Zip 24366 (Rocky Gap, VA) Economy


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United States / Virginia / No Metro Area / Bland County / No City / Rocky Gap (zip 24366)
24366 Rocky Gap, Virginia is a small town located in the Appalachian Mountains. Its population size is not specified, however, the average two-bedroom rent in this area is $720 per month, which is significantly lower than the US average of $1,430. Similarly, groceries cost index in 24366 Rocky Gap is 95 as compared to 100 in the US.
In 24366 Rocky Gap, there are many local companies and services that provide excellent quality goods and services to its residents. For example, Johnson's Hardware Store provides a wide range of building materials and tools for any DIY project; Main Street Grocery offers fresh produce and other items at competitive prices; The Iron Mill Coffee Shop serves delicious coffee beverages from locally-sourced ingredients; and Garden State Salon offers professional haircuts and styling services.

Rocky Gap (zip 24366) has an unemployment rate of 4.4%. The US average is 6.0%.

Rocky Gap (zip 24366) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%.

Tax Rates for Rocky Gap (zip 24366)
- The Sales Tax Rate for Rocky Gap (zip 24366) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Rocky Gap (zip 24366) 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 Rocky Gap (zip 24366)
- The average income of a Rocky Gap (zip 24366) resident is $25,339 a year. The US average is $37,638 a year.
- The Median household income of a Rocky Gap (zip 24366) resident is $39,297 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRocky Gap, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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