Economy in Norfolk (zip 23551), Virginia
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| Unemployment Rate | 8.40% | 8.60% |
| Recent Job Growth | 0.57% | 0.35% |
| Future Job Growth | 32.74% | 32.10% |
| Sales Taxes | 5.00% | 5.00% |
| Income Taxes | 5.75% | 4.70% |
| Income per Cap. | $17,925 | $26,154 |
| Household Income | $45,598 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.61% | 12.37% |
| Income between 15K and 25K | 8.66% | 10.53% |
| Income between 25K and 35K | 17.69% | 10.88% |
| Income between 35K and 50K | 28.88% | 15.37% |
| Income between 50K and 75K | 24.19% | 20.14% |
| Income between 75K and 100K | 8.66% | 12.41% |
| Income between 100K and 150K | 6.14% | 11.27% |
| Income between 150K and 250K | 1.44% | 5.01% |
| Income between 250K and 500K | 0.36% | 1.86% |
| Income greater than 500K | 0.00% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.22% | 14.04% |
| Professional and Related Occupations | 17.69% | 20.61% |
| Service | 21.77% | 14.45% |
| Sales and Office | 18.71% | 26.75% |
| Farming, Fishing, and Forestry | 0.00% | 0.70% |
| Construction, Extraction, and Maintenance | 17.01% | 9.42% |
| Production, Transportation, and Material Moving | 13.27% | 14.05% |
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The unemployment rate in Norfolk (zip 23551), VA, is 8.40%, with job growth of 0.57%. Future job growth over the next ten years is predicted to be 32.74%.
Norfolk (zip 23551), VA Taxes
Norfolk (zip 23551), VA,sales tax rate is 5.00%. Income tax is 5.75%.
Norfolk (zip 23551), VA Income and Salaries
The income per capita is $17,925, which includes all adults and children. The median household income is $45,598.
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