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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Lynchburg, Virginia, is 5.70%, with job growth of -0.23%. Future job growth over the next ten years is predicted to be 33.83%.

Lynchburg, Virginia Taxes
Lynchburg, Virginia,sales tax rate is 5.30%. Income tax is 5.75%.

Lynchburg, Virginia Income and Salaries

The income per capita is $21,236, which includes all adults and children. The median household income is $39,391.


  ECONOMYLynchburg, VirginiaUnited States
  Unemployment Rate  5.70%5.20%
  Recent Job Growth  -0.23%1.59%
  Future Job Growth  33.83%37.98%
  Sales Taxes  5.30%6.00%
  Income Taxes  5.75%4.60%
  Income per Cap.  $21,236$28,555
  Household Income  $39,391$53,482
  Family Median Income  $51,040$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting  0.46%1.35%
  Mining, quarrying, oil and gas extraction  0.26%0.61%
  Construction  4.14%6.19%
  Manufacturing  9.39%10.41%
  Wholesale trade  1.77%2.72%
  Retail trade  11.30%11.55%
  Transportation and warehousing  1.74%4.11%
  Utilities  00
  Information  2.08%2.12%
  Finance and insurance  3.44%4.69%
  Real estate, rental, leasing  0.91%1.89%
  Professional, scientific, technical services  5.41%6.68%
  Management of companies  0.03%0.08%
  Administrative, support, waste mgt svcs  4.36%4.27%
  Educational services  17.32%9.34%
  Health care and social assistance  16.31%13.81%
  Arts, entertainment, recreation  2.35%2.16%
  Accommodation, food services  9.43%7.44%
  Other services  5.28%4.94%
  Public administration  3.03%4.80%

  ECONOMY MAP

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Reviews for Lynchburg


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Lynchburg

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Start Your Review of Lynchburg, VA


  6/8/2017
What Happened to This Nice Little Town?

What happened to this city? It used to be such a quaint and friendly place. The environment has changed drastically and radically from a warm and caring populace to a... (Read More)

 49

 66

  3/5/2017
Nowhere near recovering

In General Lynchburg does not have many opportunities. The professional occupations pay a dollar or 2 above minimum wage and then try to guilt you in to staying. Many... (Read More)

 137

 106

  5/7/2014
Wanting Something Better

I grew up in rural Minnesota, went to a Junior College in North Dakota, moved to Miami for five years and worked, After that, I moved to New York City for work and lived... (Read More)

 138

 159


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