Zip 22560 (Tappahannock, VA) Economy


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United States / Virginia / No Metro Area / Essex County / Tappahannock / Tappahannock (zip 22560)
Tappahannock, VA is a thriving town located in Essex County. The cost of living is attractive with two-bedroom rent coming in at $990,which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Tappahannock Virginia is 97 which is slightly below the US index of 100. Local businesses in Tappahannock include Tappahannock Pharmacy, New Town Hardware Store, and R&H Seafood Market. These businesses offer a wide selection of services and products to meet the needs of locals as well as visitors. In addition, there are several parks and recreation areas available for people to enjoy outdoor activities. With its affordable cost of living and abundance of local amenities, Tappahannock is an ideal location to call home.

Tappahannock (zip 22560) has an unemployment rate of 6.5%. The US average is 6.0%.

Tappahannock (zip 22560) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Tappahannock (zip 22560)
- The Sales Tax Rate for Tappahannock (zip 22560) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Tappahannock (zip 22560) 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 Tappahannock (zip 22560)
- The average income of a Tappahannock (zip 22560) resident is $21,290 a year. The US average is $28,555 a year.
- The Median household income of a Tappahannock (zip 22560) resident is $48,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTappahannock, VirginiaUnited States
  6.56
  -4.6%-6.2%
  22.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $26,916$37,638
  $48,750$69,021
  $60,667$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  11.7%6.8%
  12.3%10.0%
  1.1%2.5%
  19.4%11.0%
  1.3%4.8%
  3.5%0.8%
  0.8%1.9%
  6.7%4.7%
  2.1%1.9%
  1.9%7.6%
  0.3%0.1%
  1.0%4.2%
  4.6%9.3%
  14.0%14.0%
  0.0%2.1%
  6.9%7.0%
  3.8%4.8%
  5.1%4.7%
Health