New River Valley PDC Virginia 703 East Main Street • Richmond, Virginia 23219 Tel: (804) 786-8223 • www.VirginiaLMI.com Virginia Employment Commission Last updated: 5/19/2018 3:39:22 AM Floyd County • Giles County • Montgomery County • Pulaski County • Radford city
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New River Valley PDC
Virginia
703 East Main Street • Richmond, Virginia 23219Tel: (804) 786-8223 • www.VirginiaLMI.com
Virginia Employment Commission
Last updated: 5/19/2018 3:39:22 AM
Floyd County • Giles County • Montgomery County • Pulaski County • Radford city
This report provides a community profile of New River Valley PDC. It is intended to complement the information found in our Virginia Workforce Connection application, which can be accessed online at:
www.VirginiaLMI.com
The report is divided into three major sections. The first contains a profile of regional demographic characteristics and trends, the second supplies similar information for the regional economy, and the third provides a profile of regional education characteristics.
I. Introduction
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IntroductionNew River Valley PDC
II. Demographic Profile
This Demographic Profile provides an in-depth analysis of the population in New River Valley PDC. Most of the data is produced by the U.S. Census Bureau, and includes demographic characteristics such as age, race/ethnicity, and gender.
Related Terms and DefinitionsOverview
Ability to speak EnglishFor people who speak a language other than English at home, the response represents the person's own perception of his or her ability to speak English. Because census questionnaires are usually completed by one household member, the responses may represent the perception of another household member.
AgeThe age classification is based on the age of the person in complete years as of April 1, 2010. The age of the person usually was derived from their date of birth information. Their reported age was used only when date of birth information was unavailable.
GenderThe data on gender were derived from answers to a question that was asked of all people. Individuals were asked to mark either "male" or "female" to indicate their gender. For most cases in which gender was not reported, it was determined by the appropriate entry from the person's given (i.e., first) name and household relationship. Otherwise, gender was imputed according to the relationship to the householder and the age of the person.
RaceThe concept of race as used by the Census Bureau reflects self-identification by people according to the race or races with which they most closely identify. The categories are sociopolitical constructs and should not be interpreted as being scientific or anthropological in nature. Furthermore, the race categories include both racial and national-origin groups.
Please note: In the past, our population by race/ethnicity data has always excluded the Hispanic ethnicity from each race category. Starting in January 2013, each race category now includes all ethnicities.
Virginia Employment Commission Page 5 of 45
Demographic ProfileNew River Valley PDC
Population by Age
PDC 4 Virginia United States
Under 5 years 8,465 509,625 20,201,362
5 to 9 years 8,674 511,849 20,348,657
10 to 14 years 8,679 511,246 20,677,194
15 to 19 years 17,807 550,965 22,040,343
20 to 24 years 29,383 572,091 21,585,999
25 to 29 years 11,527 564,342 21,101,849
30 to 34 years 9,340 526,077 19,962,099
35 to 39 years 10,318 540,063 20,179,642
40 to 44 years 10,164 568,865 20,890,964
45 to 49 years 10,791 621,155 22,708,591
50 to 54 years 10,487 592,845 22,298,125
55 to 59 years 10,325 512,595 19,664,805
60 to 64 years 9,634 442,369 16,817,924
65 to 69 years 7,391 320,302 12,435,263
70 to 74 years 5,359 229,502 9,278,166
75 to 79 years 4,005 173,929 7,317,795
80 to 84 years 3,111 130,801 5,743,327
85 years and over 2,777 122,403 5,493,433
178,237 8,001,024 308,745,538
Source: 2010 Census.
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Demographic ProfileNew River Valley PDC
Population by Race/Ethnicity
PDC 4 Virginia United States
Total
Total Population 178,237 8,001,024 308,745,538
Race
White 160,549 5,486,852 223,553,265
Black or African American 7,293 1,551,399 38,929,319
American Indian or Alaska Native 342 29,225 2,932,248
Asian 5,637 439,890 14,674,252
Native Hawaiian/Pacific Islander 43 5,980 540,013
Other 1,167 254,278 19,107,368
Multiple Races 3,206 233,400 9,009,073
Ethnicity
Not Hispanic or Latino (of any race) 174,263 7,369,199 258,267,944
Hispanic or Latino (of any race) 3,974 631,825 50,477,594
Source: 2010 Census.
