Lake Monticello (zip 22963), Virginia 

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Economy in Lake Monticello (zip 22963), Virginia

Lake Monticello (zip 22963) has an unemployment rate of 3.2%. The US average is 5.2%.

Lake Monticello (zip 22963) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 38.0%.

Tax Rates for Lake Monticello (zip 22963)
- The Sales Tax Rate for Lake Monticello (zip 22963) is 5.3%. The US average is 6.0%.
- The Income Tax Rate for Lake Monticello (zip 22963) is 5.8%. The US average is 4.6%.

Income and Salaries for Lake Monticello (zip 22963)
- The average income of a Lake Monticello (zip 22963) resident is $34,217 a year. The US average is $28,555 a year.
- The Median household income of a Lake Monticello (zip 22963) resident is $70,026 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYLake Monticello, VirginiaUnited States
  Unemployment Rate3.2%5.2%
  Recent Job Growth1.7%1.6%
  Future Job Growth40.2%38.0%
  Sales Taxes5.3%6.0%
  Income Taxes5.8%4.6%
  Income per Cap.$34,217$28,555
  Household Income$70,026$53,482
  Family Median Income$78,784$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.9%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction7.3%6.2%
  Manufacturing5.1%10.4%
  Wholesale trade2.0%2.7%
  Retail trade13.0%11.6%
  Transportation and warehousing2.6%4.1%
  Utilities00
  Information1.3%2.1%
  Finance and insurance4.6%4.7%
  Real estate, rental, leasing1.6%1.9%
  Professional, scientific, technical services7.9%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs7.1%4.3%
  Educational services12.5%9.3%
  Health care and social assistance19.7%13.8%
  Arts, entertainment, recreation1.8%2.2%
  Accommodation, food services3.7%7.4%
  Other services3.0%4.9%
  Public administration4.5%4.8%
ECONOMY MAP
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    Lake Monticello (zip 22963)
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