COVID-19 RESOURCES


ENTREPRENEURIAL ECOSYSTEM BUILDING


LABOR MARKET DATA

*based on Emsi Q4 2020 Data Set

2020 Labor Force Breakdown

    Population
  Total Working Age Population 311,057
  Not in Labor Force (15+) 130,446
  Labor Force 180,611
  Employed 171,621
  Unemployed 8,990
  Under 15 59,828

370,884

Population (2020)

Population grew by 10,521 over the last 5 years and is projected to grow by 7,894 over the next 5 years.

168,170

Total Regional Employment

Jobs grew by 7,814 over the last 5 years and projected to grow by 8,629 over the next 5 years.

$49.9K

Avg. Earnings Per Job (2020)

Regional average earnings per job are $19.7K below the national average earnings of $69.6K per job.


DOWNLOADABLE REPORTS

 


COST OF LIVING INDEX & QUALITY OF LIFE INDICATORS – EMSI Q4 2020 DATA SET

Metro/Micro

COL Index** Mean Commute Time Unemployment (Aug. 2020) Median Household Income (2018) Population 2019 Projected Population (2025)
Harrisonburg-Rockingham VA Metro 97.7 19.8 minutes 3,144 $54,136 134,944 139,815 (+3%)
Staunton-Waynesboro-Augusta VA Metro 99.2 23.3 minutes 3,064 $55,721 126,752 126,752 (+3%)
Lexington-Buena Vista-Rockbridge VA 99.7 24.8 minutes 491 $54,805 22,911 22,911 (+1%)
Washington-Arlington-Alexandria VA Metro 116.9 34.8 minutes 96,117 $100,732 6,280,470 6,535,508 (+3%)
Richmond VA Metro 104.6 25.2 minutes 46,472 $66,258 1,291,931 1,349,174 (+4%)
Virginia Beach-Norfolk-Newport News VA Metro 104.5 29.8 minutes 63,139 $49,032 1,768,946 1,793,183 (+1%)
Charlottesville VA Metro 106.9 24.1 minutes 6,297 $67,224 218,610 227,631 (+3%)
Winchester VA Metro 100.6 30.9 minutes 2,853 $62,937 140,571 148,274 (+5%)

Fredericksburg VA Metro

101.2 29.3 minutes 1,025 $63,274 29,029 30,525 (+4%)

*Source: EMSI Q4 2020 Data Set

**COL Index: Emsi’s cost of living data is based on the Cost of Living Index published by the Council for Community and Economic Research (C2ER).

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