The city of Hampton, located at the mouth of the Chesapeake Bay, is situated at the heart of the Hampton Roads region. Anchored by aerospace and defense facilities, major medical centers, and higher education, Hampton attracts a highly educated workforce and high-tech companies to its business parks, Downtown, and Coliseum Central Business District. A progressive business environment, eclectic neighborhoods, breathtaking waterfront, and endless recreational opportunities all combine to make Hampton the perfect place for businesses and residents alike.
Industry
Highlights
The presence of NASA Langley Research Center, the oldest NASA center in the country, and the National Institute for Aerospace has made Hampton an excellent location for high-tech aerospace companies. Along with these world-renowned aerospace research centers, the city is home to the Virginia Tech Foundation’s Agricultural Research and Extension Center. This facility focuses on breakthrough research on seafood quality and safety for commercial and aquaculture industries throughout Virginia and the United States.
Hampton is also home to leaders in health care offering cutting-edge medical research and care solutions. Among these are Hampton University’s Proton Therapy Institute (the largest free-standing proton therapy institute in the world), the Veterans Administration Medical Center, Sentara Healthcare, and Riverside Health System.
Industry Employment Breakdown
Industry
# of Employees
% of Workforce
Industry
Health Care and Social Assistance
# of Employees
6,765
% of Workforce
30.96%
Industry
Professional, Scientific, and Technical Services
# of Employees
4,552
% of Workforce
20.83%
Industry
Administrative and Support and Waste Management and Remediation Services
# of Employees
3945
% of Workforce
18.06%
Industry
Manufacturing
# of Employees
2,052
% of Workforce
9.39%
Industry
Transportation and Warehousing
# of Employees
1,388
% of Workforce
6.35%
Source: EMSI
Demographics
Population
Population
133,637
Median Age
Median Age
36.8
Labor Force
Labor Force
65,223
Unemployment Rate
Unemployment Rate
3.7%
Median Household Income
Median Household Income
$55,919
Sources: U.S. Bureau of Labor Statistics, November 2019; Esri Business Analyst Online, 2024 Forecast; Esri Business Analyst Online 2019 Detailed Age Profile; Economic Modeling Specialists International (EMSI), 2019 Forecast