23430 Smithfield, VA is a great place to live with many amenities. The city has an average two bedroom rent of $1,220, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Smithfield is equal to the US index of 100. The area offers plenty of opportunities for recreation, entertainment and business with companies like Smithfield Foods and Smithfield Prime Meat Company located there as well as attractions such as Historic Downtown Smithfield and Ivy Hill Farm. With so much to offer, it's no wonder 23430 Smithfield, VA is a popular place to live.
Smithfield (zip 23430) has an unemployment rate of 4.6%. The US average is 6.0%.
Smithfield (zip 23430) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Smithfield (zip 23430)
- The Sales Tax Rate for Smithfield (zip 23430) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Smithfield (zip 23430) 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 Smithfield (zip 23430)
- The average income of a Smithfield (zip 23430) resident is $32,929 a year. The US average is $28,555 a year.
- The Median household income of a Smithfield (zip 23430) resident is $89,296 a year. The US average is $69,021 a year.