Population by Gender
PDC 4 Virginia United States
Male 89,981 3,925,983 151,781,326
Female 88,256 4,075,041 156,964,212
178,237 8,001,024 308,745,538
Source: 2010 Census.
Virginia Employment Commission Page 7 of 45
Demographic ProfileNew River Valley PDC
Population Change
PDC 4 (% change)
Number Change Virginia (% change)
2000 165,146 7,079,030
2010 178,237 7.93 % 8,001,024 13.02 %
2020 187,126 4.99 % 8,744,273 9.29 %
2030 197,638 5.62 % 9,546,958 9.18 %
2040 205,208 3.83 % 10,201,530 6.86 %
Source: U.S. Census Bureau, Weldon Cooper Center for Public Service.
you can log on to our website today and see population counts from each Decennial Census all the way back to 1900? Looking for annual population estimates? We have those too, all the way back to the 1970s!
10 to 14 years 4,375 4,525 4,451 4,596 4,706 4,857
15 to 19 years 9,236 9,605 9,432 9,825 10,033 10,461
20 to 24 years 13,670 16,298 14,852 17,756 15,377 18,423
25 to 29 years 5,597 6,487 5,932 6,871 6,016 6,976
30 to 34 years 4,876 5,308 5,007 5,450 5,314 5,801
35 to 39 years 4,781 4,994 5,137 5,369 5,424 5,663
40 to 44 years 4,402 4,527 4,908 5,040 5,032 5,172
45 to 49 years 5,191 5,250 5,046 5,072 5,420 5,455
50 to 54 years 5,227 4,968 4,719 4,476 5,242 4,967
55 to 59 years 5,503 5,325 5,481 5,306 5,272 5,122
60 to 64 years 5,247 4,833 5,264 4,847 4,727 4,344
65 to 69 years 4,843 4,597 5,089 4,837 5,140 4,881
70 to 74 years 4,282 3,915 4,516 4,124 4,561 4,167
75 to 79 years 3,283 2,411 4,150 3,058 4,318 3,186
80 to 84 years 2,108 1,455 3,173 2,199 3,337 2,316
85 years and over 2,270 876 2,769 1,073 3,596 1,403
93,083 94,045 98,577 99,056 102,500 102,711
187,128 197,633 205,211
Source: Weldon Cooper Center for Public Service.
Population Projections by Race/Ethnicity
Source: Weldon Cooper Center for Public Service.
2020 2030 2040
Total
Total Population 187,126 197,638 205,208
Race
White 157,612 151,501 134,756
Black or African American 7,209 6,468 5,522
Asian 8,524 15,086 24,070
Other 4,586 4,784 4,339
Ethnicity
Hispanic or Latino (of any race) 9,196 19,800 36,522
Virginia Employment Commission Page 10 of 45
Demographic ProfileNew River Valley PDC
English Language Skills
TotalSpeak Englishless than well Percent
PDC 4 173,073 1,115 0.64%
Virginia 7,800,044 201,628 2.58%
United States 298,691,202 13,400,003 4.49%
Source: U.S. Census BureauAmerican Community Survey, 2012-2016.
(Age 5 and over that speak English less than well)
Commuting Patterns
Commuting Patterns
People who live and work in the area 44,839
In-Commuters 23,734
Out-Commuters 20,184
Net In-Commuters(In-Commuters minus Out-Commuters)
3,550
Source: U.S. Census Bureau,OnTheMap Application and LEHD Origin-Destination Employment Statistics, 2014.
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Demographic ProfileNew River Valley PDC
Top 10 Places Residents are Commuting To
Area Workers
Roanoke city, VA 3,988
Roanoke County, VA 2,372
Salem city, VA 1,957
Wythe County, VA 846
Tazewell County, VA 444
Franklin County, VA 441
Botetourt County, VA 437
Mercer County, WV 411
Carroll County, VA 384
Lynchburg city, VA 378
Top 10 Places Workers are Commuting From
Area Workers
Roanoke County, VA 1,926
Wythe County, VA 1,887
Roanoke city, VA 1,345
Carroll County, VA 1,274
Monroe County, WV 813
Franklin County, VA 743
Henry County, VA 624
Mercer County, WV 556
Tazewell County, VA 556
Botetourt County, VA 524
Source: U.S. Census Bureau,OnTheMap Application and LEHD Origin-Destination Employment Statistics, 2014.
