Economy in Galax, Virginia
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Economy
| Unemployment Rate | 10.90% | 9.10% |
| Recent Job Growth | 4.18% | -0.12% |
| Future Job Growth | 37.46% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $20,995 | $27,067 |
| Household Income | $33,665 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 22.84% | 12.10% |
| Income between 15K and 25K | 14.63% | 10.18% |
| Income between 25K and 35K | 14.56% | 10.56% |
| Income between 35K and 50K | 14.29% | 14.98% |
| Income between 50K and 75K | 22.16% | 19.53% |
| Income between 75K and 100K | 5.34% | 12.52% |
| Income between 100K and 150K | 2.91% | 12.14% |
| Income between 150K and 250K | 0.57% | 3.91% |
| Income between 250K and 500K | 2.23% | 3.34% |
| Income greater than 500K | 0.47% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.54% | 13.81% |
| Professional and Related Occupations | 13.18% | 22.68% |
| Service | 12.81% | 14.51% |
| Sales and Office | 23.22% | 25.22% |
| Farming, Fishing, and Forestry | 0.40% | 0.68% |
| Construction, Extraction, and Maintenance | 8.89% | 9.37% |
| Production, Transportation, and Material Moving | 35.38% | 15.86% |
The unemployment rate in Galax, VA, is 10.90%, with job growth of 4.18%. Future job growth over the next ten years is predicted to be 37.46%.
Galax, VA Taxes
Galax, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Galax, VA Income and Salaries
The income per capita is $20,995, which includes all adults and children. The median household income is $33,665.
Galax Economy SperlingViews
It's beautiful: but the people are closed-minded and... (read more)Much to love: Bring your own job (and hopefully a few more), make friends, enlarge your cultural horizons and you will find Galax and Grayson County most agreeable. Inexpensive... (read more)What An Experience...if you like moving backward: If you want to revert to the past here is the place. I don't mean like Happy Days either more like Deliverance meets Andy Griffith with a heavy dose of the George Lopez... (read more)Have an opinion about Galax? Leave a commentTo See All SperlingViews for Galax Click Here
