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Economy in Fredericksburg, Virginia

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyFredericksburg, VAUnited States
Unemployment Rate9.70%9.10%
Recent Job Growth0.64%-0.12%
Future Job Growth31.58%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income per Cap.$31,120$27,067
Household Income$47,651$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.18%12.10%
Income between 15K and 25K12.67%10.18%
Income between 25K and 35K11.33%10.56%
Income between 35K and 50K16.64%14.98%
Income between 50K and 75K17.48%19.53%
Income between 75K and 100K12.22%12.52%
Income between 100K and 150K9.00%12.14%
Income between 150K and 250K3.85%3.91%
Income between 250K and 500K3.80%3.34%
Income greater than 500K0.82%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.20%13.81%
Professional and Related Occupations29.90%22.68%
Service22.47%14.51%
Sales and Office21.05%25.22%
Farming, Fishing, and Forestry0.29%0.68%
Construction, Extraction, and Maintenance10.42%9.37%
Production, Transportation, and Material Moving13.14%15.86%
Median Household Income

The unemployment rate in Fredericksburg, VA, is 9.70%, with job growth of 0.64%. Future job growth over the next ten years is predicted to be 31.58%.

Fredericksburg, VA Taxes

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

Fredericksburg, VA Income and Salaries

The income per capita is $31,120, which includes all adults and children. The median household income is $47,651.


Fredericksburg Economy SperlingViews

Good Luck!!!: You want to go anywhere around here plan on alot of extra travel time. I have been here now for 5 yrs and it just keeps getting worse with no relief in sight. 95 is the... (read more)My Whole Life: I have lived in Fredericksburg, VA all of my life. I went to school at Lee Hill Elementary Thornburg Middle and Massaponax High School! I just recently moved out of the... (read more)re: 20 years of living around Fredericksburg - 5/: I loved visiting your city but am concerned about the traffic congestion and the long commute to Washington DC. Is there any city closer to Washington, DC that has... (read more)Have an opinion about Fredericksburg? Leave a commentTo See All SperlingViews for Fredericksburg Click Here