23433 Suffolk, VA is a great place to live with low rent costs and an affordable cost of living. The two bedroom average rent for 23433 Suffolk, VA is $1,070 which is much lower than the US average of $1,430- making it an attractive location to those looking for more affordable housing options. Additionally, groceries in 23433 Suffolk, VA have a Grocery Cost Index (GCI) of 103 versus 100 in the US- making it 3% cheaper than many nearby locations. There are plenty of local companies that make 23433 Suffolk, VA even more appealing such as Walmart Supercenter; Sentara Obici Hospital; Dollar Tree Stores; and Liberty Tax Service. All this combined makes 23433 Suffolk a great place to call home with an affordable cost of living.
Suffolk (zip 23433) has an unemployment rate of 5.7%. The US average is 6.0%.
Suffolk (zip 23433) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.
Tax Rates for Suffolk (zip 23433)
- The Sales Tax Rate for Suffolk (zip 23433) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Suffolk (zip 23433) 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 Suffolk (zip 23433)
- The average income of a Suffolk (zip 23433) resident is $42,514 a year. The US average is $28,555 a year.
- The Median household income of a Suffolk (zip 23433) resident is $135,313 a year. The US average is $69,021 a year.