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Economy in Speedwell (zip 24374), Virginia

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

EconomySpeedwell, VAUnited States
Unemployment Rate7.10%8.60%
Recent Job Growth3.25%0.35%
Future Job Growth39.40%32.10%
Sales Taxes5.00%5.00%
Income Taxes5.75%4.70%
Income per Cap.$24,258$26,154
Household Income$38,195$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.56%12.37%
Income between 15K and 25K13.25%10.53%
Income between 25K and 35K15.56%10.88%
Income between 35K and 50K17.55%15.37%
Income between 50K and 75K22.52%20.14%
Income between 75K and 100K6.29%12.41%
Income between 100K and 150K3.97%11.27%
Income between 150K and 250K2.32%5.01%
Income between 250K and 500K1.66%1.86%
Income greater than 500K0.00%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.11%14.04%
Professional and Related Occupations13.33%20.61%
Service17.14%14.45%
Sales and Office19.05%26.75%
Farming, Fishing, and Forestry1.90%0.70%
Construction, Extraction, and Maintenance9.84%9.42%
Production, Transportation, and Material Moving26.98%14.05%


Median Household Income

The unemployment rate in Speedwell (zip 24374), VA, is 7.10%, with job growth of 3.25%. Future job growth over the next ten years is predicted to be 39.40%.

Speedwell (zip 24374), VA Taxes

Speedwell (zip 24374), VA,sales tax rate is 5.00%. Income tax is 5.75%.

Speedwell (zip 24374), VA Income and Salaries

The income per capita is $24,258, which includes all adults and children. The median household income is $38,195.


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