Economy in Newington, Virginia
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Economy
| Unemployment Rate | 4.50% | 9.10% |
| Recent Job Growth | 0.51% | -0.12% |
| Future Job Growth | 36.52% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $45,856 | $27,067 |
| Household Income | $110,920 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 1.80% | 12.10% |
| Income between 15K and 25K | 1.25% | 10.18% |
| Income between 25K and 35K | 2.17% | 10.56% |
| Income between 35K and 50K | 4.94% | 14.98% |
| Income between 50K and 75K | 16.35% | 19.53% |
| Income between 75K and 100K | 17.06% | 12.52% |
| Income between 100K and 150K | 27.13% | 12.14% |
| Income between 150K and 250K | 16.90% | 3.91% |
| Income between 250K and 500K | 10.80% | 3.34% |
| Income greater than 500K | 1.60% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 26.54% | 13.81% |
| Professional and Related Occupations | 29.16% | 22.68% |
| Service | 10.51% | 14.51% |
| Sales and Office | 21.32% | 25.22% |
| Farming, Fishing, and Forestry | 0.07% | 0.68% |
| Construction, Extraction, and Maintenance | 6.50% | 9.37% |
| Production, Transportation, and Material Moving | 8.43% | 15.86% |
The unemployment rate in Newington, VA, is 4.50%, with job growth of 0.51%. Future job growth over the next ten years is predicted to be 36.52%.
Newington, VA Taxes
Newington, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Newington, VA Income and Salaries
The income per capita is $45,856, which includes all adults and children. The median household income is $110,920.
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