The 2 bedroom rent in Portsmouth, VA (zip code 23708) is $1,320 and the grocery cost index is 96 versus 100 in the US. There are a variety of local companies that serve this area such as Century 21 Nachman Realty, which provides real estate services and Rent Path LLC for rental housing listings. The iconic Navy Federal Credit Union has its headquarters in Portsmouth and offers financial services to military members and their families. Sentara Healthcare operates several medical centers nearby, providing comprehensive healthcare needs to individuals and families in the area. Additionally, many businesses along High Street offer a variety of unique local goods or services ranging from record stores to boutiques.
Portsmouth (zip 23708) has an unemployment rate of 8.5%. The US average is 6.0%.
Portsmouth (zip 23708) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Portsmouth (zip 23708)
- The Sales Tax Rate for Portsmouth (zip 23708) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Portsmouth (zip 23708) 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 Portsmouth (zip 23708)
- The average income of a Portsmouth (zip 23708) resident is $28,077 a year. The US average is $37,638 a year.
- The Median household income of a Portsmouth (zip 23708) resident is $0 a year. The US average is $69,021 a year.