Zip 24368 (Rural Retreat, VA) Economy


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United States / Virginia / No Metro Area / Wythe County / Rural Retreat / Rural Retreat (zip 24368)
24368 Rural Retreat, VA is a great place to live with an affordable cost. The two bedroom rent is only $820 which is significantly lower than the US average of $1,430. This cost of living is also supplemented by the Grocery Cost Index in 24368 Rural Retreat, VA being 97 versus the national average of 100. Living in 24368 Rural Retreat, VA gives you access to great local companies such as Natural Bridge Zoo and Animal Safari Park or National Radio Astronomy Observatory. You can also enjoy going to Historic Crab Orchard Museum and Pioneer Park or visiting the nearby Natural Bridge of Virginia which was designated a National Historic Landmark in 1985.

Rural Retreat (zip 24368) has an unemployment rate of 5.3%. The US average is 6.0%.

Rural Retreat (zip 24368) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Rural Retreat (zip 24368)
- The Sales Tax Rate for Rural Retreat (zip 24368) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Rural Retreat (zip 24368) 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 Rural Retreat (zip 24368)
- The average income of a Rural Retreat (zip 24368) resident is $27,309 a year. The US average is $37,638 a year.
- The Median household income of a Rural Retreat (zip 24368) resident is $57,865 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRural Retreat, VirginiaUnited States
  5.36
  -4.3%-6.2%
  24.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $27,309$37,638
  $57,865$69,021
  $66,333$85,028
  Population by Occupation
  2.4%1.2%
  1.9%0.5%
  6.2%6.8%
  20.2%10.0%
  2.8%2.5%
  11.3%11.0%
  1.9%4.8%
  0.1%0.8%
  0.7%1.9%
  3.5%4.7%
  2.6%1.9%
  2.3%7.6%
  0.0%0.1%
  2.7%4.2%
  4.5%9.3%
  14.8%14.0%
  0.5%2.1%
  9.7%7.0%
  5.6%4.8%
  6.3%4.7%
Health