Please Note: Commuting patterns data is no longer produced from the Decennial Census. As an alternative, we are providing commuting data from the U.S. Census Bureau's OnTheMap application and LEHD Origin-Destination Employment Statistics program. Since this data is produced from an entirely different data set, it is not advisable to compare the new data with previously released commuting patterns. For more information about the OnTheMap application or the LEHD program, please visit the following website:
The Economic Profile of New River Valley PDC consists primarily of data produced by the Virginia Employment Commission, U.S. Census Bureau, and the Bureau of Labor Statistics.
Related Terms and DefinitionsOverview
Average Weekly WageComputed as average quarterly wages divided by 13.
Consumer Price Index (CPI)The Consumer Price Index measures the average change over time in the prices paid by urban consumers for a representative market basket of consumer goods and services.
Local Employment Dynamics (LED)The Local Employment Dynamics Program at the Census Bureau, together with its state partners, provides employment information at the county, city, and Workforce Investment Area level. This information tracks workers in different industries by age and gender and provides statistics on job creation, separation, turnover, and wages.
Quarterly Census of Employment & Wages (QCEW)A federal/state cooperative program that collects and compiles employment and wage data for workers covered by state unemployment insurance (UI) laws and the federal civilian workers covered by Unemployment Compensation for Federal Employees (UCFE). These data are maintained at the state in micro and macro levels and also sent to BLS quarterly.
Unemployment Insurance (UI)Unemployment insurance is a program for the accumulation of funds paid by employers to be used for the payment of unemployment insurance to workers during periods of unemployment which are beyond the workers' control. Unemployment insurance replaces a part of the worker's wage loss if he becomes eligible for payments.
Unemployment RateThe number of unemployed people as a percentage of the labor force.
Virginia Employment Commission Page 13 of 45
Economic ProfileNew River Valley PDC
Unemployment Rates
PDC 4 Virginia United States
2007 3.9% 3.0% 4.6%
2008 4.8% 3.9% 5.8%
2009 8.2% 6.7% 9.3%
2010 8.3% 7.1% 9.6%
2011 7.1% 6.6% 8.9%
2012 6.5% 6.1% 8.1%
2013 6.3% 5.7% 7.4%
2014 5.5% 5.2% 6.2%
2015 4.6% 4.5% 5.3%
2016 4.7% 4.1% 4.9%
2017 4.3% 3.8% 4.4%
Source: Virginia Employment Commission, Economic Information & Analytics, Local Area Unemployment Statistics.
Trends
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Economic ProfileNew River Valley PDC
Unemployment Rates
PDC 4 Virginia United States
Apr. 2017 3.7% 3.5% 4.1%
May 2017 4.0% 3.7% 4.1%
Jun. 2017 4.5% 3.9% 4.5%
Jul. 2017 4.4% 3.9% 4.6%
Aug. 2017 4.5% 3.9% 4.5%
Sep. 2017 3.9% 3.6% 4.1%
Oct. 2017 3.6% 3.4% 3.9%
Nov. 2017 3.7% 3.4% 3.9%
Dec. 2017 3.4% 3.3% 3.9%
Jan. 2018 4.0% 3.7% 4.5%
Feb. 2018 3.4% 3.3% 4.4%
Mar. 2018 3.4% 3.3% 4.1%
Past 12 Months
Source: Virginia Employment Commission, Economic Information & Analytics, Local Area Unemployment Statistics.
