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Economy in Forest, Virginia

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyForest, VAUnited States
Unemployment Rate6.20%9.10%
Recent Job Growth3.46%-0.12%
Future Job Growth40.72%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income per Cap.$33,858$27,067
Household Income$67,630$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.15%12.10%
Income between 15K and 25K3.54%10.18%
Income between 25K and 35K10.41%10.56%
Income between 35K and 50K17.41%14.98%
Income between 50K and 75K19.13%19.53%
Income between 75K and 100K15.06%12.52%
Income between 100K and 150K20.37%12.14%
Income between 150K and 250K5.09%3.91%
Income between 250K and 500K3.38%3.34%
Income greater than 500K0.47%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations17.66%13.81%
Professional and Related Occupations31.96%22.68%
Service8.66%14.51%
Sales and Office26.46%25.22%
Farming, Fishing, and Forestry0.04%0.68%
Construction, Extraction, and Maintenance5.33%9.37%
Production, Transportation, and Material Moving10.17%15.86%
Median Household Income

The unemployment rate in Forest, VA, is 6.20%, with job growth of 3.46%. Future job growth over the next ten years is predicted to be 40.72%.

Forest, VA Taxes

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

Forest, VA Income and Salaries

The income per capita is $33,858, which includes all adults and children. The median household income is $67,630.


Forest Economy SperlingViews

Forest is a Great Place to live: I moved to Forest a little over a year ago. I have to say that the peace and quiet agrees with me. I love the beautiful scenic view, the lack of crowds, and the... (read more)Have an opinion about Forest? Leave a commentTo See All SperlingViews for Forest Click Here