Lynchburg, Virginia 

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Economy in Lynchburg, Virginia

Lynchburg has an unemployment rate of 4.0%. The US average is 3.9%.

Lynchburg has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Lynchburg
- The Sales Tax Rate for Lynchburg is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Lynchburg is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lynchburg
- The average income of a Lynchburg resident is $21,236 a year. The US average is $28,555 a year.
- The Median household income of a Lynchburg resident is $39,391 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYLynchburg, VirginiaUnited States
  4.2%3.7%
  2.1%1.6%
  30.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $22,439$31,177
  $41,971$57,652
  $54,491$70,850
  POPULATION BY OCCUPATION
  0.5%1.3%
  0.3%0.6%
  4.1%6.2%
  9.4%10.4%
  1.8%2.7%
  11.3%11.6%
  1.7%4.1%
  1.0%0.9%
  2.1%2.1%
  3.4%4.7%
  0.9%1.9%
  5.4%6.7%
  0.0%0.1%
  4.4%4.3%
  17.3%9.3%
  16.3%13.8%
  2.4%2.2%
  9.4%7.4%
  5.3%4.9%
  3.0%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Lynchburg    26 Reviews
    What Happened to This Nice Little Town? - 6/8/2017
    What happened to this city? It used to be such a quaint and friendly place. The environment has changed drastically and radically from a warm and caring populace to a... Read More

    Start Your Review of Lynchburg


    Nowhere near recovering - 3/5/2017
    In General Lynchburg does not have many opportunities. The professional occupations pay a dollar or 2 above minimum wage and then try to guilt you in to staying. Many... Read More

    Wanting Something Better - 5/7/2014
    I grew up in rural Minnesota, went to a Junior College in North Dakota, moved to Miami for five years and worked, After that, I moved to New York City for work and lived... Read More


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    MAPS OF LYNCHBURG, VIRGINIA
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    ZIP CODES IN LYNCHBURG, VIRGINIA
    24502 24501 24503 24504

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