Virginia Employment Commission Page 15 of 45
Economic ProfileNew River Valley PDC
Characteristics of the Insured Unemployed
Age PDC 4 Virginia
Under 22 years 3 210
22 to 24 years 9 639
25 to 34 years 76 4,776
35 to 44 years 54 5,103
45 to 54 years 81 5,485
55 to 64 years 61 5,044
65 years and over 18 1,296
Unknown
Gender PDC 4 Virginia
Male 167 11,533
Female 135 11,020
Unspecified
Race PDC 4 Virginia
White 271 10,905
Black 22 9,014
American Native 1 100
Asian 2 619
Other 6 1,388
Hispanic or Latino 527
Education PDC 4 Virginia
8th Grade or Less 143 9,123
Some High School 8 816
High School Grad/GED 62 4,610
Some College/2-Yr Degree 46 2,765
Bachelor's Degree 18 1,619
Some Graduate School 1 213
Post Graduate Degree 3 668
Unknown 21 2,739
New River Valley PDC - (302 claimants)
Virginia - (22,553 claimants)
Source: Virginia Employment Commission, Economic Information & Analytics, Characteristics of the Insured Unemployed, April 2018.
Total number of claimants: 302
Virginia Employment Commission Page 16 of 45
Economic ProfileNew River Valley PDC
Industry PDC 4 Virginia
Construction 43 2,069
Administrative and Support and Waste Management and Remediation Services
40 3,192
Health Care and Social Assistance 32 1,957
Accommodation and Food Services 20 1,051
Professional, Scientific, and Technical Services 18 2,602
Unclassified 18 1,848
Retail Trade 12 1,198
Educational Services 10 432
Wholesale Trade 9 845
Other Services (except Public Administration) 8 718
Manufacturing 7 652
Real Estate and Rental and Leasing 6 430
Finance and Insurance 4 972
Transportation and Warehousing 3 592
Information 2 561
Arts, Entertainment, and Recreation 2 240
Management of Companies and Enterprises 1 136
Agriculture, Forestry, Fishing and Hunting 94
Mining, Quarrying, and Oil and Gas Extraction 89
Utilities 43
(excludes unclassified)
Top 5 Industries With Largest Number of Claimants in PDC 4
Source: Virginia Employment Commission, Economic Information & Analytics, Characteristics of the Insured Unemployed, April 2018.
Characteristics of the Insured Unemployed
Virginia Employment Commission Page 17 of 45
Economic ProfileNew River Valley PDC
Characteristics of the Insured Unemployed
Occupation PDC 4 Virginia
Office and Administrative Support Occupations 48 3,906
Production Occupations 36 1,883
Construction and Extraction Occupations 32 1,741
Management Occupations 25 2,514
Unknown Occupation Code 24 1,731
Sales and Related Occupations 18 1,553
Building and Grounds Cleaning and Maintenance Occupations
15 547
Installation, Maintenance, and Repair Occupations 12 650
Transportation and Material Moving Occupations 12 1,490
Computer and Mathematical Occupations 11 1,074
Food Preparation and Serving Related Occupations 11 739
Architecture and Engineering Occupations 9 354
Healthcare Practitioners and Technical Occupations 9 439
Healthcare Support Occupations 9 585
Arts, Design, Entertainment, Sports, and Media Occupations
6 471
Personal Care and Service Occupations 6 429
Life, Physical, and Social Science Occupations 5 149
Community and Social Service Occupations 5 244
Business and Financial Operations Occupations 4 1,169
Education, Training, and Library Occupations 3 250
Protective Service Occupations 2 217
Legal Occupations 148
Farming, Fishing, and Forestry Occupations 162
Military Specific Occupations 108
(excludes unknown occupations)
Top 5 Occupation Groups With Largest Number of Claimants in PDC 4
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Economic ProfileNew River Valley PDC
Source: Virginia Employment Commission, Economic Information & Analytics,Characteristics of the Insured Unemployed, April 2018.
Virginia Employment Commission Page 19 of 45
Economic ProfileNew River Valley PDC
Unemployment Insurance Payments
Source: Virginia Employment Commission, Economic Information & Analytics,Unemployment Insurance Program.
Trends
PDC 4 Virginia
Weeks Paid Amount Paid Weeks Paid Amount Paid
2007 44,437 $12,012,622 1,384,335 $364,789,088
2008 41,638 $11,905,052 1,699,923 $468,544,246
2009 96,079 $26,779,187 3,782,630 $1,069,206,277
2010 54,575 $14,233,938 2,727,738 $748,174,724
2011 36,455 $8,958,522 2,242,341 $612,702,314
2012 41,209 $11,176,618 2,102,986 $592,044,339
2013 35,099 $9,552,233 1,999,039 $574,074,609
2014 27,312 $7,543,201 1,684,690 $490,522,709
2015 17,538 $4,840,725 1,198,476 $351,290,100
2016 29,045 $8,819,817 1,263,292 $379,622,081
2017 19,193 $5,702,568 1,114,650 $336,664,624
Virginia Employment Commission Page 20 of 45
Economic ProfileNew River Valley PDC
Unemployment Insurance Payments
Source: Virginia Employment Commission,Unemployment Insurance Program.
