City of Norfolk 2012 Annual Business Report

Page 16

Market Comparisons • Hampton Roads’ distributions of households at all income levels over $75,000 are similar to or superior to other markets of comparable size.

Income Distribution (2009 American Community Survey) Market Rank

PCT HH PCT HH PCT HH $75-$99,999 $100-$149,999 $150-$199,999

PCT HH $200,000+

26 Cleveland-Elyra-Mentor, OH 27 Orlando-Kissimmee, FL 28 San Antonio, TX 29 Kansas City, KS-MO 30 Las Vegas-Paradise, NV 31 San Jose-Sunnyvale-Santa Clara, CA 32 Columbus, OH 33 Charlotte-Gastonia-Concord, NC 34 Indianapolis-Carmel, IN 35 Austin-Round Rock, TX 36 Hampton Roads, VA 37 Providence-New Bedford-Fall River, RI 38 Nashville-Davidson-Murfreesboro, TN 39 Milwaukee-Waukesha-West Allis, WI 40 Jacksonville, FL

12.1% 12.0% 11.9% 13.8% 13.8% 13.2% 12.9% 12.3% 13.0% 13.2% 14.4% 13.9% 12.4% 13.4% 13.2%

11.2% 11.1% 1.0% 13.4% 13.2% 19.5% 12.6% 12.3% 12.5% 14.1% 13.5% 14.2% 11.3% 13.1% 11.7%

3.4% 3.6% 3.3% 4.3% 4.3% 10.4% 4.1% 4.2% 4.0% 5.1% 4.2% 4.9% 3.6% 3.8% 3.7%

3.0% 3.3% 3.2% 3.4% 3.4% 12.6% 3.3% 4.6% 3.5% 5.0% 3.0% 3.6% 4.0% 3.5% 3.4%

U.S.

12.3%

12.1%

4.2%

4.0%

SOURCE: U.S. CENSUS

• There are 96,000 college and university students in Hampton Roads. College and post-graduate degrees are more prevalent among the adult residents of Hampton Roads than among adults in such places as Cleveland and Nashville.

Educational Attainment (Population Age 25+) Market Rank

Some College

Undergrad Degree

Post Graduate

Total

26 Cleveland-Elyra-Mentor, OH 27 Orlando-Kissimmee, FL 28 San Antonio, TX 29 Kansas City, KS-MO 30 Las Vegas-Paradise, NV 31 San Jose-Sunnyvale-Santa Clara, CA 32 Columbus, OH 33 Charlotte-Gastonia-Concord, NC 34 Indianapolis-Carmel, IN 35 Austin-Round Rock, TX 36 Hampton Roads, VA 37 Providence-New Bedford-Fall River, RI 38 Nashville-Davidson-Murfreesboro, TN 39 Milwaukee-Waukesha-West Allis, WI 40 Jacksonville, FL

21.2% 20.6% 22.9% 22.3% 24.5% 17.4% 19.9% 20.7% 20.1% 21.0% 24.9% 16.9% 20.3% 20.8% 22.8%

16.3% 18.7% 15.8% 20.9% 14.3% 24.9% 21.3% 22.1% 19.9% 25.6% 17.1% 17.5% 19.7% 20.3% 17.4%

10.0% 8.6% 9.7% 10.8% 7.0% 18.3% 10.9% 9.76% 10.3% 13.1% 10.0% 10.3% 9.6% 10.2% 8.6%

26.3% 27.3% 25.5% 31.7% 21.3% 43.2% 32.2% 31.8% 30.2% 38.7% 27.1% 27.8% 29.3% 30.5% 26.0%

U.S.

12.3%

12.1%

4.2%

16.3%

SOURCE: U.S. CENSUS

16

NORFOLK 2012 ANNUAL REPORT


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