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Economy in Lake Barcroft, Virginia

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

Economy
EconomyLake Barcroft, VAUnited States
Unemployment Rate4.50%9.10%
Recent Job Growth0.51%-0.12%
Future Job Growth36.52%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income per Cap.$57,875$27,067
Household Income$107,026$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.04%12.10%
Income between 15K and 25K2.13%10.18%
Income between 25K and 35K5.72%10.56%
Income between 35K and 50K9.08%14.98%
Income between 50K and 75K13.34%19.53%
Income between 75K and 100K13.57%12.52%
Income between 100K and 150K18.52%12.14%
Income between 150K and 250K14.08%3.91%
Income between 250K and 500K17.07%3.34%
Income greater than 500K3.44%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations24.40%13.81%
Professional and Related Occupations35.22%22.68%
Service12.54%14.51%
Sales and Office16.13%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance7.51%9.37%
Production, Transportation, and Material Moving5.91%15.86%
Median Household Income

The unemployment rate in Lake Barcroft, VA, is 4.50%, with job growth of 0.51%. Future job growth over the next ten years is predicted to be 36.52%.

Lake Barcroft, VA Taxes

Lake Barcroft, VA,sales tax rate is 5.00%. Income tax is 5.75%.

Lake Barcroft, VA Income and Salaries

The income per capita is $57,875, which includes all adults and children. The median household income is $107,026.


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