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Economy in Lynchburg, Virginia

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

EconomyLynchburg, VAUnited States
Unemployment Rate5.70%6.30%
Recent Job Growth0.26%1.18%
Future Job Growth34.80%36.10%
Sales Taxes5.30%6.00%
Income Taxes5.75%4.72%
Income per Cap.$21,824$28,051
Household Income$37,774$53,046
Family Median Income$53,034$64,585
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K20.76%12.61%
Income between 15K and 20K6.28%5.33%
Income between 20K and 30K13.63%10.57%
Income between 30K and 40K11.47%9.90%
Income between 40K and 50K9.46%8.95%
Income between 50K and 60K6.77%8.08%
Income between 60K and 75K8.83%10.09%
Income between 75K and 100K8.80%12.25%
Income between 100K and 150K8.48%12.82%
Income between 150K and 200K2.96%4.78%
Income greater than 200K2.55%4.64%
POPULATION BY OCCUPATION
Management, business, finance12.57%14.36%
Engineering, computers, science4.77%5.24%
Community, social services3.45%1.66%
Legal1.02%1.17%
Education, library6.91%6.10%
Arts, design, media, sports, entertainment1.98%1.88%
Healthcare practitioners and technology4.99%5.49%
Healthcare support3.69%2.47%
Firefighters, law enforcement1.79%2.24%
Food preparation, serving7.56%5.61%
Building maintenance3.59%3.97%
Personal care4.30%3.54%
Sales, office, administrative support26.95%24.89%
Farming, fishing, forestry0.16%0.73%
Construction, extraction, maintenance/repair4.71%8.56%
Production, transportation, material moving11.56%12.10%

The unemployment rate in Lynchburg, VA, is 5.70%, with job growth of 0.26%. Future job growth over the next ten years is predicted to be 34.80%.

Lynchburg, VA Taxes

Lynchburg, VA,sales tax rate is 5.30%. Income tax is 5.75%.

Lynchburg, VA Income and Salaries

The income per capita is $21,824, which includes all adults and children. The median household income is $37,774.


Lynchburg Economy SperlingViews

A LOVELY MID-SIZED CITY: WE HAVE LIVED IN LYNCHBURG FOR 8 YEARS AND LOVE THE AREA. COST OF LIVING IS REASONABLE AND THE AREA IS BEAUTIFUL. LYNCHBURG IS NICKNAMED THE HILL CITY AND HAS LOVELY... (read more)LYNCHBURG is for Lovers: Hate it or love it, Lynchburg, Virginia. I love the location of Lynchburg being southwest of Richmond, northwest of Roanoke(my least favorite city in Va) and south of... (read more)Progress, but not quite Progressive...: I'm pleased to report that many undesirable negatives identified in some of these posts have been resolved in Lynchburg within the past 2-3 years: 1. Nightlife. There... (read more)Have an opinion about Lynchburg? Leave a commentTo See All SperlingViews for Lynchburg Click Here