Fredericksburg

Virginia

Fredericksburg, VA

The Fredericksburg Virginia Region, which includes the City of Fredericksburg and the Counties of Stafford, Spotsylvania, Caroline, and King George, is a charming and historic area with an enviable quality of life.

Fredericksburg is accessible to major markets in the Mid-Atlantic with its strategic location along the Interstate 95 corridor in central Virginia midway between the nation's capital at Washington, D.C. (54 miles), and the state capital at Richmond (58 miles).

The Region is part of the Washington-Arlington-Alexandria Metropolitan Statistical Area (MSA), one of the nation’s most vibrant and stable markets.

For the past thirty years, the Fredericksburg Region has been the one of the fastest growing regions in the Commonwealth of Virginia as well as nationally. With the current population nearly 400,000 strong and a highly skilled labor force over 1 million within a 40-mile commute, it is easy to see why the region is a vibrant and emerging employment center.

Tracing its history to the colonial era, the Fredericksburg Region has long been known as an important center for industry and commerce, due largely to its strategic position as a crossroads for highway, rail, and water-based transportation as well as its central location between three military bases, Quantico, Dahlgren, and AP Hill.

Numerous high tech firms serve these bases, as well as many agencies of the federal and state government.

Many other businesses locate here to serve the region because of the area’s enviable quality of life and accessibility to major markets on the East Coast.

Additional Resources: http://fra-yes.org

Adam Nelson

Associate

Alex Rubiera

Maintenance Group

Angelo Ignudo

Portfolio Manager

Ann M. Allen, CPM Candidate

Associate Director

Berkley Mitchell

Vice President

Chris Russotti

Associate

Jamie Scully, CCIM

First Vice President

Jeannine Dudzinski

Brokerage Services Associate

Joby Saliceti

Senior Associate

Mark Banach

Associate

Mike Degen

Vice President

Paul A. Spellman

Portfolio Manager/Team Lead

Samantha Knox

Property Management Assistant

Sharon Schmidt

Senior Associate

Virgil Nelson, CCIM

Senior Vice President

Wilson Greenlaw, CCIM

Vice President

Fast Facts


  • Growth Rate: 41.41%
  • Total Civilian Labor Force: 179,610
  • Unemployment Rate: 4.8%
  • Land/Water Area: 1,397 square miles

Population:


  • 27,096 (Fredericksburg City)
  • 135,303 (Stafford County)
  • 126,255 (Spotsylvania County)
  • 24,738 (King George County)
  • 28,803 (Caroline County)

Avg. Household Income:


  • $70,238 (Fredericksburg City)
  • $107,694 (Stafford County)
  • $91,153 (Spotsylvania County)
  • $89,969 (King George County)
  • $67,978 (Caroline County)

Major Employers in Greater Fredericksburg


Manufacturing

Company Product/Service Estimated Employment
Free Lance-Star Publishing Inc. Newspaper 300 - 599
Printpack, Inc. Flexible packaging 100 - 299

Non-Manufacturing

Company Product/Service Estimated Employment
A-T Solutions Consulting 300 - 599
CVS Virginia Distribution Inc. Drug Store Distribution Center 300 - 599
Germanna Community College Higher Education 300 - 599
GEICO Auto Insurance 2,500 - 4,999
Intuit, Inc. Software Programs 300 - 599
Marine Corps Base Quantico Marine Corps Base 10,000+
Mary Washington College Higher Education 600 - 999
Mary Washington Hospital Health Care 1,500 - 2,499
McLane Mid-Atlantic Retail Distribution Center 600 - 999
Northrop Grumman Technology 300 - 599