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Economy in Williamsburg, Virginia

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyWilliamsburg, VAUnited States
Unemployment Rate16.00%9.10%
Recent Job Growth-1.43%-0.12%
Future Job Growth21.14%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income per Cap.$25,524$27,067
Household Income$51,210$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.57%12.10%
Income between 15K and 25K10.77%10.18%
Income between 25K and 35K11.33%10.56%
Income between 35K and 50K14.49%14.98%
Income between 50K and 75K19.63%19.53%
Income between 75K and 100K10.53%12.52%
Income between 100K and 150K9.19%12.14%
Income between 150K and 250K5.00%3.91%
Income between 250K and 500K5.58%3.34%
Income greater than 500K0.90%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.44%13.81%
Professional and Related Occupations30.78%22.68%
Service20.00%14.51%
Sales and Office28.78%25.22%
Farming, Fishing, and Forestry0.16%0.68%
Construction, Extraction, and Maintenance6.49%9.37%
Production, Transportation, and Material Moving6.31%15.86%
Median Household Income

The unemployment rate in Williamsburg, VA, is 16.00%, with job growth of -1.43%. Future job growth over the next ten years is predicted to be 21.14%.

Williamsburg, VA Taxes

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

Williamsburg, VA Income and Salaries

The income per capita is $25,524, which includes all adults and children. The median household income is $51,210.


Williamsburg Economy SperlingViews

History buffs: Very nice area for history buffs. Colonial Williamsburg is terrific, while nearby is Jamestown, Yorktown and numerous Civil War... (read more)Excellent opportunities: The College of William & Mary has all kinds of cultural offerings, particularly in dramatic and fine arts. If you like golf, Williamsburg has a wealth of very high... (read more)Wonderful, warm Williamsburg: Few places combine the cultural and historical aspects of Williamsburg, Virginia. The past meets the present in a place where America travelled from the frontier days... (read more)Have an opinion about Williamsburg? Leave a commentTo See All SperlingViews for Williamsburg Click Here