The Virgin Islands Lease Data Summary is a comprehensive report that provides an overview of lease agreements and related data in the Virgin Islands. This summary is important for individuals and businesses looking to acquire or lease properties in the area, as it offers valuable insights into the leasing market and specific lease details. The lease data summary includes information on various types of lease agreements, such as residential, commercial, industrial, and agricultural leases. For each type, the summary provides key statistics and details, allowing users to analyze trends, make informed decisions, and understand the local real estate landscape. Key elements found in the Virgin Islands Lease Data Summary are: 1. Residential Lease Data Summary: This section encompasses lease details of residential properties, including apartments, houses, condominiums, and townhouses. It provides information on average rental rates, vacancy rates, lease term durations, and popular residential areas within the Virgin Islands. 2. Commercial Lease Data Summary: Focusing on commercial properties, this portion of the summary highlights lease information for office spaces, retail stores, warehouses, and other commercial establishments. It includes average leasing rates, occupancy rates, lease lengths, and insights into prime commercial locations. 3. Industrial Lease Data Summary: This section is dedicated to industrial leases, covering properties utilized for manufacturing, distribution, storage, and other industrial purposes. It offers data on rental rates, vacancy rates, lease durations, and industrial zones within the Virgin Islands. 4. Agricultural Lease Data Summary: Specifically catering to the agricultural sector, this part of the summary presents lease details for farms, plantations, and agricultural land. It provides information on lease prices, available acreage, lease terms, and agricultural zones suitable for various farming activities. Overall, the Virgin Islands Lease Data Summary serves as a valuable resource for individuals, real estate developers, investors, and government agencies. It enables them to make informed decisions, assess market conditions, and negotiate lease agreements effectively. It is an essential tool for anyone interested in the leasing market in the Virgin Islands, helping them navigate the intricacies of the local real estate industry for their specific leasing needs.
Virgin Islands Lease Data Summary
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How to fill out Virgin Islands Lease Data Summary?
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The capital, Charlotte Amalie, is located on the island of Saint Thomas. ing to the U.S. Census Bureau, the 2020 population is 87,146. 71.4% of the population is Black or African American, 13.3% is white, 1.0% is Asian, 0.04% is American Indian and Alaska Native, 6.3% is other, and 7.5% is mixed.
With an active and diverse business community, the USVI is fertile ground for companies to thrive. The economic landscape of traditional and emerging industries include financial services, information technology, advanced manufacturing, and tourism and hospitality.
Median household income for the U.S. Virgin Islands decreased from $44,499 (in 2019 inflation-adjusted dollars) in 2009 to $40,408 in 2019. The percentage of families in poverty for the U.S. Virgin Islands showed a slight increase from 18.3% in 2009 to 18.6% in 2019.
The British Virgin Islands' economy is based on tourism and international financial services, which together represent more than 70% of the territory's gross domestic product (GDP).
Nearly one-quarter (22.8%), or 19,338, of the total 84,766 people in households for whom poverty status is determined had income below the poverty level.
Tourism, trade, and other services are the primary economic activities, accounting for nearly 60% of the Virgin Island's GDP and about half of total civilian employment.
The median income in the Virgin Islands is $37,706.
