Colonial Beach, Virginia is a small town located on the Northern Neck of the Potomac River in Westmoreland County. The median 2 Bedroom Rent in Colonial Beach is $950, which is much more affordable than the US average of $1430. Additionally, the Grocery Cost Index (GPI) in Colonial Beach is 105, indicating that it is slightly more expensive than grocery costs in the US, which have an index of 100. \nIn terms of housing options, Colonial Beach has several local companies offering rental properties. These include Summer Breeze Rentals, Thunderbird Property Management Services, and Bergey Properties. Each company provides a variety of rental properties to choose from and can assist with finding homes for rent within one's budget.
Colonial Beach (zip 22443) has an unemployment rate of 6.2%. The US average is 6.0%.
Colonial Beach (zip 22443) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Colonial Beach (zip 22443)
- The Sales Tax Rate for Colonial Beach (zip 22443) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Colonial Beach (zip 22443) 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 Colonial Beach (zip 22443)
- The average income of a Colonial Beach (zip 22443) resident is $31,419 a year. The US average is $37,638 a year.
- The Median household income of a Colonial Beach (zip 22443) resident is $54,973 a year. The US average is $69,021 a year.