Economy in Hampton, Virginia
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| Unemployment Rate | 8.00% | 8.60% |
| Recent Job Growth | 0.84% | 0.35% |
| Future Job Growth | 33.68% | 32.10% |
| Sales Taxes | 5.00% | 5.00% |
| Income Taxes | 5.75% | 4.70% |
| Income per Cap. | $25,325 | $26,154 |
| Household Income | $51,274 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 10.59% | 12.37% |
| Income between 15K and 25K | 10.47% | 10.53% |
| Income between 25K and 35K | 11.66% | 10.88% |
| Income between 35K and 50K | 16.02% | 15.37% |
| Income between 50K and 75K | 22.36% | 20.14% |
| Income between 75K and 100K | 13.79% | 12.41% |
| Income between 100K and 150K | 10.94% | 11.27% |
| Income between 150K and 250K | 3.13% | 5.01% |
| Income between 250K and 500K | 0.95% | 1.86% |
| Income greater than 500K | 0.09% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.89% | 14.04% |
| Professional and Related Occupations | 21.81% | 20.61% |
| Service | 14.89% | 14.45% |
| Sales and Office | 27.60% | 26.75% |
| Farming, Fishing, and Forestry | 0.26% | 0.70% |
| Construction, Extraction, and Maintenance | 10.98% | 9.42% |
| Production, Transportation, and Material Moving | 13.58% | 14.05% |
The unemployment rate in Hampton, VA, is 8.00%, with job growth of 0.84%. Future job growth over the next ten years is predicted to be 33.68%.
Hampton, VA Taxes
Hampton, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Hampton, VA Income and Salaries
The income per capita is $25,325, which includes all adults and children. The median household income is $51,274.
Hampton Economy SperlingViews
Hrbt: The Hampton Roads Bridge Tunnel AKA,(HRBT)is like the brain of all the traffic in VA. As a matter fact, all the tunnels are like the brain and when the brain stop... (read more)Area Climate: Summers = humid, Very warm
Fall = Beautifull, warm with cool nights. Lasts 2 to 3 months.
Winter = cool with temperatures in the 30's and 40's
rarely... (read more)Climate: Located on a peninsula jutting out into the Chesapeake Bay at the mouth of the James River, Hampton enjoys a temperate climate with cooling winds off of the water in the... (read more)Have an opinion about Hampton? Leave a commentTo See All SperlingViews for Hampton Click Here