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Albemarle County, one of Virginia’s most progressive and thriving localities, is among the most highly regarded, dynamic and desirable places to work and live in the country. The county is strategically located 110 miles south of Washington D.C. and 70 miles west of Richmond, and provides direct access to points across the nation through interstate, air, and rail service.   With unemployment rates consistently lower than state and national averages, and a highly educated and skilled workforce, the county boasts a thriving and innovative business sector.  Low student-teacher ratios and high graduation rates demonstrate why the Albemarle County school system is among the top 10% in the state, and those wishing to continue their education and professional development will find numerous workforce development facilities as well as higher education facilities such as the University of Virginia and Piedmont Virginia Community College. 
 DEMOGRAPHICS

Population  by Gender (VEC 7)

 Gender   Albemarle County
   Number  Percentage of Total
 Male 47,609 48.1%
 Female 51,361 51.9%






Total: 98,970


 


Population Change (VEC 8)

 2010:  98,970
 2020:  115,642**
 2030:  134,196**
 2040:  154,814**





** forecasted

 Population by Age (VEC 6) 

 Age   Albemarle County
   Number  Percentage of Total
 Under 14 17,509 17.69%
 15 to 24 16,026 16.19%
 25 to 44 24,450 24.70%
 45 to 64 26,861 27.14%
 65 and older 14,124 14.27%












Total: 98,970




 
 

 

 Population by Race (VEC 7)
Race Albemarle County
  Number Percentage of Total
 White 79,738 80.56%
 Black or African American 9,600 9.69%
 Hispanic or Latino 5,417 5.47%
 Asian 4,625 4.67%
 American Indian or Alaska Native 252 0.25%
 Native Hawaiian/Pacific Islander 52 0.05%
 Other 2,325 2.34%
 Multiple Races 2,378 2.40%
 Total: 98, 970

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 ECONOMY
 
Per Capita Income:
$51,255 (VEDP 8)
Median Family Income:
$89,768 (VEDP 8)
Year Albemarle County Virginia United States
 2008 3.0% 4.0% 5.8%
 2009 5.7% 7.0% 9.3%
 2010 5.7% 7.1% 9.6%
 2011 5.2% 6.4% 8.9%
 2012 4.9% 5.9% 8.1%
2013 4.6% 5.5% 7.7%

Top 25 Major Employers (VEC 20)

  1. University of Virginia / UVA Hospital
  2. County of Albemarle
  3. Martha Jefferson Hospital
  4. State Farm Mutual Automobile Insurance
  5. U.S. Department of Defense
  6. Northrop Grumman Corporation
  7. Piedmont Virginia Community College
  8. Wal-Mart
  9. GE Intelligent Platform Systems
  10. CACI Inc
  11. Crutchfield Corporation
  12. State Farm Fire and Casualty Insurance
  13. Thomas Jefferson Foundation
  

14.   Boar's Head Inn
15.   FIC Systems

16.   Food Lion
17.   Pharmaceutical Research Association

18.   Farmington Country Club
19.   Westminster Canterbury of the Blue Ridge
20.   Region Ten Community Services
21.   University of Virginia Medical Center

22.   Crown Orchard Company
23.   University of Virignia Healthsouth LLC
24.   UVA Health Services Foundation
25.   Belk

 
 
 
Employment in 10 Largest Industries in Albemarle County (VEC 22)

 Industry  Number  Percentage of Total
 State Government  11,118 22.20%
 Health Care and Social Assistance 5,842  11.67%
 Retail Trade  5,492  10.96%
 Local Government  4,191  8.36%
 Professional, Scientific, and Technical Services  3,457  6.90%
 Accommodation and Food Services  3,363  6.71%
 Construction  2,293  4.57%
 Other Services (except Public Administration) 1,900  3.79%
 Manufacturing 2,126  4.24%
 Administrative and Support and Waste Management Services 1,981 3.95%
 Management of Companies and Enterprises  1,493 2.98%
 Finance and Insurance 891 1.77%

Total Employed: 49,975 (VEC 22)
Labor Force/Labor force participation: 61.6% (VEDP 2)

Employment by Sector per Business Establishment (4th Qtr. 2012) (VEDP 5)

