Hampton Roads ranks 41st in terms of per capita income
Hampton Roads ranks 41st out of the Top 102 Metropolitan Statistical Areas in the United States in terms of per capita income, an economist reported to the Hampton Roads Planning District Commission.
During a commission meeting July 21 at its Chesapeake headquarters, Greg Grootendorst, HRPDC’s chief economist, said that the per capita income for Hampton Roads was $39,518 in 2009, well below the top tier of MSAs. Topping the list of MSAs was Bridgeport, Conn., at $74,767, followed by San Francisco, Calif., at $59,993.
Closer to home, Washington, D.C., ranked third at $56,984, New York City ranked sixth at $52,037, and Baltimore, Md., was in the 10th spot at $48,201.
Looking at the same 102 MSAs for employment growth, Grootendorst found that Hampton Roads ranked 66th, with employment growth of 1.3 percent over the 25-year period ending in 2009. Topping that list was Las Vegas, Nevada, at 5.5 percent employment growth, with Provo, Utah, in second place with 4.1 percent growth.