Zip 24292 (Whitetop, VA) Economy


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United States / Virginia / No Metro Area / Grayson County / No City / Whitetop (zip 24292)
24292 Whitetop, VA is a great place to live with an affordable cost of living. The average 2 bedroom rent in Whitetop is $770, which is significantly lower than the U.S. average of $1,430. Additionally, the Grocery Cost Index for Whitetop is 93 versus 100 in the US. This means that groceries are cheaper in Whitetop than they are nationwide. Local companies such as Appalachian Outdoors and First Roanoke Valley Bank add to the convenience and charm of 24292 Whitetop, VA; offering quality services at prices that are lower than many other places in the country. All in all, 24292 Whitetop, VA offers a quality quality lifestyle with affordability unmatched by many other cities across the nation.

Whitetop (zip 24292) has an unemployment rate of 4.2%. The US average is 6.0%.

Whitetop (zip 24292) has seen the job market increase by 2.3% 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 Whitetop (zip 24292)
- The Sales Tax Rate for Whitetop (zip 24292) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Whitetop (zip 24292) 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 Whitetop (zip 24292)
- The average income of a Whitetop (zip 24292) resident is $17,532 a year. The US average is $28,555 a year.
- The Median household income of a Whitetop (zip 24292) resident is $31,576 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWhitetop, VirginiaUnited States
  4.26
  -3.2%-6.2%
  38.4%33.5%
  5.3%6.2%
  5.8%4.6%
  $19,353$37,638
  $31,576$69,021
  $38,523$85,028
  Population by Occupation
  11.9%1.2%
  0.0%0.5%
  0.0%6.8%
  14.9%10.0%
  0.0%2.5%
  13.7%11.0%
  4.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  3.6%9.3%
  21.4%14.0%
  1.8%2.1%
  7.1%7.0%
  20.8%4.8%
  0.0%4.7%
Health