Economy in Great Falls, Virginia
Overview,
People,
Health, Economy,
Housing,
Rankings,
Crime
Climate,
Education,
Transportation,
Cost of Living,
Religion,
Voting
Economy
| Unemployment Rate | 4.50% | 9.10% |
| Recent Job Growth | 0.51% | -0.12% |
| Future Job Growth | 36.52% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $81,958 | $27,067 |
| Household Income | $204,728 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 0.96% | 12.10% |
| Income between 15K and 25K | 1.06% | 10.18% |
| Income between 25K and 35K | 2.36% | 10.56% |
| Income between 35K and 50K | 2.46% | 14.98% |
| Income between 50K and 75K | 3.69% | 19.53% |
| Income between 75K and 100K | 7.08% | 12.52% |
| Income between 100K and 150K | 15.15% | 12.14% |
| Income between 150K and 250K | 16.69% | 3.91% |
| Income between 250K and 500K | 33.48% | 3.34% |
| Income greater than 500K | 17.07% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 39.07% | 13.81% |
| Professional and Related Occupations | 35.08% | 22.68% |
| Service | 6.69% | 14.51% |
| Sales and Office | 17.04% | 25.22% |
| Farming, Fishing, and Forestry | 0.13% | 0.68% |
| Construction, Extraction, and Maintenance | 1.82% | 9.37% |
| Production, Transportation, and Material Moving | 2.33% | 15.86% |
The unemployment rate in Great Falls, VA, is 4.50%, with job growth of 0.51%. Future job growth over the next ten years is predicted to be 36.52%.
Great Falls, VA Taxes
Great Falls, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Great Falls, VA Income and Salaries
The income per capita is $81,958, which includes all adults and children. The median household income is $204,728.
Great Falls Economy SperlingViews
Great Falls, Virginia: Close to Washington, DC (so you get the benefits of a major metropolitan area), yet maintains a semi-rural character. No multi-family housing. Excellent school system.... (read more)Too Much Money: It takes way too much money out here for anyone who is just starting or trying to get a foothold in the working world. You cannot afford to live anywhere without having... (read more)expensive housing: We actually live in a small part of Great Falls that is located in
Loudoun County, but this comment actually applies to the bulk of the
area in Northern Virginia. ... (read more)Have an opinion about Great Falls? Leave a commentTo See All SperlingViews for Great Falls Click Here
