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Virginia state Economy Profile

Official State Website URL- http://www.virginia.gov

QuickFacts


 Virginia United States
StateVirginia
Total population7,078,515 281,421,906
Male3,471,895138,053,563
Female3,606,620143,368,343
Median age (years)35.735.3
Total households2,699,173105,480,101
Median household income (dollars)46,67741,994

Virginia state Economy

According to the statistics on employment by occupation in Virginia, 18.35% of workers provide educational, health and social services. 7.21% of people provide Arts, entertainment, recreation, accommodation and food services in Virginia. The percentage of people involved into professional, scientific, management, administrative, and waste management services in Virginia is as follows: eleven point five nine percent.

In Virginia government workers account for nineteen point five nine percent of workers. Seventy-four point six six percent of workers comprise private wage and salary workers. Median household income in Virginia is equal to forty-six thousand, six hundred and seventy-seven dollars while median family income is fifty-four thousand, one hundred and sixty-nine dollars. The earnings of male full-time, year-round workers, in Virginia are thirty-seven thousand, seven hundred and sixty-four dollars. The amount of earnings of female full-time, year-round workers reaches twenty-eight thousand, thirty-five dollars.

0.0 of families in Virginia are below poverty line (total population in Virginia is seven million, seventy-eight thousand, five hundred and fifteen). There are seventy-one thousand, three hundred and ninety-seven families with female householder, no husband present. The median age of a Virginia resident is thirty-five point seven years old.

 Virginia %, Virginia United States
Population 16 years and over5,529,980  217,168,077
In labor force3,694,663 66.81%63.92%
- Civilian labor force3,563,772 64.44%63.39%
- - Employed3,412,647 61.71%59.73%
- - Unemployed151,125 2.73%3.66%
- - - Percent of civilian labor force4.2  5.8
- Armed Forces130,891 2.37%0.53%
Not in labor force1,835,317 33.19%36.08%
 
Females 16 years and over2,854,288 51.61%51.66%
In labor force1,730,072 31.29%29.72%
- Civilian labor force1,709,933 30.92%29.65%
- - Employed1,633,989 29.55%27.92%
 
Own children under 6 years531,130 9.6%10.05%
All parents in family in labor force329,968  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over3,481,820  128,279,228
Car, truck, or van -- drove alone2,685,914 77.14%75.7%
Car, truck, or van -- carpooled441,093 12.67%12.19%
Public transportation (including taxicab)124,166 3.57%4.73%
Walked80,487 2.31%2.93%
Other means40,093 1.15%1.19%
Worked at home110,067 3.16%3.26%
Mean travel time to work (minutes)27.0  25.5
 
Employed civilian population 16 years and over3,412,647  129,721,512
 
OCCUPATION
Management, professional, and related occupations1,304,906 38.24%33.65%
Service occupations468,179 13.72%14.86%
Sales and office occupations868,527 25.45%26.69%
Farming, fishing, and forestry occupations16,336 0.48%0.73%
Construction, extraction, and maintenance occupations327,733 9.6%9.45%
Production, transportation, and material moving occupations426,966 12.51%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining43,425 1.27%1.87%
Construction250,155 7.33%6.78%
Manufacturing387,104 11.34%14.1%
Wholesale trade93,477 2.74%3.6%
Retail trade389,437 11.41%11.73%
Transportation and warehousing, and utilities158,477 4.64%5.2%
Information130,592 3.83%3.08%
Finance, insurance, real estate, and rental and leasing226,222 6.63%6.89%
Professional, scientific, management, administrative, and waste management services395,681 11.59%9.3%
Educational, health and social services626,156 18.35%19.92%
Arts, entertainment, recreation, accommodation and food services245,967 7.21%7.87%
Other services (except public administration)183,695 5.38%4.87%
Public administration282,259 8.27%4.79%
 
CLASS OF WORKER
Private wage and salary workers2,547,990 74.66%78.47%
Government workers668,575 19.59%14.59%
Self-employed workers in own not incorporated business188,035 5.51%6.63%
Unpaid family workers8,047 0.24%0.31%
 Virginia %, Virginia United States
INCOME IN 1999
Households2,700,335  105,539,122
Less than $10,000214,076 7.93%9.54%
$10,000 to $14,999141,948 5.26%6.31%
$15,000 to $24,999308,532 11.43%12.83%
$25,000 to $34,999326,821 12.1%12.81%
$35,000 to $49,999444,682 16.47%16.53%
$50,000 to $74,999549,412 20.35%19.46%
$75,000 to $99,999307,107 11.37%10.23%
$100,000 to $149,999254,948 9.44%7.72%
$150,000 to $199,99980,046 2.96%2.2%
$200,000 or more72,763 2.69%2.37%
Median household income (dollars)46,677  41,994
With earnings2,252,777 40.74%39.12%
- Mean earnings (dollars)59,822  56,604
With Social Security income631,530 11.42%12.47%
- Mean Social Security income (dollars)10,868  11,320
With Supplemental Security Income95,716 1.73%2.13%
- Mean Supplemental Security Income (dollars)5,770  6,320
With public assistance income66,492 1.2%1.67%
- Mean public assistance income (dollars)2,242  3,032
With retirement income507,879 9.18%8.13%
- Mean retirement income (dollars)20,920  17,376
 
Families1,859,983  72,261,780
Less than $10,00084,736 4.56%5.75%
$10,000 to $14,99966,086 3.55%4.31%
$15,000 to $24,999177,583 9.55%10.74%
$25,000 to $34,999207,152 11.14%12.02%
$35,000 to $49,999308,169 16.57%17.13%
$50,000 to $74,999419,782 22.57%22.32%
$75,000 to $99,999249,758 13.43%12.47%
$100,000 to $149,999215,044 11.56%9.6%
$150,000 to $199,99969,414 3.73%2.75%
$200,000 or more62,259 3.35%2.92%
Median family income (dollars)54,169  50,046
 
Per capita income (dollars)23,975  21,587
Median earnings (dollars):
Male full-time, year-round workers37,764  37,057
Female full-time, year-round workers28,035  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families129,890  6,620,945
With related children under 18 years98,963 76.19%77.87%
- With related children under 5 years45,898 35.34%38.7%
 
Families with female householder, no husband present71,397  3,315,916
With related children under 18 years63,280 88.63%88.68%
- With related children under 5 years28,548 39.98%42.27%
 
Individuals656,641  33,899,812
18 years and over447,109 68.09%65.35%
- 65 years and over71,545 10.9%9.7%
Related children under 18 years202,174 30.79%33.59%
- Related children 5 to 17 years142,391 21.68%23.52%
Unrelated individuals 15 years and over235,697 35.89%31.63%
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The data is taken from www.census.gov reports.