July 28, 2914
According to the University of Virginia's Weldon Cooper Center for Public Service, the population in Central Virginia has increased by more than 16,000 people in just three years. Most of that growth is centered in Albemarle County, Charlottesville and Lynchburg.
"Charlottesville is one of the youngest localities, in terms of median age. And both Charlottesville and Lynchburg are young, but again we have to remember there are different causes, so people may be here for education, for employment, people may migrate away," says Shonel Sen, Research and Policy Analyst for the Weldon Cooper Center.
Researchers say population growth could be attributed to the fact that both Charlottesville and Lynchburg are home to large universities, which could give credit to stellar education rates.
"Almost 31% of the Central Region population has at least a bachelor's degree or more, so that is quite a high degree of education detainment. Typically for Charlottesville and Albemarle, more than 50% of the population has a bachelor's degree which is pretty significant," says Sen.
Generally if education rates are higher, employment rates will benefit.
Albemarle and Greene County both have the lowest unemployment rate at 3.1% compared to the state unemployment rate of 5.4%.
Generally with higher employment rates you will see higher incomes.
The average income in Central Virginia is around $54,000 but residents in Fluvanna earn the highest median income at just over $71,000.
Northern Virginia's median income is slightly above $100,000, nearly double that of Central Virginia's.
It is important to keep in mind that Northern Virginia is also home to the state's largest population.
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