Economy in Abingdon, Virginia
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Economy
| Unemployment Rate | 7.10% | 9.10% |
| Recent Job Growth | -1.25% | -0.12% |
| Future Job Growth | 30.40% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $25,739 | $27,067 |
| Household Income | $34,689 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 18.99% | 12.10% |
| Income between 15K and 25K | 15.93% | 10.18% |
| Income between 25K and 35K | 15.29% | 10.56% |
| Income between 35K and 50K | 14.32% | 14.98% |
| Income between 50K and 75K | 15.90% | 19.53% |
| Income between 75K and 100K | 8.35% | 12.52% |
| Income between 100K and 150K | 5.92% | 12.14% |
| Income between 150K and 250K | 2.56% | 3.91% |
| Income between 250K and 500K | 2.27% | 3.34% |
| Income greater than 500K | 0.48% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.69% | 13.81% |
| Professional and Related Occupations | 33.49% | 22.68% |
| Service | 13.43% | 14.51% |
| Sales and Office | 27.59% | 25.22% |
| Farming, Fishing, and Forestry | 0.14% | 0.68% |
| Construction, Extraction, and Maintenance | 9.02% | 9.37% |
| Production, Transportation, and Material Moving | 14.50% | 15.86% |
The unemployment rate in Abingdon, VA, is 7.10%, with job growth of -1.25%. Future job growth over the next ten years is predicted to be 30.40%.
Abingdon, VA Taxes
Abingdon, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Abingdon, VA Income and Salaries
The income per capita is $25,739, which includes all adults and children. The median household income is $34,689.
Abingdon Economy SperlingViews
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