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 7

Autos Drive Virginia Forward

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$651.5M
Total Labor Income Annually
$1.04B
Total Car Sales in 2018
32K
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

$64.5M
Total State Tax revenue
$799.3K
Corporate Profits Tax
$10.6M
State Income Taxes

Registrations

765,468

Registered

By Body Style

By Powertrain

The Virginia congressional district 7 average age of vehicles is 12.06 years.

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

New Purchases

32,041

Vehicles Sold

By Body Style

By Powertrain

Gasoline Stations 258
Electric Charging Stations 45
Biodiesel Stations 1
Compressed Natural Gas Stations 0
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 7

$32,405

$32,405 Average MSRP Per New Car

$77,533

$77,533 Median Household Income

$6,461

$6,461 Median Monthly Household Income

$494

$494 Median Monthly New Car Payment

7.64%

7.64% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work