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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Lake Monticello (zip 22963), Virginia, is 3.20%, with job growth of 1.70%. Future job growth over the next ten years is predicted to be 40.20%.

Lake Monticello (zip 22963), Virginia Taxes
Lake Monticello (zip 22963), Virginia,sales tax rate is 5.30%. Income tax is 5.75%.

Lake Monticello (zip 22963), Virginia Income and Salaries

The income per capita is $34,217, which includes all adults and children. The median household income is $70,026.

  ECONOMYLake Monticello, VirginiaUnited States
  Unemployment Rate  3.20%5.20%
  Recent Job Growth  1.70%1.59%
  Future Job Growth  40.20%37.98%
  Sales Taxes  5.30%6.00%
  Income Taxes  5.75%4.60%
  Income per Cap.  $34,217$28,555
  Household Income  $70,026$53,482
  Family Median Income  $78,784$65,443
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  5.90%12.55%
  Income between 15K and 20K  2.26%5.36%
  Income between 20K and 30K  8.49%10.42%
  Income between 30K and 40K  6.96%9.80%
  Income between 40K and 50K  11.56%8.80%
  Income between 50K and 60K  4.90%7.90%
  Income between 60K and 75K  16.34%9.93%
  Income between 75K and 100K  16.85%12.16%
  Income between 100K and 150K  18.38%13.01%
  Income between 150K and 200K  3.89%5.04%
  Income greater than 200K  4.48%5.03%
  POPULATION BY OCCUPATION
  Management, business, finance  3.05%14.54%
  Engineering, computers, science  4.90%5.34%
  Community, social services  0.55%1.67%
  Legal  0.00%1.16%
  Education, library  13.51%6.13%
  Arts, design, media, sports, entertainment  1.20%1.91%
  Healthcare practitioners and technology  0.98%5.67%
  Healthcare support  0.00%2.51%
  Firefighters, law enforcement  1.96%2.23%
  Food preparation, serving  17.21%5.76%
  Building maintenance  0.00%4.01%
  Personal care  7.73%3.65%
  Sales, office, administrative support  35.40%24.36%
  Farming, fishing, forestry  0.00%0.73%
  Construction, extraction, maintenance/repair  0.00%8.24%
  Production, transportation, material moving  13.51%12.09%

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