Welcome to the Historic Richmond Region!

Ideally situated in the heart of the East Coast economic corridor, Greater Richmond includes Virginia’s capital city, Richmond, and the vibrant counties of Chesterfield, Hanover, and Henrico. Successful companies have found the area to be extraordinarily business-friendly for 400 years. Today, it is home to ten Fortune 1000 companies varying from manufacturing to retail to services.

The Richmond metropolitan area’s population exceeds 1.2 million and employment totals more than 647,000. The diverse local economy produces experienced and productive workers with the skills required for 21st century research, production, and headquarters operations. Ten colleges and universities offer degree programs in all fields, plus continuing education classes and custom programs tailored to specific company and industry needs. A magnet for labor, the metro area attracts workers from more than 40 localities statewide.

The Richmond region’s moderate continental climate has four distinct seasons and provides year-round opportunities for outdoor recreation. A wealth of cultural and artistic amenities gives the area a cosmopolitan flair, yet the region is remarkably accessible, with minimal traffic congestion and an average commute of just 24 minutes. Reasonable living costs and a wide array of affordable housing contribute to the Region’s easy lifestyle.

A long-term commitment by pro-business state and local governments has kept tax rates stable and among the lowest in the country. Economic development offices are available to assist new and expanding companies with ready-to-go sites and fast track permitting. The Richmond Region provides a right-to-work environment with a history of good labor-management relations.

Just the Facts includes facts and statistics on labor, business climate, and other subjects that impact a company’s successful operation. However, words simply cannot convey all the Richmond Region’s attributes as a business location. Once you have looked at the facts, we invite you to visit the region and to see first hand the exciting opportunities that are available.