Key Facts Economy
Immigrants hold billions of dollars in economic power and contribute billions to the Northern Virginia economy
As Virginia's economy continues to expand, businesses and firms will require more workers across all skill levels to stay competitive and productive. As a tight labor market, with some of the lowest levels of unemployment in the country according to the Bureau of Labor Statistics' 2017 annual averages, much of the labor needed to meet Northern Virginia's demand for workers comes from outside the region, U.S born and immigrant alike.
Gross Domestic Product (GDP), 2017 Estimates (in 2017 Inflation Adjusted Dollars)
How many
billions of dollars do immigrants contribute to the NOVA GDP?
How many
billions of dollars do immigrants contribute to the NOVA GDP?
Source: National Association of Counties, Data Explorer, 2019. U.S. Bureau of Economic Analysis. NAE Analysis of the 2013-2017 American Community Survey, 5-Year Sample, downloaded from IPUMS USA, University of Minnesota, www.ipums.org.
57.7 Billion
What is the total household
earnings and tax contributions of NOVA's
immigrants?
What is the total household
earnings and tax contributions of NOVA's
immigrants?
Total Household Earnings
$28.3 Billion
State & Local Taxes Paid
$2.1 Billion
Federal Taxes Paid
$5.9 Billion
Source: NAE analysis of the 2013-2017 American Community Survey,5-Year Sample, downloaded from IPUMS USA, University of Minnesota, www.ipums.org; ITEP, “Who Pays?”; Congressional Budget Office; U.S. Social Security Administration.