Income & Economy in Rural Retreat town, VA (24368)
Median Income
$66,234
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+303
Wealth inflow
Population
5,372
Unemployment
5.0%
1.3pp above US avg
IRS migration statistics show a net inflow of about 303 for ZIP 24368 (Rural Retreat town, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 24368 (2020–Present)
Since 2020, population declined 3.8%, median income fell 0.7% (inflation-adjusted), home values increased 19.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $66,234 |
| Unemployment | 5.0% |
| Establishments | 74 |
| Employees | 1,080 |