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Our Vibrant Economy
The information in this section reflects the data for calendar year 2021 .
Suffolk is the fastest growing city in Hampton Roads and is well positioned for continued growth and prosperity. With a diverse and skilled workforce, proximity to the Port of Virginia, available land for development, efficient transportation access, high quality of life, a regard for its historic past and a dynamic vision for the future, Suffolk continues to attract new business and investment opportunities, create jobs, and provide an invigorating economic climate for expansion. Noted nationally for job creation and as one of the most livable cities, Suffolk continues to capitalize on its assets in a topranked business-friendly state.
By the Numbers
The economy of Suffolk continues to grow as evidenced by the following trends:
• Median home sales up 11.5% from last year.
• Median Household Income (MHI) grown 56% from 2000 to 2021.
• Median Household Income up 7% from FY 2021.
$14,410,000 TPMG ENT Sentara Healthcare Bayview Physicians & Bon Secours