The small town of Wise, Virginia (Zip code 24293) has much to offer to those looking for a new home. The median two bedroom rent in Wise is $1,000, which is significantly lower than the US average of $1,430. This low cost of living is further enhanced by Grocery Cost Index coming in at 94 compared to 100 nationally. Not only does Wise provide affordable living options but it also has many local companies that can provide employment opportunities for those looking to make a move. Notable businesses located in Wise include: Walmart which offers competitive wages; Applebee's and other restaurants which are great places for food and entertainment; and Mountain Empire Community College which provides educational programs and community events. This makes Wise an attractive option for potential residents looking for reasonable rental costs as well as job opportunities.
Wise (zip 24293) has an unemployment rate of 6.7%. The US average is 6.0%.
Wise (zip 24293) 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 9.9%, which is lower than the US average of 33.5%.
Tax Rates for Wise (zip 24293)
- The Sales Tax Rate for Wise (zip 24293) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Wise (zip 24293) 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 Wise (zip 24293)
- The average income of a Wise (zip 24293) resident is $23,322 a year. The US average is $37,638 a year.
- The Median household income of a Wise (zip 24293) resident is $44,286 a year. The US average is $69,021 a year.