 Sector Number Percentage of Total
 Government 16,170 32.29%
 Health Care and Social Assistance 5,842 11.66%
 Retail Trade 5,492 10.97%
 Accomodation and Food Services 3,363 6.71%
 Professional Scientific and Technical Services 3,457 6.90%
 Construction 2.293 4.58%
 Administrative and Support and Waste Management 1,981 3.96%
 Manufacturing 2,126 4.25%
 Other Services 1,900 3.79%
 Management of Companies and Enterprises 1,493 2.98%
 Finance and Insurance 891 1.78%
 Real Estate and Rental and Leasing 830 1.66%
  Educational Services  835 1.67%
 Wholesale Trade 694 1.39%
 Information 566 1.13%
 Transportation and Warehousing 548 1.09%
 Agriculture Forestry Fishing and Hunting 589 1.18
Total: 52,371  

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 TAXES   
Localities in Virginia collect a 1% sales tax. They do not tax other items taxed at the State level. Counties and cities in Virginia are separate taxing entities. Therefore, a
company pays taxes to either a county or to a city.
– (VEDP 15)
2013 Albemarle County Revenue from sales taxes: $13,481,645 (VEC 35)
Real Estate Tax: $0.766 per $100 of assessed valuation
Personal Property Tax: $4.28 per $100 of assessed valuation
Automobile and Truck Tax: $4.28 per $100 of assessed valuation

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 EDUCATION

Highest Education Level Attained (population 25 years and older) (VEC 38)

 Degree Albemarle County
  Number Percentage of Total
 8th grade or less 2,821 3.6%
 Some His 4,186  5.4% 
 High School/GED 15,504 19.9%
 Some College 15,391 19.7%
 Associate's  Degree 4,180 5.4%
 Bachelor's Degree 19,077 24.4%
 Post Graduate Degree 16,977 21.8%
Total: 78,037

Percentage of Albemarle County population age 25+ who have earned a Bachelor’s Degree or higher:  52.2% (VEDP 4)
 
Student Teacher Ratio (VEDP 9)
Elementary:  11:1
Secondary:   11:1
 
Per Pupil Expenditure (VEDP 9)
$12,581 
On-Time Graduation Rate (Class of 2010) (VEDP 9)
93.4%
 
High School Graduates Continuing Education (VEDP 9)
87.1%

Workforce Development Facilities (VEDP 13)

 Facility  Type
 Albemarle Career Center  Satellite Center
 Charlottesville Albemarle Technical Education Center  Career and Technical Center
 Charlottesville Workforce Center  VEC Workforce Center
 Culpeper Career Resource Center  Comprehensive Center
 Culpeper Workforce Center  VEC Workforce Center
 Greene County Job Spot  Satellite Center
 Louisa Employment Center  Satellite Center
 Nelson Career Resource Center  Satellite Center
 Orange Workforce Center  Satellite Center
 Rappahannock Career Resource Center  Informational Center
 The Workplace  Satellite Center
 Workforce Information Center - Madison  Informational Center

Higher Education Facilities (VEDP 10)

 Facility  Enrollment
 University of Virginia  23,464
 Piedmont Virginia Community College  5,630
 Blue Ridge Community College  4,437
 Mary Baldwin College  1,739
 National College – Charlottesville Campus 110

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 HOUSING
Number of Housing Units (city-data.com)
 One, detached  21,225
 One, attached  3,533
 Two  431
 3 or 4  937
 5 to 9  1,488
 10 to 19  2,628
 20 or more  1,710
 Mobile homes  1,742
 Boats, RVs, vans, etc.  2,628


77.3% of housing units in Albemarle County currently have a mortgage
 
Median Sales Price: $319,900 (Albemarle County Real Estate Market Report May 2013)
Average Sales Price: $423,592
 
Average Price per square foot: $146 (CAAR 2010 Market Report)

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 QUALITY OF LIFE

Albemarle County ranked 13th in the nation among "America's Best Places to Raise a Family" - Forbes.com, 2008.

Ratings of Overall Community Quality (Citizen Survey 7-8)

                                              Percentage of respondents
who gave a “Good” or "Excellent" ranking
Rankings compared
to other select university communities
 The overall quality of life
in Albemarle County
92% Much above
 Your neighborhood
as a place to live
89% Much above
 Albemarle County
as a place to live
91% Much above

Ratings of Economic Sustainability and Opportunities (Citizen Survey 19)

                                              Percentage of respondents
who gave a “Good”  or "Excellent" ranking
Rankings compared
to other select university communities
 Employment opportunities 53% Much above
 Albemarle County as a place to work 76% Much above
 Overall quality of business and service establishments in Albemarle County 75% Much above

Ratings of Cultural and Educational Opportunities (Citizen Survey 32)

