Zip 22973 (Stanardsville, VA) Economy


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Stanardsville, VA is a beautiful place to live with a population of 22973 people. Rent for a two-bedroom apartment averages $1,170 in Stanardsville, which is lower than the national average of $1,430. Grocery cost index in Stanardsville is 98 versus 100 in the US.
The local economy is thriving with several major businesses located in or around Stanardsville. Lowes Foods and Walgreens are among the most popular local stores here. There are also several manufacturing companies such as Bridgewater Interiors and RCM Technologies that provide employment opportunities for locals. Additionally, many small businesses have opened up in recent years, including restaurants like Five Guys Burgers & Fries and The Whistle Stop Café.

Stanardsville (zip 22973) has an unemployment rate of 4.1%. The US average is 6.0%.

Stanardsville (zip 22973) has seen the job market increase by 3.8% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.

Tax Rates for Stanardsville (zip 22973)
- The Sales Tax Rate for Stanardsville (zip 22973) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Stanardsville (zip 22973) 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 Stanardsville (zip 22973)
- The average income of a Stanardsville (zip 22973) resident is $26,666 a year. The US average is $28,555 a year.
- The Median household income of a Stanardsville (zip 22973) resident is $58,906 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStanardsville, VirginiaUnited States
  4.16
  -7.3%-6.2%
  42.2%33.5%
  5.3%6.2%
  5.8%4.6%
  $34,419$37,638
  $58,906$69,021
  $75,750$85,028
  Population by Occupation
  1.7%1.2%
  0.3%0.5%
  15.3%6.8%
  7.1%10.0%
  0.3%2.5%
  14.3%11.0%
  3.1%4.8%
  2.5%0.8%
  0.8%1.9%
  1.3%4.7%
  2.6%1.9%
  8.4%7.6%
  0.0%0.1%
  3.3%4.2%
  15.8%9.3%
  11.4%14.0%
  0.9%2.1%
  5.6%7.0%
  2.9%4.8%
  2.2%4.7%
Health