Hampton

Hampton has caught the attention of businesses from around the country. In fact, some of the most successful and innovative companies in their industries are investing in Hampton right now. Why? Because Hampton has a unique mix of growing and established business clusters strategically designed to succeed. Their prosperity is due, in part, to local and regional assets, a highly educated workforce, competitive incentives, and state-of-the-art business parks.

In addition to a great business climate, Hampton's location is attracting some of the nation's most successful housing, retail, and hotel developers. They see a city dedicated to improving its quality of life and making Hampton a regional entertainment and shopping destination. Combine Hampton's location, abundant waterfront, successful business clusters, unique housing and retail developments, and it's easy to see why so many companies are investing in Hampton.
 

	Population - 2008 Total Population 145,494 Total Households 54,589 Average Age 35.3 Age Breakout 0-19 years 26.6% 20-24 years 8.7% 25-44 years 29.2% 45-64 years 24.1% 65+ years 11.3% *Source: U.S. Census Bureau Median Household Income Year Median HHI 2008 $52,175 2005 $45,105 2000 $41,994 *Source: U.S. Census Bureau Educational Attainment Level % Less than 9th grade 2.6% 9th to 12th grade, no diploma 9.6% High school graduate 32.9% Some college, no degree 25.3% Associates degree 8.8% Bachelor's degree 13.2% Graduate/Professional Degree 7.5% *Source: U.S. Census Bureau, Labor Force   Emp. Civilian Labor Force 69,369 Employed 63,284 Unemployed 6,085 Unemployment Rate 8.8% *Source: Virginia Employment Commission		Largest Employers Alcoa-Howmet Hampton Computer Sciences Corporation (CSC) Hampton Roads Transit (HRT) Hampton University Measurement Specialties, Inc. *Source: Hoovers.com, HREDA Communities Employment by Industry Industry 57,327 Emp. % Emp. Natural Resources and Mining 0 0% Construction 1,951 3.6% Manufacturing 2,678 4.9% Trade, Transportation, and Utilities 7,862 14.4% Information 1,327 2.4% Financial Activities 1,629 3.0% Professional and Business Services 9,728 17.9% Educational and Health Services 14,812 26.0% Leisure and Hospitality 7,527 13.8% Other Services 1,159 2.1% Government 15,139 27.8% *Source: Virginia Employment Commission Contact Mr. James “Jimmy” Eason City of Hampton Economic Development Department One Franklin Street Suite 600 Hampton, VA 23669 (P) 757.727.6237 (F) 757.727.6895 http://hampton.gov/ed/ jeason@hamton.gov