Economy in Hampton, Virginia
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Economy
| Unemployment Rate | 8.40% | 9.10% |
| Recent Job Growth | -0.22% | -0.12% |
| Future Job Growth | 31.16% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $24,394 | $27,067 |
| Household Income | $49,153 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.06% | 12.10% |
| Income between 15K and 25K | 10.89% | 10.18% |
| Income between 25K and 35K | 12.28% | 10.56% |
| Income between 35K and 50K | 16.57% | 14.98% |
| Income between 50K and 75K | 22.22% | 19.53% |
| Income between 75K and 100K | 12.54% | 12.52% |
| Income between 100K and 150K | 10.45% | 12.14% |
| Income between 150K and 250K | 2.24% | 3.91% |
| Income between 250K and 500K | 1.47% | 3.34% |
| Income greater than 500K | 0.27% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.12% | 13.81% |
| Professional and Related Occupations | 21.45% | 22.68% |
| Service | 13.43% | 14.51% |
| Sales and Office | 22.73% | 25.22% |
| Farming, Fishing, and Forestry | 0.17% | 0.68% |
| Construction, Extraction, and Maintenance | 12.21% | 9.37% |
| Production, Transportation, and Material Moving | 16.35% | 15.86% |
The unemployment rate in Hampton, VA, is 8.40%, with job growth of -0.22%. Future job growth over the next ten years is predicted to be 31.16%.
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 $24,394, which includes all adults and children. The median household income is $49,153.
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
