Essex County, VA Economy


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United States / Virginia / No Metro Area / Essex County / Cities / Zip Codes
equestId":"0cb92e14-39e2-4e4c-9eac-e1177ce215bd","resource":"content","data":[{"id":"txt_cb2e41eb968149e09cd6b742dcc4f882","text":".\n \nEssex County, Virginia is a great place to live and work. The average two-bedroom rent in the county is less expensive than the US average, at $930 compared to $1,430. Groceries are also considerably cheaper in Essex County than most other places in the US with an index of 96 versus 100. There are a number of local businesses in the area that provide excellent services and job opportunities. Top employers include Naval Air Station Oceana, Busch Gardens Williamsburg, Riverside Health System and Newport News Shipbuilding and Dry Dock Company. Other notable companies in Essex include Regent University, Old Point National Bank, Sentara Healthcare Medical Center and Christopher Newport University.

Essex County has an unemployment rate of 6.5%. The US average is 6.0%.

Essex County has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Essex County
- The Sales Tax Rate for Essex County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Essex County 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 Essex County
- The average income of a Essex County resident is $21,595 a year. The US average is $28,555 a year.
- The Median household income of a Essex County resident is $54,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEssex, VirginiaUnited States
  6.56
  -4.6%-6.2%
  22.7%33.5%
  5.3%6.2%
  5.8%4.6%
  $28,248$37,638
  $54,375$69,021
  $64,214$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  12.1%6.8%
  13.3%10.0%
  2.4%2.5%
  17.7%11.0%
  4.5%4.8%
  3.6%0.8%
  0.5%1.9%
  5.8%4.7%
  1.3%1.9%
  3.4%7.6%
  0.4%0.1%
  4.2%4.2%
  5.2%9.3%
  9.8%14.0%
  0.0%2.1%
  4.6%7.0%
  3.7%4.8%
  6.1%4.7%
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