Economic Insights

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

Every State is an Auto State

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Congressional District 3

Autos Drive Virginia Forward

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$521.2M
Total Labor Income Annually
$722.4M
Total Car Sales in 2018
23.4K
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

$49.5M
Total State Tax revenue
$827.2K
Corporate Profits Tax
$6.7M
State Income Taxes

Registrations

598,624

Registered

By Body Style

By Powertrain

The Virginia congressional district 3 average age of vehicles is 12.49 years.

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

New Purchases

23,447

Vehicles Sold

By Body Style

By Powertrain

-$1.11B
-$1.11 Billion Total Imports
$547.6M
$547.6 Million 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 248
Electric Charging Stations 35
Biodiesel Stations 0
Compressed Natural Gas Stations 2
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 6

$30,809

$30,809 Average MSRP Per New Car

$52,797

$52,797 Median Household Income

$4,400

$4,400 Median Monthly Household Income

$469

$469 Median Monthly New Car Payment

10.66%

10.66% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work