Charlottesville, Virginia 

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Economy in Charlottesville, Virginia

Charlottesville has an unemployment rate of 3.4%. The US average is 5.2%.

Charlottesville has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 40.4%, which is higher than the US average of 38.0%.

Tax Rates for Charlottesville
- The Sales Tax Rate for Charlottesville is 5.3%. The US average is 6.0%.
- The Income Tax Rate for Charlottesville is 5.8%. The US average is 4.6%.

Income and Salaries for Charlottesville
- The average income of a Charlottesville resident is $28,285 a year. The US average is $28,555 a year.
- The Median household income of a Charlottesville resident is $47,218 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYCharlottesville, VirginiaUnited States
  Unemployment Rate3.4%5.2%
  Recent Job Growth1.9%1.6%
  Future Job Growth40.4%38.0%
  Sales Taxes5.3%6.0%
  Income Taxes0.05750.046
  Income per Cap.$28,285$28,555
  Household Income$47,218$53,482
  Family Median Income$67,685$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.8%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction3.6%6.2%
  Manufacturing3.5%10.4%
  Wholesale trade0.9%2.7%
  Retail trade9.1%11.6%
  Transportation and warehousing1.6%4.1%
  Utilities00
  Information2.3%2.1%
  Finance and insurance2.2%4.7%
  Real estate, rental, leasing1.2%1.9%
  Professional, scientific, technical services10.5%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs2.8%4.3%
  Educational services22.0%9.3%
  Health care and social assistance16.4%13.8%
  Arts, entertainment, recreation1.9%2.2%
  Accommodation, food services12.1%7.4%
  Other services5.4%4.9%
  Public administration3.4%4.8%
ECONOMY MAP
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    Reviews for Charlottesville    39 Reviews
    Did not want to leave! - 3/18/2018
    I went to UVa in the late 70's and spent nearly 6 years there as an undergrad and afterward as a townie. Probably the best years of my life. I only left to pursue... Read More

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    loved it here and sick missing it. - 3/7/2017
    Want to start by saying we have lived in Boise, San Francisco, Seattle, Corvallis-Oregon, Yakima-Washington, Las Vegas, Baltimore, Manhattan-Kansas, Enterprise-Alabama,... Read More

    Not for seniors - 1/6/2016
    Nice downtown mall but parking is expensive. If you plan on doing activities at U of Virginia parking is awful and expensive and expect lots of walking and stairs due to... Read More


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