Suffolk, Virginia 

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Economy in Suffolk, Virginia

Suffolk has an unemployment rate of 3.3%. The US average is 3.9%.

Suffolk has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.

Tax Rates for Suffolk
- The Sales Tax Rate for Suffolk is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Suffolk 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 Suffolk
- The average income of a Suffolk resident is $30,021 a year. The US average is $28,555 a year.
- The Median household income of a Suffolk resident is $66,822 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYSuffolk, VirginiaUnited States
  Unemployment Rate3.3%3.9%
  Recent Job Growth1.3%1.6%
  Future Job Growth35.2%33.5%
  Sales Taxes6.0%7.3%
  Income Tax5.8%4.6%
  Income per Cap.$31,239$31,177
  Household Income$68,089$57,652
  Family Median Income$79,696$70,850
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting1.0%1.3%
  Mining, quarrying, oil and gas extraction0.1%0.6%
  Construction5.8%6.2%
  Manufacturing12.1%10.4%
  Wholesale trade2.3%2.7%
  Retail trade11.5%11.6%
  Transportation and warehousing4.5%4.1%
  Utilities1.0%0.9%
  Information1.6%2.1%
  Finance and insurance2.7%4.7%
  Real estate, rental, leasing1.6%1.9%
  Professional, scientific, technical services5.8%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs4.3%4.3%
  Educational services9.0%9.3%
  Health care and social assistance15.3%13.8%
  Arts, entertainment, recreation1.3%2.2%
  Accommodation, food services5.6%7.4%
  Other services5.1%4.9%
  Public administration9.4%4.8%
ECONOMY MAP
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    Reviews for Suffolk    7 Reviews
    Non - 12/6/2010
    Don't move... Read More

    Start Your Review of Suffolk


    Great place to live - 8/19/2009
    I like living in Suffolk because of the smaller town feel yet having the conveniences of the larger city. We have been happy in Northern Suffolk. The schools don't seem... Read More

    Unremarkable? - 6/15/2009
    Suffolk is a bit difficult to describe because it is geographically the largest city in Virginia. Downtown has been slightly revitalized but I have no reason to go there... Read More


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    MAPS OF SUFFOLK, VIRGINIA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Suffolk,Virginia Map
    ZIP CODES IN SUFFOLK, VIRGINIA
    23434 23435 23437 23438 23432 23433 23436

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