Independence, VA Employment - Median Household Income, Unemployment Rate

Independence employment information

Index	Independence	Virginia	National
Income per capita	$16,126	$34,967	$29,829
Median household income	$16,382	$66,149	$55,322
Median income owner occupied	$31,667	$82,180	$70,586
Median income renter occupied	$13,281	$42,481	$35,192
Median earnings male	$28,125	$41,712	$36,919
Median earnings female	$20,272	$29,664	$26,250
Unemployment rate	2.0%	3.8%	4.7%
Poverty level	30.4%	11.4%	15.1%

The Independence, VA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Independence is $16,126, which is 54% lower than than the Virginia average and 46% lower than than the national average. The median household income is $16,382, which is 75% lower than than the Virginia average and 70% lower than than the national average. The unemployment rate in Independence is 2%, which is 57% lower than than the national average. The poverty rate in Independence is 30% which is 101% higher than than the national average.

am i middle class

$10,920$16,382$32,764

City

$44,094$66,149$132,298

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Independence is 46% lower than the national average.
The median household income in Independence is 70% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Independence is 57% lower than the national average.
The poverty level in Independence is 101% higher than the national average.

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Employment status

Hours worked per week

Independence median earnings by income bracket

Independence employment by industry

Labour Type	Male	Female
Construction industry	8.0%	4.4%
Manufacturing sector	29.7%	0.0%
Financial & insurance services	0.0%	4.4%
Wholesale & retail services	19.4%	25.8%
Public administration	12.0%	4.4%
Transportation, warehousing & utilities	2.3%	0.0%
Education, health & social services	13.1%	24.5%
Other	15.4%	11.3%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Sugar Grove, VA	720	$37,778	32%
Galax, VA	6,858	$31,110	44%
Fries, VA	452	$24,432	56%
Sparta, NC	1,726	$21,012	62%
Ivanhoe, VA	277	$0	100%
Independence, VA	1,008	$16,382	70%

Cities with similar population

City, State	Population	Household Income	National Avg.
Dayton, WY	1,008	$68,088	23%
Ashton, IL	1,008	$47,337	14%
Barataria, LA	1,008	$39,559	28%
Gratis, OH	1,008	$50,208	9%
Kinmundy, IL	1,007	$37,721	32%
Independence, VA	1,008	$16,382	70%

Source: The Independence, VA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).