Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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State Facts

Autos Drive Virginia Forward

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123,526
123,526 Total Auto Jobs in Virginia
2.34%
2.34% is dependent on the Auto Industry for Jobs.
$6.95B
Total Labor Income Annually
$12.22B
Total Car Sales in 2018
383K
Total New Car Sold in 2018

Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

$655.5M
Total State Tax revenue
2.8%
Percent of State Tax Revenue
$544.2M
New Vehicle Sales Taxes
$308.6M
Used Vehicle Sales Taxes
$125.1M
Sales Tax on Auto Parts and Services
$1.57B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$10M
Corporate Profits Tax
$108.1M
State Income Taxes

Registrations

7,532,673

Registered

By Body Style

By Powertrain

The Virginia average age of vehicles is 12.1 years.

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.

New Purchases

382,955

Vehicles Sold

By Body Style

By Powertrain

$20.36B
$20.36 Billion Total Imports
$9.14B
$9.14 Billion Total Exports
$2.05B
$2.05 Billion Total Imports
$718.9M
$718.9 Million Total Exports
Compiled by Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.
Gasoline Stations 3603
Electric Charging Stations 573
Biodiesel Stations 1
Compressed Natural Gas Stations 6
Hydrogen Stations 0
Liquefied Natural Gas Stations 2
Liquefied Petroleum Gas Stations 71

$31,921

$31,921 Average MSRP Per New Car

$71,535

$71,535 Median Household Income

$5,961

$5,961 Median Monthly Household Income

$486

$486 Median Monthly New Car Payment

8.15%

8.15% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work

Automakers' Facilities

Ford Motor Company

Location Employees
Washington Regional Office Chantilly 24
Washington DC High Velocity Center Winchester 43

Mazda

Location Employees
Mazda Training Center Colonial Heights 22

Stellantis

Location Employees
Winchester Parts Distribution Center Winchester

Volkswagen Group of America

Location Employees
Volkswagen Group Headquarters Herndon Herndon 799
Volkswagen Group Headquarters Reston Reston 151