Economy in Lake Ridge, Virginia
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Economy
| Unemployment Rate | 5.40% | 9.10% |
| Recent Job Growth | 0.36% | -0.12% |
| Future Job Growth | 35.32% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $41,163 | $27,067 |
| Household Income | $92,980 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 1.90% | 12.10% |
| Income between 15K and 25K | 2.47% | 10.18% |
| Income between 25K and 35K | 3.84% | 10.56% |
| Income between 35K and 50K | 10.08% | 14.98% |
| Income between 50K and 75K | 19.11% | 19.53% |
| Income between 75K and 100K | 17.41% | 12.52% |
| Income between 100K and 150K | 24.84% | 12.14% |
| Income between 150K and 250K | 12.83% | 3.91% |
| Income between 250K and 500K | 6.73% | 3.34% |
| Income greater than 500K | 0.80% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 24.44% | 13.81% |
| Professional and Related Occupations | 28.58% | 22.68% |
| Service | 10.96% | 14.51% |
| Sales and Office | 23.79% | 25.22% |
| Farming, Fishing, and Forestry | 0.05% | 0.68% |
| Construction, Extraction, and Maintenance | 6.19% | 9.37% |
| Production, Transportation, and Material Moving | 6.09% | 15.86% |
The unemployment rate in Lake Ridge, VA, is 5.40%, with job growth of 0.36%. Future job growth over the next ten years is predicted to be 35.32%.
Lake Ridge, VA Taxes
Lake Ridge, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Lake Ridge, VA Income and Salaries
The income per capita is $41,163, which includes all adults and children. The median household income is $92,980.
Lake Ridge Economy SperlingViews
Nothing Special: Nothing... (read more)Close to Washington DC: The cost of living in Lake Ridge is quite high though not as high as the Washington DC area. Washington is about 30 miles from Lake Ridge and easily accessible by... (read more)Have an opinion about Lake Ridge? Leave a commentTo See All SperlingViews for Lake Ridge Click Here
