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Hampton

Hampton in Hampton Roads

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. 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 - 2010
Total Population 137,436
Total Households 55,031
Median Age 35.5
*Source: 2010 Census

Age Breakout
0-19 years 26.4%
20-24 years 9.3%
25-44 years 25.5%
45-64 years 26.5%
65+ years 12.3%
*Source: 2010 Census
Median Household Income
Year Median HHI
2010 $49,793
2005 $45,105
2000 $41,994
*Source: U.S. Census Bureau 08-10 ACS
Educational Attainment
Level %
Less than 9th grade 3.1%
9th to 12th grade, no diploma 7.8%
High school graduate 28.7%
Some college, no degree 29.6%
Associates degree 8.6%
Bachelor's degree 13.8%
Graduate/Professional Degree 8.5%
*Source: U.S. Census Bureau 08-10 ACS
Labor Force
  Emp.
Civilian Labor Force 65,824
Employed 60,591
Unemployed 5,233
Unemployment Rate 7.9%
*Source: Virginia Employment Commission 02/12
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 # 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://www.hampton.gov/ed/
jeason@hampton.gov

 


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