Cost of Doing Business

A Competitive Environment

Stable tax rates and below-average labor costs

Frederick County offers a competitive environment when it comes to operating your business. The annual average wage for Winchester MSA* ($45,500) is well below the Virginia ($52,400) and U.S. ($49,300) averages. Low and stable tax rates are attractive to companies seeking an advantageous and reliable community for its operations. Frederick County is the northern-most point of Virignia, a right-to-work state, and has an extensive road infrastrucutre allowing companies to move its products in-and-out quickly.

Sample Wage Comparison *

AVERAGE WAGES WINCHESTER MSA* D.C. METRO  U.S.
    All Occupations $45,500 $62,700 $49,300
    Chemical Technicians $47,800 $52,500 $49,800
    Construction Laborers $31,500 $34,700 $37,900
    Electrical Engineers $96,200 $112,900 $98,600
    Financial Specialists $77,100 $90,900 $80,900
    Food Batchmakers $31,400 $26,800 $30,100
    Freight, Stock, and Material Movers $27,400 $29,500 $28,700
    Health Technologists $44,700 $53,600 $46,500
    Healthcare Support $40,000 $42,900 $37,700
    Human Resource Specialists $67,100 $83,700 $64,900
    Industrial Machinery Mechanics $53,200 $57,500 $51,900
    Industrial Truck & Tractor Operators $34,500 $38,700 $34,300
    Licensed Practical Nurse $39,800 $50,800 $44,800
    Machine Tool Operators $40,100 $35,800 $35,500
    Machine Feeders $32,300 $34,400 $30,500
    Market Research Analysts $50,500 $77,900 $70,600
    Mixing and Blending Machine Setters $42,100 $56,700 $37,600
    Nursing Assistants $24,600 $30,300 $27,700
    Office and Administrative Support $35,400 $43,900 $37,200
    Packers and Packagers, Hand $23,300 $23,800 $24,400
    Printing Press Operators $36,200 $70,600 $37,500
    Production Helpers $26,700 $26,600 $26,900
    Radiologic Technologists $62,800 $70,600 $59,300
    Sales Representatives $67,200 $82,300 $70,500
    Training & Development Specialists $52,800 $75,500 $63,400
    Welders, Cutters, and Solderers $44,300 $50,700 $42,500
Source: Occupation wages from Bureau of Labor and Statistics as of 2016 |  Updated: January 2018
*Note: Winchester MSA includes City of Winchester, and Frederick County, VA; and Hampshire County, WV

Taxes **

Corporate Tax Rate (State - 2018)  6%
Sales & Use Tax Rate (State - 2018:  4.3% & Local 1%)  5.3%
Workers Compensation  (State- 2017 estimate) $0.77 per $100 of payroll
Unemployment Insurance Per Employee (State - 2017 estimate)  $125
Real Estate - Frederick County (per $100 assessed value) $0.60
Personal Property - Frederick County (per $100 assessed value) $4.86
Machinery & Tools - Frederick County (per $100 assessed value) $2.00
Source: Virginia Economic Development Partnership | Updated: January 2018

Utilities

Electric

Rappahannock & Shenandoah Valley Electric Cooperatives (assuming 80% power factor)
$0.073 - $0.095 p/KWH
Source: Estimates from REC and SVEC combined to form range for commercial and industrial users | Updated: January 2018

Natural Gas

Washington Gas
$0.40 - $0.90/Therm*
Source: Estimate from Washington Gas for commercial and industrial users; price includes gas, distribution charge, and applicable riders
Updated: January 2018
*Note: 1 Therm = 29.31 kWH

Water

$6.00 per 1,000 gallons for users with 1,000,000 gal/month consumption.
Source: UNC Environmental Finance Center and Draper Aden Associates. Rates as of July 1, 2017 | Updated: January 2018

Wastewater

$6.57 per 1,000 gallons for users with 1,000,000 gal/month consumption.
Source: UNC Environmental Finance Center and Draper Aden Associates. Rates as of July 1, 2017 | Updated: January 2018
 

Virginia offers low operating costs and a pro-business environment. Check out the Compare Virginia tool at YesVirginia.org to see how Virginia stacks up. Read More

Your Move. Our Commitment.

Frederick County
Economic Development Authority
45 E. Boscawen St.
Winchester, VA 22601

© Frederick County Economic Development Authority