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Zip 23308 (Bloxom, VA) Economy


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23308 Bloxom, VA is a small town situated in the Accomack County on the Eastern Shore of Virginia. It is a quiet area with a population of only about 1,000 people. The cost of living in Bloxom is quite affordable with an average 2 bedroom rent costing $780, which is much lower than the national average of $1,430. Even Grocery Cost Index in Bloxom is lower than that of the US, 93 versus 100 respectively.
The town provides its residents with different services such as local hardware stores like the Accommodation Hardware Store and Murray's Ace Hardware & Building Supply offering supplies for home renovation and repair projects. Local restaurants like La Sirena Mexican Restaurant are great places to eat some delicious Mexican cuisine while soaking up the sun at the nearby beach. Other services available in 23308 Bloxom include hair salons such as Golden Scissors Hair Salon and beauty salons like Allure Beauty Spa that offer various beauty treatments for its customers.

Bloxom (zip 23308) has an unemployment rate of 6.1%. The US average is 6.0%.

Bloxom (zip 23308) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Bloxom (zip 23308)
- The Sales Tax Rate for Bloxom (zip 23308) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Bloxom (zip 23308) is 5.8%. The US average is 4.6%.
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Income and Salaries for Bloxom (zip 23308)
- The average income of a Bloxom (zip 23308) resident is $29,600 a year. The US average is $37,638 a year.
- The Median household income of a Bloxom (zip 23308) resident is $80,096 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBloxom, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
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    Unlock4.8%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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