Fastest Growing Cities in Virginia for Businesses
Table of contents
Nicknamed “the birthplace of a nation,” Virginia had the first permanent English settlement. While the initial residents were sent there to search for valuables and a water route to the Orient, the state now attracts many folks since it has a low crime rate, a strong economy, as well as a qualitative healthcare. Alongside that, people are drawn by the beautiful place’s rich history, mountains, beaches, and more.
More importantly, Virginia is a great state to run a firm. So much so that CNBC even ranked it America’s Top State for Business in 2024, stating it has some of the country’s top schools and established infrastructure.
Even though the Old Dominion’s population only grew by 0.55% and 5.6% between 2020-2022 and 2013-2023, respectively, it still is the 12th most populated US state, with over 8.7 million individuals. So today, let’s learn about some of the fastest-growing cities in Virginia based on the rise in their inhabitants. Also, find out about their area codes, median household income, and more, which are fruitful for businesses.
*Methodology: The cities are listed based on the population growth rate over the years.
Manassas Park
Manassas Park saw a 22.7% increase in residents from 2010 to 2020. According to the city, it is the most advanced and youngest city in Virginia. The urban area’s officials also help families and businesses to thrive in the region, offering a range of housing options with any needed assistance.
Formerly called “The Park,” Manassas Park has a median household income of over $91K and an employment rate of 74.3%. It is spread around 3.03 square miles (7.86 km2) and uses two area codes, 703 and 571.
Fredericksburg
Fredericksburg has everything from restaurants with delicacies and craft breweries to art galleries. It saw a 22.4% increment in residents from 2010 to 2019. As per 2020 Decennial Census, its population is 27,982, and they all use the 540 area code or its overlay 826 area code.
Booming industries like professional services, healthcare, manufacturing, and retail help sustain 11K households with a median income of $83,445.
Falls Church
Falls Church had a population of 12,332 in 2010 which increased to 14,677 in 2020. Furthermore, a report suggests the city will likely have a 21% growth by 2030.
Famous for its endless community activities, environmental activism, and urban village community, Falls Church has an impressive median household income of $164,536. Moreover, the region offers incentives for new businesses or to expand existing ones and is a great place for all. Similar to Manassas Park, it is represented by two area codes, 703 and 571.
Leesburg
It has come a long way compared to Leesburg's 28,614 population in 2000. As of 2023, the city has 49,312 residents. Leesburg saw its most increment back in 2003, with a growth rate of 5.03%, when the number of inhabitants grew from 31,344 to 32,922.
Like Falls Church, it has an impressive median household income of $132,298 and shares the same 703 and 571 area codes.
Manassas
Between 2000-2010 and 2010-2020, Manassas's population rose by 9.40% and 11.72%, respectively. While the growth rate has decreased drastically over the years, it still increased by 0.05% from 2022 to 2023.
Formerly known as Tudor Hall, the city has become a center for manufacturing, government contracting, and healthcare firms, which massively contribute to its $110,559 median household income. Since there are just 30 miles/48 kilometers between Manassas and Leesburg, the former is covered by the same area codes, 703 and 571.
Alexandria
Alexandria's population growth rate was 10.30% from 2010 to 2023. In thirteen years, the number of people there grew from 140,737 to 155,230.
The city’s top industries, such as retail trade, healthcare and social assistance, public administration, and professional, scientific, and technical services, contribute greatly to its median household income of $110,294. Like Manassas, Leesburg, and Falls Church, 703 and 571 are the prospering territories’ area codes.
Virginia Beach
Virginia Beach is Virginia’s largest city and the 39th largest in the US. It has grown 6.29% since 2000.
The main industries in this region are advanced manufacturing, bio and life sciences, defense, IT/cyber, and maritime and logistics. The people residing in this city mostly use the 757 or 948 phone area code and earn a median household income of $91,141.
Richmond
Richmond is Virginia’s capital. It was also the Confederate capital and saw a 16.43% population increase from 2000 to 2023, making it the state’s fourth-most populated city.
Well, according to the US Census Bureau, Richmod’s median household income is $65,650 and its top thriving sectors are commercial lighting, military and government contracting, logistics and shipping, entertainment and hospitality, and health and life sciences. Plus, 804 is the prevalent area code, which soon will be getting 686 as an overlay.
Lynchburg
Like many of the cities mentioned above, Lynchburg too saw a good increment in its residents. It had a population growth rate of approximately 21.73%.
Also known as the "City of Seven Hills," education, manufacturing, and healthcare command the prospering city’s economy. With over 33K households and a $61K median household income, most people have implemented the 434 area code numbers.
Wytheville
Nicknamed “The Hub of Southwest Virginia,” Wytheville’s population has risen by about 3.36% from 2000 to 2023. Mostly, healthcare services have made a name for themselves in this region. Furthermore, its beautiful locality has many attractions, such as farms/gardens, music/theater, racing/spectator sports, and history/museums.
Wytheville is Wythe County’s county seat. Its median household income is $53,921 and most people use the 276 telephone code.
Conclusion
Apart from being the best state for operating an enterprise, the US News and World Report also ranks Virginia as the 13th best state for residing. There are many reasons behind it since multiple cities in the state have a grand median household income that exceeds the $100K mark and offers a suitable business environment, which is attracting tons of people to shift to the “mother of states.”
So, if you are planning to expand or run a business there, you have plenty of cities to choose from. Furthermore, you can easily get a Virginia telephone number by signing up with Calilio. Its advanced Voice over Internet Protocol (VoIP) features, such as AI sentiment analysis, interactive voice response (IVR), automatic call distribution, and more, help organizations streamline their business communication more effectively.
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