Economic Insights

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

Every State is an Auto State

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VA District 8 CLEAR ALL
Congressional District 8

Autos Drive Virginia Forward

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$693.7M
Total Labor Income Annually
$1.17B
Total Car Sales in 2018
35.8K
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

$38.5M
Total State Tax revenue
$1.1M
Corporate Profits Tax
$7.8M
State Income Taxes

Registrations

547,328

Registered

By Body Style

By Powertrain

The Virginia congressional district 8 average age of vehicles is 9.81 years.

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

New Purchases

35,848

Vehicles Sold

By Body Style

By Powertrain

Gasoline Stations 264
Electric Charging Stations 103
Biodiesel Stations 0
Compressed Natural Gas Stations 0
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 1

$32,666

$32,666 Average MSRP Per New Car

$104,149

$104,149 Median Household Income

$8,679

$8,679 Median Monthly Household Income

$497

$497 Median Monthly New Car Payment

5.73%

5.73% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work