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Economy in Fairfax, Virginia

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyFairfax, VAUnited States
Unemployment Rate5.10%9.10%
Recent Job Growth0.42%-0.12%
Future Job Growth35.74%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income per Cap.$45,020$27,067
Household Income$94,985$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.13%12.10%
Income between 15K and 25K2.63%10.18%
Income between 25K and 35K4.43%10.56%
Income between 35K and 50K7.50%14.98%
Income between 50K and 75K18.73%19.53%
Income between 75K and 100K17.02%12.52%
Income between 100K and 150K23.23%12.14%
Income between 150K and 250K11.58%3.91%
Income between 250K and 500K10.20%3.34%
Income greater than 500K1.54%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations24.26%13.81%
Professional and Related Occupations34.05%22.68%
Service14.27%14.51%
Sales and Office24.82%25.22%
Farming, Fishing, and Forestry0.10%0.68%
Construction, Extraction, and Maintenance6.48%9.37%
Production, Transportation, and Material Moving3.41%15.86%
Median Household Income

The unemployment rate in Fairfax, VA, is 5.10%, with job growth of 0.42%. Future job growth over the next ten years is predicted to be 35.74%.

Fairfax, VA Taxes

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

Fairfax, VA Income and Salaries

The income per capita is $45,020, which includes all adults and children. The median household income is $94,985.


Fairfax Economy SperlingViews

Economy: Booming economy thanks to uncle sam and tech sector. Low rate of unemployment. High house prices to go with the... (read more)Traffic Problem: This area is very bad for your health. The traffic is killing my back. I am trying to get... (read more)A place where north and south meet: While Virginia is considered a southern state, Northern Virginia is a mix of southern and northern. Not only in culture, but also in weather. At times it gets bitter... (read more)Have an opinion about Fairfax? Leave a commentTo See All SperlingViews for Fairfax Click Here