Past 12 Months
PDC 4 Virginia
Weeks Paid Amount Paid Weeks Paid Amount Paid
Apr. 2017 1,248 $367,940 84,007 $25,475,201
May 2017 1,391 $397,975 97,219 $29,499,484
Jun. 2017 1,392 $388,278 89,386 $26,673,098
Jul. 2017 1,286 $353,665 90,050 $26,778,571
Aug. 2017 1,592 $433,874 106,830 $32,052,040
Sep. 2017 1,085 $312,505 78,463 $24,100,313
Oct. 2017 1,153 $337,621 88,873 $27,477,193
Nov. 2017 937 $277,976 77,737 $23,867,491
Dec. 2017 1,019 $297,501 78,488 $23,849,844
Jan. 2018 1,615 $454,958 111,016 $33,360,363
Feb. 2018 1,195 $346,543 90,330 $27,381,314
Mar. 2018 1,105 $319,741 83,966 $25,617,093
Apr. 2018 1,030 $304,665 85,615 $26,239,392
Virginia Employment Commission Page 21 of 45
Economic ProfileNew River Valley PDC
Employers by Size of Establishment
Employment by Size of Establishment
Note: Asterisks (***) indicate non-disclosable data.'Zero; no employment' typically represents new startup firms or sole-proprietorships.
Source: Virginia Employment Commission, Economic Information & Analytics,Quarterly Census of Employment and Wages (QCEW), 4th Quarter (October, November, December) 2017.
PDC 4 Virginia
0 to 4 employees 2,400 165,542
5 to 9 employees 746 38,524
10 to 19 employees 534 28,348
20 to 49 employees 347 20,966
50 to 99 employees 121 7,447
100 to 249 employees 50 3,929
250 to 499 employees 20 1,110
500 to 999 employees 7 371
1000 and over employees 6 251
4,231 266,488
PDC 4 Virginia
0 to 4 employees 3,749 234,671
5 to 9 employees 4,895 256,287
10 to 19 employees 7,250 385,667
20 to 49 employees 10,330 633,503
50 to 99 employees 7,851 509,600
100 to 249 employees 7,644 581,852
250 to 499 employees 6,651 380,511
500 to 999 employees 4,655 253,726
1000 and over employees 16,715 640,783
69,740 3,876,600
Virginia Employment Commission Page 22 of 45
Economic ProfileNew River Valley PDC
50 Largest Employers
1. Virginia Polytechnic Institute and State University
2. Volvo Group North America Inc
3. Montgomery County School Board
4. Radford University
5. Wal Mart
6. Moog Inc
7. Carilion New River Valley Medical Center
8. Bae Systems Ordnance Systems
9. HCA Virginia Health System
10. Pulaski County School Board
11. Echosphere Corporation
12. New River Valley Community Services
13. Kroger
14. Kollmorgen Corporation
15. Federal Mogul Corp
16. Celanese Acetate
17. Lexington Rowe Furniture Inc
18. Town of Blacksburg
19. Giles County School Board
20. Floyd County School Board
21. Town of Christiansburg
22. Food Lion
23. Shelor Motor Mile Inc
24. County of Montgomery
25. Corning Glass Works
26. Phoenix Packaging Operations
27. Virginia Tech Services, Inc.
28. Radford U
29. Hubbell Lighting
30. New River Community College
31. Community Housing Partner Corporation
32. Eaglepicher Wolverine LLC
33. Pulaski County
34. Heritage Hall
35. Warm Hearth Management Division
36. Radford City School Board
37. Wall Residences
38. MKG Operations Inc
39. Spectrum Brands
40. BR Industrial Operations, LLC
41. City of Radford
42. Lowes' Home Centers, Inc.
43. Postal Service
44. New River Regional Jail
45. Hardee's
46. Giles Memorial Hospital
47. County of Giles
48. Backcountry.com Inc
49. Carilion Healthcare
50. Macado's Inc.
Source: Virginia Employment Commission, Economic Information & Analytics,Quarterly Census of Employment and Wages (QCEW), 4th Quarter (October, November, December) 2017.
you can search over 300,000 employer listings on our website provided by Infogroup? This easy-to-use feature lets you search for employers by keyword, industry, sales volume, size range, and more!
