Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.
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Congressional District 5

Autos Drive Virginia Forward

Industry Impact

12.4K
12.4 Thousand total auto jobs in Virginia
2.60%
2.60% depend on the auto industry for jobs
$724.93M
Total Labor Income Annually
19.4K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.

Tax Revenue

$129.49M
total state tax revenue
$808K
corporate profits tax
$15.51M
federal income taxes

Registrations

771.1K
Registered

By Body Style

  • Cars 260,863 (33.83%)
  • UVs 255,529 (33.14%)
  • Pickups 193,355 (25.08%)
  • Vans/Minivans 41,985 (5.45%)

By Powertrain

  • ICE / Hybrid 767,459 (99.53%)
  • Electric 2,379 (0.31%)
  • Plug-In Hybrid 1,236 (0.16%)
  • Fuel Cell 0 (0%)
The Virginia congressional district 5 average age of vehicles is 14.8 years; The national average is 12.2.
Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.

New Purchases

19.4K
Vehicles Sold

By Body Style

  • Cars 3,494 (18.01%)
  • UVs 11,250 (57.99%)
  • Pickups 4,053 (20.89%)
  • Vans/Minivans 604 (3.11%)

By Powertrain

  • ICE / Hybrid 18,360 (94.63%)
  • Electric 807 (4.16%)
  • Plug-In Hybrid 235 (1.21%)
  • Fuel Cell 0 (0%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • Total Exports
  • Total Imports

Economic Activity from 2022

  • Total Exports
  • Total Imports
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.

Fueling

  • Gasoline Stations 633
  • EV Level 2 Charging Ports 124
  • EV Level 2 Charging Stations 58
  • EV DC Fast Charging Ports 21
  • EV DC Fast Charging Stations 12
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.
Consumers
$62.3K
Median Household Income
68.40%
Owner Occupied Housing
31.60%
Rental Occupied Housing
85.70%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (72.50%)
  • Carpool to Work (6.30%)
  • Take Public Transportation (0.70%)
  • Work From Home (16.40%)
  • Other (4%)

Housing Type

  • Single Family Home (69.30%)
  • 1-Unit (6.90%)
  • 2-4 Units (4.90%)
  • 5-9 Units (4.30%)
  • 10-19 Units (5.40%)
  • 20+ Units (4.10%)
  • Mobile / RV / Boat (5%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.