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Economy in Hampton, Virginia

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyHampton, VAUnited States
Unemployment Rate8.00%8.60%
Recent Job Growth0.84%0.35%
Future Job Growth33.68%32.10%
Sales Taxes5.00%5.00%
Income Taxes5.75%4.70%
Income per Cap.$25,325$26,154
Household Income$51,274$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.59%12.37%
Income between 15K and 25K10.47%10.53%
Income between 25K and 35K11.66%10.88%
Income between 35K and 50K16.02%15.37%
Income between 50K and 75K22.36%20.14%
Income between 75K and 100K13.79%12.41%
Income between 100K and 150K10.94%11.27%
Income between 150K and 250K3.13%5.01%
Income between 250K and 500K0.95%1.86%
Income greater than 500K0.09%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.89%14.04%
Professional and Related Occupations21.81%20.61%
Service14.89%14.45%
Sales and Office27.60%26.75%
Farming, Fishing, and Forestry0.26%0.70%
Construction, Extraction, and Maintenance10.98%9.42%
Production, Transportation, and Material Moving13.58%14.05%


Median Household Income

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