Zip 23968 (Skipwith, VA) Economy


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United States / Virginia / No Metro Area / Mecklenburg County / No City / Skipwith (zip 23968)
The charming rural town of 23968 Skipwith, VA offers affordability and convenience. Its 2 bedroom rent is $830, which is significantly lower than the US average of $1,430. Additionally, its Grocery Cost Index is 95 versus 100 in the US. Local businesses in Skipwith include Skipwith Hardware, a small hardware store that sells supplies to local customers. Other popular retailers include the Stop & Shop Gas Station & Convenience Store and Bleu Cheese Cafe which offers fresh sandwiches and salads for lunch and dinner. The area also has several antique stores that offer unique items from all over the world.

Skipwith (zip 23968) has an unemployment rate of 6.0%. The US average is 6.0%.

Skipwith (zip 23968) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.

Tax Rates for Skipwith (zip 23968)
- The Sales Tax Rate for Skipwith (zip 23968) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Skipwith (zip 23968) 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 Skipwith (zip 23968)
- The average income of a Skipwith (zip 23968) resident is $17,269 a year. The US average is $28,555 a year.
- The Median household income of a Skipwith (zip 23968) resident is $45,865 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySkipwith, VirginiaUnited States
  66
  -3.6%-6.2%
  19.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $25,183$37,638
  $45,865$69,021
  $64,125$85,028
  Population by Occupation
  0.0%1.2%
  7.6%0.5%
  9.1%6.8%
  4.9%10.0%
  0.0%2.5%
  14.6%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  5.5%7.6%
  0.0%0.1%
  12.5%4.2%
  14.0%9.3%
  25.0%14.0%
  0.0%2.1%
  6.7%7.0%
  0.0%4.8%
  0.0%4.7%
Health