Economy in Tangier, Virginia
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Economy
| Unemployment Rate | 7.50% | 9.10% |
| Recent Job Growth | 4.06% | -0.12% |
| Future Job Growth | 40.62% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $26,374 | $27,067 |
| Household Income | $37,172 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 16.74% | 12.10% |
| Income between 15K and 25K | 16.28% | 10.18% |
| Income between 25K and 35K | 15.35% | 10.56% |
| Income between 35K and 50K | 11.16% | 14.98% |
| Income between 50K and 75K | 14.88% | 19.53% |
| Income between 75K and 100K | 16.28% | 12.52% |
| Income between 100K and 150K | 1.86% | 12.14% |
| Income between 150K and 250K | 1.86% | 3.91% |
| Income between 250K and 500K | 4.19% | 3.34% |
| Income greater than 500K | 1.40% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.78% | 13.81% |
| Professional and Related Occupations | 14.67% | 22.68% |
| Service | 14.22% | 14.51% |
| Sales and Office | 9.33% | 25.22% |
| Farming, Fishing, and Forestry | 25.33% | 0.68% |
| Construction, Extraction, and Maintenance | 12.44% | 9.37% |
| Production, Transportation, and Material Moving | 16.89% | 15.86% |
The unemployment rate in Tangier, VA, is 7.50%, with job growth of 4.06%. Future job growth over the next ten years is predicted to be 40.62%.
Tangier, VA Taxes
Tangier, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Tangier, VA Income and Salaries
The income per capita is $26,374, which includes all adults and children. The median household income is $37,172.
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