                                              Percentage of respondents
who gave a “Good”  or "Excellent" ranking
Rankings compared
to other select university communities
 Opportunities to attend  cultural activities  76% Much above
 Educational opportunities 84% Much above

Ratings of Community Health and Wellness Access and Opportunities (Citizen Survey 34)

                                              Percentage of respondents
who gave a “Good” or "Excellent" ranking
Rankings compared
to other select university communities
 Availability of affordable quality health care 66% Much above
 Availability of affordable quality food 73% Much above
 Availability of preventive health services 73% Much above

Overall image or reputation of Albemarle County (Citizen Survey 44)
“Excellent” or “Good” rating: 89%     
Much above benchmarks set by select university communities and peer localities

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 TRANSPORTATION
Interstates (VEDP 11)
 Name  Distance*
 I-64  0.0 miles (0.0 km)
 I-81  11.1 miles (17.9 km)
 I-95  37.6 miles (60.6 km)
 I-295  45.3 miles (72.8 km)

* Distance measured from border of County

 
Four Lane U.S. Highways Located Within Albemarle County
  • Highway 6
  • Highway 20
  • Highway 22
  • Highway 29
  • Highway 48
  • Highway 53
  • Highway 151
  • Highway 231
  • Highway 240
  • Highway 250

Commercial Air Service*
(VEDP 12)

Charlottesville-Albemarle Airport, Charlottesville – 12.2 miles (19.6 km)
  • American Airlines
  • Delta Connection
  • United Express
  • U.S. Airways Express

Shenandoah Valley Regional Airport, Weyers Cave – 46.9 miles (75.4 km)

  • Frontier Airlines
  • United Express

Richmond International Airport - 78.5 miles (126.3 km)

  • AirTran
  • American Airlines
  • Delta Airlines
  • JetBlue Airways
  • United Airlines
  • US Airways

Dulles International Airport - 102 miles (164.2 km)

  • 33 Unique Airlines transporting more than 60,000 passengers/day to more than 125 countries/day

*All Airports within a 75-mile drive of the center of the county


General Aviation Service (VEDP 12)

  • Waynesboro/Eagles Nest Airport - 32.4 miles

Freight Rail Service (VEDP 12)

  • CSX Transportation
  • Norfolk Southern Railway Company
  • Buckingham Branch Railroad

Seaports (VEDP 12)

 Name  Distance from center of County
 Port of Richmond  85.0 miles (136.8 km)
 Port of Virginia  163.0 miles (262.3 km)

Other Ports of Entry (VEDP 13)

 Name  Distance from center of County
 Richmond-Petersburg  83.9 miles (135.0 km)
 Port of Washington – Dulles  109.6 miles (176.4 km)

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 UTILITIES
 
Type of Service Provided Name of Company
Electric
  • American Electric Power
  • Rappahannock Electric Cooperative
  • Dominion Virginia Power
Natural Gas
  • City of Charlottesville
  • Columbia Gas of Virginia
 Telecommunications
  •  Comcast Business Communications
  •  Verizon
  •  nTelos
  •  Alltel
  •  AT&T
  •  Embarq
Water
  • Albemarle County Service Authority
  • Rivanna Water & Sewer Authority
Waste Water Treatment
  • Albemarle County Service Authority
  • Rivanna Water & Sewer Authority
Solid Waste Disposal
  • Rivanna Solid Waste Authority
  • Van der Linde Recycling

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 FINANCIAL INSTITUTIONS

 Bank  4th Qtr 2013 Assets (millions)
 Bank of America, N.A.  $1,433,716.0
 Wells Fargo Bank, N.A.  $1,373,600.0
 Branch Banking and Trust Company  $179,126.3
 SunTrust Bank  $171,261.7
 First-Citizens Bank & Trust Co.  $20,857.6
 Union First Market Bank  $4,155.0
 United Bank  $3,659.8
 StellarOne Bank  $3,061.9
 Sonabank, N.A.  $715.9
 Virginia National Bank  $512.9
 Pioneer Bank  $168.9
 Old Dominion National Bank  $49.7

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Albemarle At-A-Glance

Population: 105,051 (2015 estimate)
6.1% increase in population since 2010

Area: 726 square miles
2016 Real Estate Tax Rate:
$0.839 per $100
2016 Personal Property Tax
Rate:
$4.28 per $100
Unemployment Rate: 3.3%
(2015) 
Average Annual Income: $51,480
Click here for more complete demographic information...
 
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