Economy in Virginia Beach-Norfolk-Newport News Metro Area, Virginia
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| Unemployment Rate | 6.70% | 8.60% |
| Recent Job Growth | 0.68% | 0.35% |
| Future Job Growth | 34.66% | 32.10% |
| Sales Taxes | 5.00% | 5.00% |
| Income Taxes | 5.75% | 4.70% |
| Income per Cap. | $27,711 | $26,154 |
| Household Income | $56,692 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 9.31% | 12.37% |
| Income between 15K and 25K | 8.51% | 10.53% |
| Income between 25K and 35K | 10.08% | 10.88% |
| Income between 35K and 50K | 15.59% | 15.37% |
| Income between 50K and 75K | 21.85% | 20.14% |
| Income between 75K and 100K | 14.96% | 12.41% |
| Income between 100K and 150K | 13.07% | 11.27% |
| Income between 150K and 250K | 4.89% | 5.01% |
| Income between 250K and 500K | 1.60% | 1.86% |
| Income greater than 500K | 0.14% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.19% | 14.04% |
| Professional and Related Occupations | 21.68% | 20.61% |
| Service | 15.05% | 14.45% |
| Sales and Office | 27.53% | 26.75% |
| Farming, Fishing, and Forestry | 0.28% | 0.70% |
| Construction, Extraction, and Maintenance | 10.78% | 9.42% |
| Production, Transportation, and Material Moving | 11.49% | 14.05% |
The unemployment rate in Virginia Beach-Norfolk-Newport News Metro Area, VA, is 6.70%, with job growth of 0.68%. Future job growth over the next ten years is predicted to be 34.66%.
Virginia Beach-Norfolk-Newport News Metro Area, VA Taxes
Virginia Beach-Norfolk-Newport News Metro Area, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Virginia Beach-Norfolk-Newport News Metro Area, VA Income and Salaries
The income per capita is $27,711, which includes all adults and children. The median household income is $56,692.
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