Economy in Springfield, 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. | $37,149 | $27,067 |
| Household Income | $90,416 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.85% | 12.10% |
| Income between 15K and 25K | 2.93% | 10.18% |
| Income between 25K and 35K | 4.91% | 10.56% |
| Income between 35K and 50K | 9.24% | 14.98% |
| Income between 50K and 75K | 17.42% | 19.53% |
| Income between 75K and 100K | 19.42% | 12.52% |
| Income between 100K and 150K | 23.39% | 12.14% |
| Income between 150K and 250K | 10.88% | 3.91% |
| Income between 250K and 500K | 6.95% | 3.34% |
| Income greater than 500K | 1.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.64% | 13.81% |
| Professional and Related Occupations | 24.43% | 22.68% |
| Service | 15.87% | 14.51% |
| Sales and Office | 22.39% | 25.22% |
| Farming, Fishing, and Forestry | 0.15% | 0.68% |
| Construction, Extraction, and Maintenance | 9.66% | 9.37% |
| Production, Transportation, and Material Moving | 11.41% | 15.86% |
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