24378 Troutdale, VA is a small town located in Grayson County. The cost of living here is very affordable with the 2 bedroom rent costing $780 compared to the US average of $1,430. This lower rental price can be attributed to a variety of local companies that strive to keep costs low for their community. The biggest employer in 24378 Troutdale, VA is Food City, a grocery chain that offers competitive pricing and helps drive down the overall grocery cost index which currently stands at 94 compared to 100 in the US. Other popular employers in 24378 Troutdale, VA include Independence Lumber, Independence Bank, and Highlands Community Services. These businesses have helped create an affordable place for people to live and keep costs low for residents.
Troutdale (zip 24378) has an unemployment rate of 4.2%. The US average is 6.0%.
Troutdale (zip 24378) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.
Tax Rates for Troutdale (zip 24378)
- The Sales Tax Rate for Troutdale (zip 24378) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Troutdale (zip 24378) 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 Troutdale (zip 24378)
- The average income of a Troutdale (zip 24378) resident is $21,855 a year. The US average is $37,638 a year.
- The Median household income of a Troutdale (zip 24378) resident is $29,570 a year. The US average is $69,021 a year.