Business Data

Industries

Employment by Sector* (1st Qtr. 2015)
Agriculture Forestry Fishing and Hunting – 210 1.5%
Mining Quarrying and Oil and Gas Extraction – N.D. N.D.
Utilities  – 14 0.1%
Construction – 1,067 7.6%
Manufacturing – 2,666 19.0%
Wholesale Trade – 382 2.7%
Retail Trade – 1,875 13.3%
Transportation and Warehousing – 296 2.1%
Information – 100 0.7%
Finance and Insurance – 260 1.8%
Real Estate and Rental and Leasing – 158 1.1%
Professional Scientific and Technical Services – 324 2.3%
Management of Companies and Enterprises – 42 0.3%
Administrative and Support and Waste Management – 738 5.2%
Education Services – N.D. N.D.
Health Care and Social Assistance – 1,498 10.7%
Arts Entertainment and Recreation – 118 0.8%
Accommodation and Food Services – 930 6.6%
Other Services – 526 3.7%
Total Government – 2,422 17.2%
Federal Government – 98 0.7%
State Government – 157 1.1%
Local Government – 2,167 15.4%
Unclassified – 0 0
Total – 14,058 100.0%

N.D. – Not Disclosed
*By Business Establishment

 

Employers

Major Employers
Manufacturing
Company Product/Service Estimated Employment
Cavco Industries Manufactured housing 100-299
NewBold Corporation Credit card imprinting 50-99
Ply Gem Windows Wood window/door units 600-999
Ronile Incorporated Processed carpet yarn 100-299
Trinity Packaging Packaging 300-599
Non-Manufacturing
Company Product/Service Estimated Employment
Carilion Franklin Memorial Hospital Hospital 100-299
Ferrum College Higher education 300-599
Wal-Mart Stores, Inc. Discount supercenter 300-599

 

Taxes

Localities in Virginia collect a 1% sales tax. They do not tax other items taxed at the State level.

Counties and cities in Virginia are separate taxing entities. Therefore, a company pays taxes to either a county or to a city.

If a company is located in a town, it pays town and county taxes except for utility taxes which are paid only to the town and the license tax which is paid only to the town unless town law permits the additional collection of a county tax.

Manufacturers pay real estate, machinery and tools, truck and automobile, utility, and sales taxes.

Non-manufacturers pay real estate, tangible personal property, truck and automobile, utility, and sales taxes. They also may pay either a merchants’ capital or a license tax.

Manufacturer’s Tax Profile (Franklin) pdf
Non-Manufacturer’s Tax Profile (Franklin) pdf

 

Wages

Estimated Earnings (May 2013)
Occupation Median Wage Mean Wage Median Salary Mean Salary
Laborers and Freight, Stock, and Material Movers, Hand $11.71 $12.74 $24,360.00 $26,489.00
Industrial Truck and Tractor Operators $13.56 $14.79  $28,213.00  $30,764.00
Heavy and Tractor-Trailer Truck Drivers $16.65 $17.33  $34,630.00 $36,042.00
Welders, Cutters, Solderers, and Brazers $16.92 $17.55  $35,196.00 $36,497.00
Machinists $19.11 $20.12  $39,756.00 $41,849.00
Team Assemblers $12.41 $12.82 $25,805.00 $26,664.00
First-Line Supervisors of Production and Operating Workers $25.59 $26.75 $53,235.00 $55,639.00
Maintenance and Repair Workers, General $16.13 $16.68  $33,550.00 $34,692.00
Industrial Machinery Mechanics $19.07 $19.89  $39,663.00 $41,362.00
Bus and Truck Mechanics and Diesel Engine Specialists $19.68 $19.61  $40,931.00  $40,797.00
Office Clerks, General $12.91 $13.21  $26,851.00 $27,467.00
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive $14.59 $14.98  $30,349.00 $31,151.00
Receptionists and Information Clerks $12.13 $12.49  $25,237.00 $25,984.00
Customer Service Representatives $14.26 $15.11 $29,651.00 $31,437.00
Bookkeeping, Accounting, and Auditing Clerks $15.02 $16.25  $31,246.00 $33,804.00
First-Line Supervisors of Office and Administrative Support Workers $23.17 $24.96  $48,186.00 $51,926.00
Mechanical Engineers $34.01 $36.72  $70,737.00  $76,379.00
Software Developers, Applications $34.93 $36.59  $72,656.00  $76,108.00
Accountants and Auditors $28.60 $31.64  $59,490.00  $65,811.00
Management Analysts $28.49 $33.35  $59,260.00 $69,362.00
Per Capita Personal Income (2013)
$35,374
Median Family Income (2009-2013)
$55,970