23963 Red House, VA is a great place to live with affordable rent and cost of living. The 2 bedroom rent in the area is $890 compared to the national average of $1,430. This makes it much more affordable for families and individuals on a budget. Additionally, the Grocery Cost Index in 23963 Red House is 94 compared to 100 in the US, making groceries even more affordable. There are many local companies in 23963 Red House ranging from grocery stores such as Giant Food, Fasta & Ravioli Co., and Aldi, to banks like BB&T Bank and Union Bank & Trust Company, as well as restaurants like Lure Seafood Restaurant and El Mariachi Mexican Restaurant. With its low cost of living and great local businesses, 23963 Red House is an excellent place to live!
Red House (zip 23963) has an unemployment rate of 5.2%. The US average is 6.0%.
Red House (zip 23963) has seen the job market increase by 0.2% 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 Red House (zip 23963)
- The Sales Tax Rate for Red House (zip 23963) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Red House (zip 23963) 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 Red House (zip 23963)
- The average income of a Red House (zip 23963) resident is $24,314 a year. The US average is $28,555 a year.
- The Median household income of a Red House (zip 23963) resident is $54,922 a year. The US average is $69,021 a year.