Economy in West Point, Virginia
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Economy
| Unemployment Rate | 6.90% | 9.10% |
| Recent Job Growth | -0.71% | -0.12% |
| Future Job Growth | 31.68% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $30,980 | $27,067 |
| Household Income | $63,906 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.21% | 12.10% |
| Income between 15K and 25K | 8.11% | 10.18% |
| Income between 25K and 35K | 9.77% | 10.56% |
| Income between 35K and 50K | 14.24% | 14.98% |
| Income between 50K and 75K | 21.03% | 19.53% |
| Income between 75K and 100K | 13.49% | 12.52% |
| Income between 100K and 150K | 17.47% | 12.14% |
| Income between 150K and 250K | 6.04% | 3.91% |
| Income between 250K and 500K | 3.23% | 3.34% |
| Income greater than 500K | 0.41% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 16.96% | 13.81% |
| Professional and Related Occupations | 25.44% | 22.68% |
| Service | 9.63% | 14.51% |
| Sales and Office | 21.17% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 11.87% | 9.37% |
| Production, Transportation, and Material Moving | 18.32% | 15.86% |
The unemployment rate in West Point, VA, is 6.90%, with job growth of -0.71%. Future job growth over the next ten years is predicted to be 31.68%.
West Point, VA Taxes
West Point, VA,sales tax rate is 5.00%. Income tax is 5.75%.
West Point, VA Income and Salaries
The income per capita is $30,980, which includes all adults and children. The median household income is $63,906.
West Point Economy SperlingViews
A friendly little town: West Point, despite Sperling's ignorant summary, is NOT named after the military academy. The town, which occupies a POINT joining three rivers, was once part of a... (read more)Have an opinion about West Point? Leave a commentTo See All SperlingViews for West Point Click Here
