Forbes.com Calls Stafford "Best Place To Get Ahead"
March 21
Forbes.com has called
Stafford County one of the best places in the
United
States to get ahead.
The
business Web site looked at income and job
data from the U.S. Census and Department of Labor Statistics, and ranked
locations where median income was rising the most quickly. They limited their
list to counties where the median income was at least $75,000. They also studied
job growth information as far back as 2000.
“Congratulations to the people of
Stafford County for this well-deserved recognition,” Governor
Timothy M. Kaine said in a statement provided to Stafford County by his office. “Virginia was recently named a top state to do business by
Governing Magazine, sharing that honor with Utah and Washington. It is clear that the recognition
would not have been possible without the contributions of the citizens, the
government and the businesses of Stafford County.”
Forbes.com
stated that “Stafford County has a proven ability to land
federal jobs and companies with government contracts, as well as to attract
businesses from all over the country…”
“We
have worked extremely hard over the past several years to make Stafford County
an employment center, where our residents can work at high-paying, professional
jobs rather than commute out of the county,” said Chairman of the Board George
Schwartz. “Our efforts are paying off with the addition of Fortune 500
companies, world renowned businesses, high quality educational institutions and
major Defense Department contractors.”
Stafford
will also have its own 100-bed, state-of-the-art hospital, when Medicorp’s
Stafford
Hospital Center opens in early 2009. The
full-service acute-care facility will offer a full service emergency department
and include surgical, labor and delivery, intensive care, cardiac, respiratory
and neurological services.
Recent statistics from the
Virginia Employment Commission indicated that Stafford is fourth in Virginia in terms of the
growth in businesses, by percentage, with an increase of 36.7 percent from 2002
to 2007. In addition, the Commission’s data places Stafford third in the Commonwealth in at-place employment
growth with a 34.3 percent increase. Stafford
now has 2,132 businesses and 34,832 individuals employed in the county.
Professional and technical services jobs more than doubled from 2002-2007 in
Stafford.
Stafford’s new professional jobs growth in the last five
years has propelled the county’s average weekly wage to more than $40,000 a year
for the first time, placing the county second, by percentage, in the
Commonwealth in terms of average weekly wage growth. According to the Virginia
Employment Commission, Stafford experienced an
increase of 43.3 percent in its average weekly wage from 2002 to 2007.
Stafford was the recipient of
another recent accolade from Forbes.com. Earlier this year, it stated that
Stafford was the 11th wealthiest county in the United States.
Forbes.com based their rankings on median household
income data estimates from the 2006 census. Stafford’s median household income is listed at $85,014.
For more information on the
Department of Economic Development, please call (540) 658-8681 or visit its
Web site at www.GoStaffordVa.com.
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