Yorktown, VA Economy


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Yorktown, VA is a beautiful city located in the Hampton Roads area of Virginia. It is home to many local businesses that serve the community and they are an important part of its culture. Companies such as Yorktown Auto Group provide excellent automotive services while Yorktown Pub provides unique dining experiences for locals and visitors alike. Yorktown Boat Tours offers exciting scenic tours of the riverside views while Elegant Image Salon provides quality hair care services. With reasonable cost of living, including 2 bedroom rent which is around $1,080 compared to the US average of $1,430, and a grocery cost index of 99 compared to 100 in the US, you can be sure you will find something for everyone in Yorktown, VA.

Yorktown has an unemployment rate of 4.4%. The US average is 6.0%.

Yorktown has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.

Tax Rates for Yorktown
- The Sales Tax Rate for Yorktown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Yorktown 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 Yorktown
- The average income of a Yorktown resident is $42,775 a year. The US average is $28,555 a year.
- The Median household income of a Yorktown resident is $70,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyYorktown, VirginiaUnited States
  4.46
  -5.8%-6.2%
  33.9%33.5%
  7.0%6.2%
  5.8%4.6%
  $53,425$37,638
  $70,313$69,021
  $145,739$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  14.0%11.0%
  6.0%4.8%
  0.0%0.8%
  5.3%1.9%
  0.0%4.7%
  0.0%1.9%
  9.3%7.6%
  0.0%0.1%
  6.0%4.2%
  21.3%9.3%
  0.0%14.0%
  7.3%2.1%
  16.0%7.0%
  0.0%4.8%
  14.7%4.7%
Reviews for Yorktown
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Economy here is mixed. Zoning is a poorly planned mix of hidden business and houses on the main roads with mixed older dilapidated housing next door to larger, newer  More

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York County, VA offers some of the best schools in Hampton Roads, Virginia. Children tend to score much higher on standardized tests and the graduation rate is higher  More

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Over 13 years ago

The temp's here are wonderful during the spring and fall. They stay around the high 60's to low 80's. The summer's are pretty hot when you factor in the humidity, the  More

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