23435 Suffolk, VA is an ideal location for individuals looking for a place to call home. Located within a comfortable distance from both Norfolk and Virginia Beach, Suffolk provides access to a variety of local attractions, shopping options, dining experiences, and entertainment venues. The city also offers a host of employment opportunities; prominent companies such as Dollar Tree, G4S Secure Solutions USA Inc., and Sentara Health are located close by. According to recent data, the average two-bedroom rent for this area is $1,660 per month which is slightly higher than the US average of $1,430 per month. Furthermore, grocery costs index in this area is 101 versus 100 in the US on average. All these factors combined make for an excellent place to live.
Suffolk (zip 23435) has an unemployment rate of 5.7%. The US average is 6.0%.
Suffolk (zip 23435) has seen the job market decrease by -5.8% 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 23435)
- The Sales Tax Rate for Suffolk (zip 23435) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Suffolk (zip 23435) 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 23435)
- The average income of a Suffolk (zip 23435) resident is $48,072 a year. The US average is $37,638 a year.
- The Median household income of a Suffolk (zip 23435) resident is $102,108 a year. The US average is $69,021 a year.