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Economy in Washington, Virginia

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Economy
EconomyWashington, VAUnited States
Unemployment Rate4.90%9.10%
Recent Job Growth2.55%-0.12%
Future Job Growth40.20%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income per Cap.$41,498$27,067
Household Income$65,083$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.79%12.10%
Income between 15K and 25K5.19%10.18%
Income between 25K and 35K9.09%10.56%
Income between 35K and 50K15.58%14.98%
Income between 50K and 75K20.78%19.53%
Income between 75K and 100K14.29%12.52%
Income between 100K and 150K14.28%12.14%
Income between 150K and 250K3.90%3.91%
Income between 250K and 500K6.49%3.34%
Income greater than 500K2.60%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations17.78%13.81%
Professional and Related Occupations21.11%22.68%
Service16.67%14.51%
Sales and Office20.00%25.22%
Farming, Fishing, and Forestry2.22%0.68%
Construction, Extraction, and Maintenance14.44%9.37%
Production, Transportation, and Material Moving8.89%15.86%
Median Household Income

The unemployment rate in Washington, VA, is 4.90%, with job growth of 2.55%. Future job growth over the next ten years is predicted to be 40.20%.

Washington, VA Taxes

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

Washington, VA Income and Salaries

The income per capita is $41,498, which includes all adults and children. The median household income is $65,083.


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