NAICS 51

Information in Charlottesville, VA

Metro Market Score 57.1 (Challenging), ranked #221 of 294 metros. 182 establishments, 1,627 jobs.

Metro Market Score 57.1

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

ⓘ Lower is better. Relative to national information average.

💰High-Cost Market

Market conditions for information in Charlottesville are tougher than average. The 57.1 market score reflects a combination of high labor costs, mixed growth signals, and an already crowded field. Rank: #221 of 294 metros.

Industry Concentration

83.0

LQ: 0.76

Rank #244 of 294 metros

Wage Competitiveness

88.8

$128,303 avg wage

Growth Trend

↑ 64.3

Employment growth index

Rank #106 of 294 metros

Wage Pressure

17.4

YoY wage change index

182 Information Firms in Charlottesville

182

Establishments

-8.5% YoY

1,627

Total Employment

+0.0% YoY

$128,303

Average Annual Wage

+0.0% YoY

0.76

Location Quotient

Below national avg

Within Virginia

#4 of 4

information metros in state

Virginia state rank

#9 of 51

for information entry risk

vs State Median

+9.6

worse than median (47.6)

Charlottesville vs Virginia Statewide

How this metro's information market compares to Virginia overall. The state ranks #9/51 for entry risk.

Measure	Charlottesville	VA Statewide
Overall Score	57.1 Challenging	36.2 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#221 of 294 metros	#9 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Charlottesville

Construction 52.9 Finance and Insurance 57.0 Real Estate and Rental and Leasing 57.3 Retail Trade 59.8 Accommodation and Food Services 66.9 Other Services 68.6

Information in Other Virginia Metros

Harrisonburg 35.1 #84/294 Staunton-Stuarts Draft 42.2 #131/294 Winchester 47.6 #175/294

Information Metros With Similar Conditions

Metros within 5 points of Charlottesville's 57.1 score. Useful when comparing markets with comparable entry profiles.

Burlington-South Burlington, VT 57.2 #222/294 Lexington-Fayette, KY 57.3 #223/294 Youngstown-Warren, OH 57.3 #224/294 Charlotte-Concord-Gastonia, NC 56.8 #220/294 Oshkosh-Neenah, WI 56.6 #219/294 Syracuse, NY 57.8 #225/294 St. Cloud, MN 57.9 #226/294 Springfield, MA 58.5 #227/294 Dubuque, IA 58.5 #228/294 Champaign-Urbana, IL 58.6 #229/294

Information in States Bordering Virginia

State-level entry risk for information in adjacent states. Use this to weigh cross-border options.

Kentucky 32.6 #6/51 West Virginia 37.3 #11/51 North Carolina 45.3 #28/51 Tennessee 48.1 #37/51 Maryland 48.9 #40/51 District of Columbia 51.0 #43/51

Browse Information in Other States

State-level entry risk reports for information across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Charlottesville's information sector, the wage competitiveness component (88.8) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Charlottesville, VA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment