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Economy in Virginia Beach city County, Virginia

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyVirginia Beach city, VAUnited States
Unemployment Rate5.80%8.60%
Recent Job Growth0.78%0.35%
Future Job Growth35.76%32.10%
Sales Taxes5.00%5.00%
Income Taxes5.75%4.70%
Income per Cap.$30,026$26,154
Household Income$63,428$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.52%12.37%
Income between 15K and 25K5.91%10.53%
Income between 25K and 35K8.86%10.88%
Income between 35K and 50K16.06%15.37%
Income between 50K and 75K23.49%20.14%
Income between 75K and 100K17.24%12.41%
Income between 100K and 150K14.77%11.27%
Income between 150K and 250K5.93%5.01%
Income between 250K and 500K2.04%1.86%
Income greater than 500K0.17%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.23%14.04%
Professional and Related Occupations22.28%20.61%
Service14.66%14.45%
Sales and Office29.97%26.75%
Farming, Fishing, and Forestry0.13%0.70%
Construction, Extraction, and Maintenance9.89%9.42%
Production, Transportation, and Material Moving8.84%14.05%


Median Household Income

The unemployment rate in Virginia Beach city County, VA, is 5.80%, with job growth of 0.78%. Future job growth over the next ten years is predicted to be 35.76%.

Virginia Beach city County, VA Taxes

Virginia Beach city County, VA,sales tax rate is 5.00%. Income tax is 5.75%.

Virginia Beach city County, VA Income and Salaries

The income per capita is $30,026, which includes all adults and children. The median household income is $63,428.


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