Using data from the Census Bureau and Bureau of Labor Statistics, they advised that Veterans make up a large portion of Suffolk residents, at 17% of the total population. This comes as little surprise, given that veterans here experience a low poverty rate of 4.5% and a median income of $51,488 according to data researched. Further, data also shows that industries that employ more veterans than civilians - like manufacturing and warehousing - make up over 27% of the City’s workforce. NerdWallet also went on to note that Suffolk’s healthy economic environment is complemented by an excellent quality of life, citing that residents here enjoy attractions like Constant’s Wharf Park & Marina and the Suffolk Center for the Cultural Arts.
Back in April, NerdWallet also ranked Suffolk in the Top 20 in their “Best Cities for Young Families” study.
NerdWallet is a personal finance site for consumers. Their data-driven tools and content enable consumers to make well-informed decisions across a broad range of financial topics, like buying a house, saving for retirement and starting a small business.