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State economy

Virginia economy

Virginia's unemployment rate was 3.6% in September 2026, unchanged from the month before and 3.4% a year earlier. That ranks 24 of 51 (1 = lowest); the national rate was 4.1%. Employers had 4.25 million jobs on their payrolls in September 2026, a loss of 25,600 (-0.6%) from a year earlier. Home prices (FHFA index) were +3.8% from a year earlier in Q2 2026. Median household income was $100,000 in 2025.

3.6%
unemployment rate
September 2026
Unemployment rate3.6%Rank 24 of 51 (1 = lowest)
10-year range2.5–11.9%Low Jun 2019 · high Apr 2020
Nonfarm jobs4.25M-0.6% in a year · rank 49
Home prices (FHFA)+3.8%1-year change · Q2 2026 · 5-yr +44%
Median household income$100,0002025 · rank 14 of 51

Virginia: unemployment rate

Virginia unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 3.6%; high 11.9% on Apr 1, 2020; low 2.5% on Jun 1, 2019.2%4%6%8%10%12%20082010201220142016201820202022202420263.6%High 11.9%Low 2.5%

Virginia: jobs, change from a year earlier

Virginia nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest -0.6%; high +8.5% on Apr 1, 2021; low -10.8% on Apr 1, 2020.-15%-10%-5%0%5%10%20052010201520202025-0.6%High +8.5%Low -10.8%

Virginia: home prices, change from a year earlier

Virginia FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +3.8%; high +20.9% on Apr 1, 2005; low -6.8% on Oct 1, 2008.-10%0%10%20%30%20052010201520202025+3.8%High +20.9%Low -6.8%

Virginia: median household income

Virginia median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $100,000; high $100,000 on Jul 1, 2025; low $26,530 on Jul 1, 1984.$20,000$40,000$60,000$80,000$100,0001990199520002005201020152020$100,000Low $26,530

Other states

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).