Stafford County Virginia
Stafford County is situated less than 30 miles from Washington D.C. in northern Virginia. Stafford County has a population of approximately 130,000 people, which represents an increase of 40% over the past decade. This population consists largely of professionals operating in the federal civil service, US military and private companies which contract to furnish services to the federal government. The United States Marine Corps Base Quantico, located in northern Stafford County just off Interstate 95 is which has a daytime population of 27,000 military personnel and civilians and has an overall economic impact of over $5.88 Billion yearly.
The residential base in Stafford County is highly educated, young, and family oriented, with average household income of $96,975, which is expected to grow to over $100,000 by 2015. Stafford County’s highly educated workforce comprises residents as well as commuters from outside the county. In 2013, an estimated 46.6% of Stafford County’s at-place workers had a 2-year College degree or higher. As of April 2014, the unemployment rate in Stafford County was 4.4%, lower than the unemployment rate in more than three-quarters of Virginia’s 134 counties and independent cities. The county is very strong financially and maintains a great AA bond rating, helping the county to prosper despite the current economic climate.
County growth continues and some major projects are underway to improve roads, rail, and the Stafford County Regional Airport. Route 17/Warrenton Road improvements are well underway, to add additional lanes along the corridor where the development is located. Currently, a $1 billion project is near completion to extend Interstate 95 HOT & HOV lanes into Stafford County. New high-speed rail improvements are planned to be extended from Washington D.C. to Richmond, and also constructing a third rail line for CSX and VRE (Virginia Railway Express) from Stafford to Washington D.C. A $4 million, 10,000 SF terminal at Stafford Regional Airport was recently opened.
Stafford combines this pro-business approach with amenities like first-rate commercial developments, beautiful parks, award-winning law enforcement, championship golf courses, and nationally ranked schools to create an ideal quality of life, attracting expanding businesses and residential growth.
Forbes Magazine recently named Stafford County as the “No. 1 Best Place to Get Ahead” in the United States, and it was also ranked the 9th wealthiest county in the United States (Forbes 2013).
Quick Highlights | Stafford County
Total Population: 129,446
Total Households: 42,313
Median HH Income: $97,606
(9th Wealthiest County in the U.S.)
Unemployment Rate: 4.4%
- # 1 For Job Growth in Virginia for the past 5 years
- Nearly 40% Population Growth over the past decade
- 79.5 % Homeownership rate
- No Business License Tax
- Over 30% of population has college degree
- Home to Marine Corps Base Quantico, with a daytime population of 27,000+ and an economic impact over $5.8 Billion (MCB Quantico Economic Impact Assessment Technical Report, 2012)