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Economy in Springfield, Virginia

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomySpringfield, 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.$37,149$27,067
Household Income$90,416$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.85%12.10%
Income between 15K and 25K2.93%10.18%
Income between 25K and 35K4.91%10.56%
Income between 35K and 50K9.24%14.98%
Income between 50K and 75K17.42%19.53%
Income between 75K and 100K19.42%12.52%
Income between 100K and 150K23.39%12.14%
Income between 150K and 250K10.88%3.91%
Income between 250K and 500K6.95%3.34%
Income greater than 500K1.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations19.64%13.81%
Professional and Related Occupations24.43%22.68%
Service15.87%14.51%
Sales and Office22.39%25.22%
Farming, Fishing, and Forestry0.15%0.68%
Construction, Extraction, and Maintenance9.66%9.37%
Production, Transportation, and Material Moving11.41%15.86%
Median Household Income

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

Springfield, VA Taxes

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

Springfield, VA Income and Salaries

The income per capita is $37,149, which includes all adults and children. The median household income is $90,416.


Springfield Economy SperlingViews

Climate: Weather is definitely 4 seasons. The weather can be very changeable - and unpredictable because of our location. The forecast can be for several inches of snow or heavy... (read more)Things to do on a budget: Springfield, VA is close enough to our nation's captitol for easy access to some our country's greatest treasures that are free and family friendly. Examples include... (read more)Quality of life issues: We have been living in Springfield, VA for a number of years. The area does have jobs, but the quality of life is not very good. Springfield lacks a community center;... (read more)Have an opinion about Springfield? Leave a commentTo See All SperlingViews for Springfield Click Here