Source: Virginia Employment Commission, Economic Information & Analytics,Quarterly Census of Employment and Wages (QCEW), 4th Quarter (October, November, December) 2017.
Total: 69,740
Virginia Employment Commission Page 24 of 45
Economic ProfileNew River Valley PDC
New Startup Firms
PDC 4 Virginia
4th Qtr. 2014 57 4,531
1st Qtr. 2015 51 3,923
2nd Qtr. 2015 49 3,749
3rd Qtr. 2015 60 3,396
4th Qtr. 2015 42 3,000
1st Qtr. 2016 39 3,802
2nd Qtr. 2016 50 4,283
3rd Qtr. 2016 35 3,398
4th Qtr. 2016 47 3,426
1st Qtr. 2017 35 3,838
2nd Qtr. 2017 45 3,961
3rd Qtr. 2017 31 2,736
4th Qtr. 2017 41 3,157
Note: The following criteria was used to define new startup firms:1.) Setup and liability date both occurred during 4th Quarter (October, November, December) 20172.) Establishment had no predecessor UI Account Number3.) Private Ownership4.) Average employment is less than 2505.) For multi-unit establishments, the parent company must also meet the above criteria.
Source: Virginia Employment Commission, Economic Information & Analytics,Quarterly Census of Employment and Wages (QCEW), 4th Quarter (October, November, December) 2017.
Virginia Employment Commission Page 25 of 45
Economic ProfileNew River Valley PDC
New Hires by Industry
Data is for Virginia. No data available for New River Valley PDC.
Source: U.S. Census Bureau,Local Employment Dynamics (LED) Program, 2nd Quarter (April, May, June) 2016, all ownerships.
Total: 567,670
Virginia Employment Commission Page 26 of 45
Economic ProfileNew River Valley PDC
Turnover by Industry
Data is for Virginia. No data available for New River Valley PDC.
Source: U.S. Census Bureau,Local Employment Dynamics (LED) Program, 1st Quarter (January, February, March) 2016, all ownerships.
Source: Virginia Employment Commission, Economic Information & Analytics,Quarterly Census of Employment and Wages (QCEW), 4th Quarter (October, November, December) 2017.
Public Administration 669 1,740 4,454 24,578 27,279 33,479 27,846 8,937
Data is for Virginia. No data available for New River Valley PDC.
Source: U.S. Census Bureau,Local Employment Dynamics (LED) Program, 2nd Quarter (April, May, June) 2016, all ownerships.
Developed by the U.S. Census Bureau, the Local Employment Dynamics (LED) program merges Virginia's Unemployment Compensation wage and employer records with Census demographic data. Read more about LED on the following website:
Construction and Extraction Occupations 187,792 195,659 4.19% 2,884 4,098 6,982
Installation, Maintenance, and Repair Occupations
152,257 156,081 2.51% 3,384 2,080 5,464
Production Occupations 181,313 183,120 1% 3,937 1,364 5,301
Transportation and Material Moving Occupations
229,190 236,903 3.37% 5,304 3,878 9,182
Short Term
Virginia Employment Commission Page 33 of 45
Economic ProfileNew River Valley PDC
Growth Occupations
Note: Asterisks (***) indicate non-disclosable data.Projections and OES wage data are for Virginia. No data available for New River Valley PDC.
Source: Virginia Employment Commission, Economic Information & Analytics,Long Term Industry and Occupational Projections, 2014-2024Occupational Employment Statistics (OES) Survey, 2016.
Forging Machine Setters, Operators, and Tenders, Metal and Plastic
248 195 -21.37% 6 0 6
Virginia Employment Commission Page 35 of 45
Economic ProfileNew River Valley PDC
Consumer Price Index (CPI)
Note: CPI data is for the United States only. No data available for New River Valley PDC.
