22747 Washington, Virginia is a great place to live with a low cost of living. The average 2 bedroom rent in the area is $980 compared to the US average of $1,430. Groceries too are significantly cheaper with an index score of 110 compared to US’s 100. This makes 22747 Washington an ideal place for those looking to save money and still enjoy life.
The local companies that contribute to the economy include Westwood Regional Medical Center, American Woodmark Corporation, Windmill Hill Consulting LLC and Sunnyside Farms. These businesses provide employment opportunities while also bringing new developments into the area.
Overall, 22747 Washington offers a peaceful life at reasonable costs. With its low rent and grocery prices, this town is one worth considering if you're thinking about relocating or investing in real estate.
Washington (zip 22747) has an unemployment rate of 3.9%. The US average is 6.0%.
Washington (zip 22747) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Washington (zip 22747)
- The Sales Tax Rate for Washington (zip 22747) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 22747) 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 Washington (zip 22747)
- The average income of a Washington (zip 22747) resident is $41,861 a year. The US average is $37,638 a year.
- The Median household income of a Washington (zip 22747) resident is $76,528 a year. The US average is $69,021 a year.