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Economy in Roanoke, Virginia

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyRoanoke, VAUnited States
Unemployment Rate8.50%9.10%
Recent Job Growth-1.27%-0.12%
Future Job Growth28.96%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income per Cap.$23,720$27,067
Household Income$38,905$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.31%12.10%
Income between 15K and 25K14.50%10.18%
Income between 25K and 35K13.73%10.56%
Income between 35K and 50K17.30%14.98%
Income between 50K and 75K18.76%19.53%
Income between 75K and 100K8.66%12.52%
Income between 100K and 150K6.34%12.14%
Income between 150K and 250K1.41%3.91%
Income between 250K and 500K1.62%3.34%
Income greater than 500K0.37%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.22%13.81%
Professional and Related Occupations22.18%22.68%
Service17.03%14.51%
Sales and Office29.87%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance7.67%9.37%
Production, Transportation, and Material Moving17.80%15.86%
Median Household Income

The unemployment rate in Roanoke, VA, is 8.50%, with job growth of -1.27%. Future job growth over the next ten years is predicted to be 28.96%.

Roanoke, VA Taxes

Roanoke, VA,sales tax rate is 5.00%. Income tax is 5.75%.

Roanoke, VA Income and Salaries

The income per capita is $23,720, which includes all adults and children. The median household income is $38,905.


Roanoke Economy SperlingViews

re: Allergies? - 8/19/2008: We just returned from a 5 day vacation to the Newport News/Virginia Beach area. Literally as soon as we set foot on the ground, my 14 year old's nose filled up like he... (read more)Allergies?: I am considering moving to the Roanoke area from the foothills of Colorado. I was just wondering why there have been claims of bad allergies there. Is it a pollen... (read more)Roanoke climate: Spectacular spring and fall. Hot humid summers and wet cold... (read more)Have an opinion about Roanoke? Leave a commentTo See All SperlingViews for Roanoke Click Here