 24124) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Narrows (zip 24124) 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 Narrows (zip 24124)
- The average income of a Narrows (zip 24124) resident is $23,539 a year. The US average is $37,638 a year.
- The Median household income of a Narrows (zip 24124) resident is $52,708 a year. The US average is $69,021 a year.