Economy in Petersburg, Virginia
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Economy
| Unemployment Rate | 11.00% | 9.10% |
| Recent Job Growth | -1.51% | -0.12% |
| Future Job Growth | 25.98% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $20,767 | $27,067 |
| Household Income | $37,098 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 20.19% | 12.10% |
| Income between 15K and 25K | 13.49% | 10.18% |
| Income between 25K and 35K | 13.92% | 10.56% |
| Income between 35K and 50K | 16.00% | 14.98% |
| Income between 50K and 75K | 17.35% | 19.53% |
| Income between 75K and 100K | 9.73% | 12.52% |
| Income between 100K and 150K | 6.48% | 12.14% |
| Income between 150K and 250K | 1.37% | 3.91% |
| Income between 250K and 500K | 1.22% | 3.34% |
| Income greater than 500K | 0.25% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.33% | 13.81% |
| Professional and Related Occupations | 22.76% | 22.68% |
| Service | 18.16% | 14.51% |
| Sales and Office | 24.25% | 25.22% |
| Farming, Fishing, and Forestry | 0.10% | 0.68% |
| Construction, Extraction, and Maintenance | 7.89% | 9.37% |
| Production, Transportation, and Material Moving | 18.72% | 15.86% |
The unemployment rate in Petersburg, VA, is 11.00%, with job growth of -1.51%. Future job growth over the next ten years is predicted to be 25.98%.
Petersburg, VA Taxes
Petersburg, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Petersburg, VA Income and Salaries
The income per capita is $20,767, which includes all adults and children. The median household income is $37,098.
Petersburg Economy SperlingViews
Climate: Climate is hot and humid in summer but spring and fall are generally quite nice. Winters are not bad either, it snows occasionally but there is still a lot of sunshine... (read more)Distorted perception of crime: Petersburg's crime statistics do not accurately reflect the true picture of our city. Unfortunately, cime is crime, but the lack of the most serious random acts of crime... (read more)Petersburg an exciting value for those who want to: Though there are people who rent in petersburg who work in nearby richmond, the rental market is not yet prohibitive in richmond. The real value is for those who want... (read more)Have an opinion about Petersburg? Leave a commentTo See All SperlingViews for Petersburg Click Here
