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Economy in Abingdon, Virginia

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyAbingdon, VAUnited States
Unemployment Rate7.10%9.10%
Recent Job Growth-1.25%-0.12%
Future Job Growth30.40%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income per Cap.$25,739$27,067
Household Income$34,689$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K18.99%12.10%
Income between 15K and 25K15.93%10.18%
Income between 25K and 35K15.29%10.56%
Income between 35K and 50K14.32%14.98%
Income between 50K and 75K15.90%19.53%
Income between 75K and 100K8.35%12.52%
Income between 100K and 150K5.92%12.14%
Income between 150K and 250K2.56%3.91%
Income between 250K and 500K2.27%3.34%
Income greater than 500K0.48%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.69%13.81%
Professional and Related Occupations33.49%22.68%
Service13.43%14.51%
Sales and Office27.59%25.22%
Farming, Fishing, and Forestry0.14%0.68%
Construction, Extraction, and Maintenance9.02%9.37%
Production, Transportation, and Material Moving14.50%15.86%
Median Household Income

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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