Zip 22153 (Newington Forest, VA) Economy


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22153 Newington Forest, VA is an excellent location for those looking for a suburban lifestyle that's close to the amenities of a major city. The area's two bedroom rent is slightly higher than the national average at $2,420, and its grocery cost index is 13% higher than the US average. Therefore, those who live here can enjoy a reasonable cost of living with access to many local businesses and services. Many well-known companies have their presence in 22153 Newington Forest, VA including Giant Food LLC, Target Stores Inc., Walmart Supercenter, Starbucks Coffee Co., Chipotle Mexican Grill Inc., Chick-fil-A Inc., Home Depot Inc., Lowe’s Companies Inc., CVS Pharmacy Inc., and Safeway Inc. These businesses offer everything from groceries and retail shopping to restaurants and home improvement supplies. With so many options available nearby, residents of 22153 Newington Forest will never have to look far for what they need.

Newington Forest (zip 22153) has an unemployment rate of 4.6%. The US average is 6.0%.

Newington Forest (zip 22153) 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 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Newington Forest (zip 22153)
- The Sales Tax Rate for Newington Forest (zip 22153) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newington Forest (zip 22153) 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 Newington Forest (zip 22153)
- The average income of a Newington Forest (zip 22153) resident is $49,840 a year. The US average is $28,555 a year.
- The Median household income of a Newington Forest (zip 22153) resident is $150,701 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewington Forest, VirginiaUnited States
  4.66
  -5.3%-6.2%
  36.7%33.5%
  6.0%6.2%
  5.8%4.6%
  $58,042$37,638
  $150,701$69,021
  $158,744$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.9%6.8%
  2.0%10.0%
  1.1%2.5%
  6.1%11.0%
  1.7%4.8%
  0.8%0.8%
  1.4%1.9%
  3.7%4.7%
  2.9%1.9%
  19.3%7.6%
  0.0%0.1%
  3.1%4.2%
  11.4%9.3%
  11.6%14.0%
  1.8%2.1%
  4.3%7.0%
  6.4%4.8%
  17.7%4.7%
Health