Williamsburg


LIFE IN THE 757


FEATURED INDUSTRY

Business and Shared Services


LATEST TWEETS

Congrats to Amy Sampson as the next president and CEO of CHKD in 2023! We wish James Dahling a wonderful retirement after decades of service to the pediatric health system. We look forward to partnering further with CHKD under Sampson’s leadership! https://t.co/ZPtV4CEwRF
Governor Youngkin announced that Virginia has been approved for $230 million under the State Small Business Credit Initiative to accelerate the formation and growth of entrepreneurial businesses across the Commonwealth. Read the full release: https://t.co/AwJWbKF9uI

Williamsburg, VA

The first municipality in Virginia, Williamsburg was founded in 1632, or more than 100 years before the country in which it now sits.  Known as Virginia’s colonial capital, the modern-day city of Williamsburg is a thriving community that attracts millions of tourists to explore its shops, amenities, and, of course, the world’s largest living history museum: Colonial Williamsburg.  The city is also home to William & Mary, a premier public ivy research university widely recognized for its exceptional academic reputation.

Industry Highlights

Written about in the pages of every American history book, Williamsburg is an international tourism destination; Colonial Williamsburg alone sells more than 500,000 tickets each year.  The reputation and academic excellence that William & Mary is known for also attracts businesses looking to recruit talented graduates in a variety of fields.

Quality of Life

Williamsburg is known as “the smallest city with the biggest international address.”  A recent survey found that 88% Williamsburg residents rated their overall quality of life as either good or excellent, and 90% regard the city as a good or excellent place to live.

Data

Industry Employment Breakdown

Industry # of Employees % of Workforce
Accommodation and Food Services 2,581 20.3%
Health Care and Social Assistance 1,357 10.7%
Retail Trade 1,130 8.9%
Arts, Entertainment, and Recreation 1,054 8.3%
Professional, Scientific, and Technical Services 634 5.0%
Source: EMSI    

Industry Employment Breakdown

Population

15,259

Median Age

24.9

Labor Force

6,463

Unemployment Rate

8.2%

Median Household Income

$57,500

Sources: U.S. Bureau of Labor Statistics, November 2021; Esri Business Analyst Online, 2024 Forecast; Esri Business Analyst Online 2021 Detailed Age Profile; Economic Modeling Specialists International (EMSI), 2021 Forecast

Key Companies

Colonial Williamsburg Foundation

William & Mary

National Center for State Courts

Sodexo

City of Williamsburg

City of Williamsburg Economic Development

Ms. Yuri Adams, Acting Director
(P) 757-220-6104
yadams@williamsburgva.com
yeswilliamsburg.com

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