The CPI-U includes expenditures by urban wage earners and clerical workers, professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, retirees and others not in the labor force. The CPI-W only includes expenditures by those in hourly wage earning or clerical jobs.
Source: Bureau of Labor Statistics,Consumer Price Indexes (CPI) Program.
Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Ann. % chg
Note: This data is based on Virginia sales tax revenues deposited, rather than the actual taxable sales figures as reported on a dealer's return.
Source: Virginia Department of Taxation,Revenue Forecasting.
Trends
Virginia Employment Commission Page 37 of 45
Economic ProfileNew River Valley PDC
Local Option Sales Tax
Note: This data is based on Virginia sales tax revenues deposited, rather than the actual taxable sales figures as reported on a dealer's return.
Source: Virginia Department of Taxation,Revenue Forecasting.
Past 12 Months
PDC 4 Virginia
Feb. 2017 $1,432,577 $88,897,947
Mar. 2017 $1,803,603 $105,638,212
Apr. 2017 $1,640,021 $99,591,115
May 2017 $1,636,765 $103,707,666
Jun. 2017 $1,634,044 $110,673,333
Jul. 2017 $1,564,186 $100,656,455
Aug. 2017 $1,690,307 $103,076,183
Sep. 2017 $1,772,570 $104,708,407
Oct. 2017 $1,640,301 $101,947,408
Nov. 2017 $1,721,170 $103,938,560
Dec. 2017 $1,984,748 $123,193,863
Jan. 2018 $1,490,773 $90,794,207
Feb. 2018 $1,547,715 $90,576,093
Virginia Employment Commission Page 38 of 45
Education ProfileNew River Valley PDC
IV. Education Profile
The Education Profile for New River Valley PDC provides an assortment of data collected from the United States Census Bureau and the National Center for Education Statistics (NCES).
Related Terms and DefinitionsOverview
Associate's degreeAn award that normally requires at least two but less than four years of full-time equivalent college work.
Bachelor's degreeAn award that normally requires at least four but not more than five years of full-time equivalent college-level work.
Post-baccalaureate certificateAn award that requires completion of an organized program of study equivalent to 18 semester credit hours beyond the bachelor's. It is designed for persons who have completed a bachelor's degree, but do not meet the requirements of a master’s degree.
Master's degreeAn award that requires the successful completion of a program of study of at least the full-time equivalent of one but not more than two academic years of work beyond the bachelor's degree.
Post-master's certificateAn award that requires completion of an organized program of study equivalent to 24 semester credit hours beyond the master's degree, but does not meet the requirements of academic degrees at the doctor's level.
Doctor's degreeThe highest award a student can earn for graduate study.
First-professional degreeAn award that requires completion of a program that meets all of the following criteria: (1) completion of the academic requirements to begin practice in the profession; (2) at least two years of college work prior to entering the program; and (3) a total of at least six academic years of college work to complete the degree program, including prior required college work plus the length of the professional program itself.
Virginia Employment Commission Page 39 of 45
Education ProfileNew River Valley PDC
Educational Attainment
Source: U.S. Census BureauAmerican Community Survey, 2011-2015.
(Population 18 years and over)
PDC 4 Virginia United States
8th Grade or Less 5,943 275,329 12,639,425
Some High School 8,862 464,075 20,093,117
High School Grad/GED 37,095 1,633,105 68,044,371
Some College 46,266 1,457,887 57,431,237
Associate's Degree 11,751 440,219 18,586,866
Bachelor's Degree 23,451 1,258,661 42,027,629
Graduate or Professional Degree 16,342 862,686 24,008,551
149,710 6,391,962 242,831,196
Virginia Employment Commission Page 40 of 45
Education ProfileNew River Valley PDC
Educational Attainment by Age
18 - 24 25 - 34 35 - 44 45 - 64 65+ Total
8th Grade or Less 329 408 447 1,296 3,463 5,943
Some High School 1,205 656 1,226 3,323 2,452 8,862
High School Grad/GED 6,360 4,616 5,593 12,383 8,143 37,095
Some College 26,109 4,056 3,498 8,655 3,948 46,266