Economy in Montrose, Virginia
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Economy
| Unemployment Rate | 6.30% | 9.10% |
| Recent Job Growth | -0.36% | -0.12% |
| Future Job Growth | 32.98% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $20,329 | $27,067 |
| Household Income | $42,606 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 16.50% | 12.10% |
| Income between 15K and 25K | 11.95% | 10.18% |
| Income between 25K and 35K | 11.62% | 10.56% |
| Income between 35K and 50K | 19.76% | 14.98% |
| Income between 50K and 75K | 22.04% | 19.53% |
| Income between 75K and 100K | 11.35% | 12.52% |
| Income between 100K and 150K | 6.23% | 12.14% |
| Income between 150K and 250K | 0.27% | 3.91% |
| Income between 250K and 500K | 0.27% | 3.34% |
| Income greater than 500K | 0.03% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.79% | 13.81% |
| Professional and Related Occupations | 15.01% | 22.68% |
| Service | 15.83% | 14.51% |
| Sales and Office | 33.08% | 25.22% |
| Farming, Fishing, and Forestry | 0.19% | 0.68% |
| Construction, Extraction, and Maintenance | 12.81% | 9.37% |
| Production, Transportation, and Material Moving | 21.06% | 15.86% |
The unemployment rate in Montrose, VA, is 6.30%, with job growth of -0.36%. Future job growth over the next ten years is predicted to be 32.98%.
Montrose, VA Taxes
Montrose, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Montrose, VA Income and Salaries
The income per capita is $20,329, which includes all adults and children. The median household income is $42,606.
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