Economic Overview

Powhatan’s economy relies heavily on government, construction, retail trade, and service industries. The civilian labor force exceeds 14,230. Approximately 6,375 people are employed in Powhatan with approximately 65% of the labor force commuting to surrounding areas for work. The current unemployment rate is 6.7% (VEC, Dec. 2009), which is which is comparable to surrounding counties. The median household income is one of the highest in the state at $71,263. Taxable retail sales in 2009 were $162,406,900.