Economy in Virginia, Minnesota

Economy

Economy	Virginia, MN	United States
Unemployment Rate	8.10%	9.10%
Recent Job Growth	0.47%	-0.12%
Future Job Growth	32.84%	31.25%
Sales Taxes	6.50%	6.80%
Income Taxes	7.85%	6.25%
Income per Cap.	$21,124	$27,067
Household Income	$33,784	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	22.18%	12.10%
Income between 15K and 25K	16.94%	10.18%
Income between 25K and 35K	12.24%	10.56%
Income between 35K and 50K	16.91%	14.98%
Income between 50K and 75K	17.31%	19.53%
Income between 75K and 100K	8.42%	12.52%
Income between 100K and 150K	4.80%	12.14%
Income between 150K and 250K	0.60%	3.91%
Income between 250K and 500K	0.50%	3.34%
Income greater than 500K	0.12%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	10.10%	13.81%
Professional and Related Occupations	23.40%	22.68%
Service	18.94%	14.51%
Sales and Office	27.25%	25.22%
Farming, Fishing, and Forestry	0.26%	0.68%
Construction, Extraction, and Maintenance	11.37%	9.37%
Production, Transportation, and Material Moving	12.93%	15.86%

The unemployment rate in Virginia, MN, is 8.10%, with job growth of 0.47%. Future job growth over the next ten years is predicted to be 32.84%.

Virginia, MN,sales tax rate is 6.50%. Income tax is 7.85%.

The income per capita is $21,124, which includes all adults and children. The median household income is $33,784.

Virginia Economy SperlingViews