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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Palmyra (zip 22963), Virginia, is 3.60%, with job growth of 2.20%. Future job growth over the next ten years is predicted to be 40.80%.

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

Palmyra (zip 22963), Virginia Income and Salaries

The income per capita is $33,662, which includes all adults and children. The median household income is $74,899.

  ECONOMYPalmyra, VirginiaUnited States
  Unemployment Rate  3.60%6.30%
  Recent Job Growth  2.20%1.18%
  Future Job Growth  40.80%36.10%
  Sales Taxes  5.30%6.00%
  Income Taxes  5.75%4.72%
  Income per Cap.  $33,662$28,051
  Household Income  $74,899$53,046
  Family Median Income  $85,343$64,585
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  5.84%12.61%
  Income between 15K and 20K  2.98%5.33%
  Income between 20K and 30K  8.48%10.57%
  Income between 30K and 40K  6.78%9.90%
  Income between 40K and 50K  9.22%8.95%
  Income between 50K and 60K  5.40%8.08%
  Income between 60K and 75K  11.44%10.09%
  Income between 75K and 100K  20.05%12.25%
  Income between 100K and 150K  21.29%12.82%
  Income between 150K and 200K  3.33%4.78%
  Income greater than 200K  5.21%4.64%
  POPULATION BY OCCUPATION
  Management, business, finance  13.76%14.36%
  Engineering, computers, science  5.00%5.24%
  Community, social services  0.82%1.66%
  Legal  1.03%1.17%
  Education, library  9.52%6.10%
  Arts, design, media, sports, entertainment  3.73%1.88%
  Healthcare practitioners and technology  7.30%5.49%
  Healthcare support  0.66%2.47%
  Firefighters, law enforcement  3.14%2.24%
  Food preparation, serving  3.21%5.61%
  Building maintenance  4.57%3.97%
  Personal care  2.78%3.54%
  Sales, office, administrative support  29.89%24.89%
  Farming, fishing, forestry  0.19%0.73%
  Construction, extraction, maintenance/repair  8.36%8.56%
  Production, transportation, material moving  6.03%12.10%

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