Gloucester County, VA Economy


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United States / Virginia / / Gloucester County / Cities / Zip Codes
Gloucester County, Virginia is a charming rural community located in the Hampton Roads region of the state. It is home to various industries including manufacturing, retail and tourism. In terms of population, it has a total population of 36,884 as per the 2019 census estimates. The county boasts relatively low rental prices with 2 bedroom rents averaging $1,330 whereas the US average stands at $1,430. Additionally, Gloucester also has a lower Grocery Cost Index than the national average with 98 versus 100 respectively. Popular companies in the county include Figg's Ordinary Brewing Co., Ragged Point Boat Landing & Campground and The Sweet Spot Cafe which makes it an attractive place for its residents.

Gloucester County has an unemployment rate of 4.5%. The US average is 6.0%.

Gloucester County has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Gloucester County
- The Sales Tax Rate for Gloucester County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Gloucester 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 Gloucester County
- The average income of a Gloucester County resident is $36,361 a year. The US average is $37,638 a year.
- The Median household income of a Gloucester County resident is $77,733 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGloucester, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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