Economy in Lake Monticello, Virginia
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Economy
| Unemployment Rate | 5.20% | 9.10% |
| Recent Job Growth | 1.27% | -0.12% |
| Future Job Growth | 37.34% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $35,970 | $27,067 |
| Household Income | $77,056 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.03% | 12.10% |
| Income between 15K and 25K | 5.15% | 10.18% |
| Income between 25K and 35K | 6.13% | 10.56% |
| Income between 35K and 50K | 11.85% | 14.98% |
| Income between 50K and 75K | 22.98% | 19.53% |
| Income between 75K and 100K | 19.34% | 12.52% |
| Income between 100K and 150K | 22.07% | 12.14% |
| Income between 150K and 250K | 7.52% | 3.91% |
| Income between 250K and 500K | 2.61% | 3.34% |
| Income greater than 500K | 0.31% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.81% | 13.81% |
| Professional and Related Occupations | 31.73% | 22.68% |
| Service | 11.19% | 14.51% |
| Sales and Office | 27.81% | 25.22% |
| Farming, Fishing, and Forestry | 0.24% | 0.68% |
| Construction, Extraction, and Maintenance | 5.85% | 9.37% |
| Production, Transportation, and Material Moving | 8.32% | 15.86% |
The unemployment rate in Lake Monticello, VA, is 5.20%, with job growth of 1.27%. Future job growth over the next ten years is predicted to be 37.34%.
Lake Monticello, VA Taxes
Lake Monticello, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Lake Monticello, VA Income and Salaries
The income per capita is $35,970, which includes all adults and children. The median household income is $77,056.
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