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Economy in Bridgewater, Virginia

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Economy
EconomyBridgewater, VAUnited States
Unemployment Rate5.50%9.10%
Recent Job Growth1.60%-0.12%
Future Job Growth37.70%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income per Cap.$23,428$27,067
Household Income$53,346$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.53%12.10%
Income between 15K and 25K10.21%10.18%
Income between 25K and 35K9.55%10.56%
Income between 35K and 50K20.98%14.98%
Income between 50K and 75K22.10%19.53%
Income between 75K and 100K16.59%12.52%
Income between 100K and 150K10.57%12.14%
Income between 150K and 250K2.04%3.91%
Income between 250K and 500K1.28%3.34%
Income greater than 500K0.15%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.73%13.81%
Professional and Related Occupations29.32%22.68%
Service10.03%14.51%
Sales and Office31.49%25.22%
Farming, Fishing, and Forestry0.62%0.68%
Construction, Extraction, and Maintenance4.99%9.37%
Production, Transportation, and Material Moving15.16%15.86%
Median Household Income

The unemployment rate in Bridgewater, VA, is 5.50%, with job growth of 1.60%. Future job growth over the next ten years is predicted to be 37.70%.

Bridgewater, VA Taxes

Bridgewater, VA,sales tax rate is 5.00%. Income tax is 5.75%.

Bridgewater, VA Income and Salaries

The income per capita is $23,428, which includes all adults and children. The median household income is $53,346.


Bridgewater Economy SperlingViews

Town of Bridgewater, VA: Bridgewater is a small college town in the Shenandoah Valley about 10 mi. south of Harrisonburg. With excellent public and private schools from pre-k through college... (read more)Have an opinion about Bridgewater? Leave a commentTo See All SperlingViews for Bridgewater Click Here