Zip 22850 (Singers Glen, VA) Economy


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United States / Virginia / Harrisonburg Metro Area / Rockingham County / No City / Singers Glen (zip 22850)
22850 Singers Glen, VA is an ideal location for those looking to save on the cost of living. 2 bedroom rent in the area is only $1,260 compared to the US average of $1,430. Additionally, groceries are significantly cheaper here with a Grocery Cost Index of 98 compared to 100 across the US. Local companies in the area include T&G Auto Repair, the North River Golf Course and Cafe 2300. These companies provide employment opportunities and services for residents in Singers Glen.

Singers Glen (zip 22850) has an unemployment rate of 4.0%. The US average is 6.0%.

Singers Glen (zip 22850) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.

Tax Rates for Singers Glen (zip 22850)
- The Sales Tax Rate for Singers Glen (zip 22850) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Singers Glen (zip 22850) 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 Singers Glen (zip 22850)
- The average income of a Singers Glen (zip 22850) resident is $21,605 a year. The US average is $28,555 a year.
- The Median household income of a Singers Glen (zip 22850) resident is $77,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySingers Glen, VirginiaUnited States
  46
  -5.4%-6.2%
  35.1%33.5%
  5.3%6.2%
  5.8%4.6%
  $33,668$37,638
  $77,563$69,021
  $79,156$85,028
  Population by Occupation
  8.2%1.2%
  0.0%0.5%
  8.9%6.8%
  9.4%10.0%
  3.0%2.5%
  16.9%11.0%
  5.8%4.8%
  1.2%0.8%
  0.0%1.9%
  0.8%4.7%
  0.0%1.9%
  4.6%7.6%
  0.0%0.1%
  1.0%4.2%
  11.6%9.3%
  13.1%14.0%
  0.0%2.1%
  3.6%7.0%
  7.5%4.8%
  4.4%4.7%
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