23959 Phenix, VA is an affordable place to live with a two bedroom rent of only $790 per month. This is significantly lower than the national average of $1,430. The cost of groceries in Phenix is also quite low compared to the national average as their Grocery Cost Index is 93 versus 100 in the US. Additionally, local companies such as Barretts Automotive Service, H&R Block Tax Preparation Services, and Wells Fargo Bank provide plenty of job opportunities for residents in the area. In short, 23959 Phenix VA offers and attractive and affordable cost of living that residents can take advantage of.
Phenix (zip 23959) has an unemployment rate of 5.2%. The US average is 6.0%.
Phenix (zip 23959) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Phenix (zip 23959)
- The Sales Tax Rate for Phenix (zip 23959) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Phenix (zip 23959) 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 Phenix (zip 23959)
- The average income of a Phenix (zip 23959) resident is $25,599 a year. The US average is $37,638 a year.
- The Median household income of a Phenix (zip 23959) resident is $63,646 a year. The US average is $69,021 a year.