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Economy in Mount Vernon, Virginia

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMount Vernon, VAUnited States
Unemployment Rate4.50%9.10%
Recent Job Growth0.51%-0.12%
Future Job Growth36.52%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income per Cap.$37,231$27,067
Household Income$76,499$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.74%12.10%
Income between 15K and 25K4.58%10.18%
Income between 25K and 35K6.71%10.56%
Income between 35K and 50K12.41%14.98%
Income between 50K and 75K20.63%19.53%
Income between 75K and 100K15.30%12.52%
Income between 100K and 150K18.76%12.14%
Income between 150K and 250K8.97%3.91%
Income between 250K and 500K6.48%3.34%
Income greater than 500K1.42%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations18.60%13.81%
Professional and Related Occupations25.09%22.68%
Service15.69%14.51%
Sales and Office25.11%25.22%
Farming, Fishing, and Forestry0.01%0.68%
Construction, Extraction, and Maintenance9.68%9.37%
Production, Transportation, and Material Moving10.09%15.86%
Median Household Income

The unemployment rate in Mount Vernon, VA, is 4.50%, with job growth of 0.51%. Future job growth over the next ten years is predicted to be 36.52%.

Mount Vernon, VA Taxes

Mount Vernon, VA,sales tax rate is 5.00%. Income tax is 5.75%.

Mount Vernon, VA Income and Salaries

The income per capita is $37,231, which includes all adults and children. The median household income is $76,499.


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