Lynchburg, Virginia Overview Virginia's city of Lynchburg is home to several colleges and universities, including ...
Lynchburg, Virginia Overview
Virginia's city of Lynchburg is home to several colleges and universities, including Liberty University, Lynchburg College, Randolph College, and Virginia University of Lynchburg. The city itself has a population of 78,018, and its metropolitan area has a population of 257,300. Lynchburg sits just beyond Virginia's Blue Ridge Mountains, with the James River winding beside it, providing beautiful scenery and outdoor recreation options to residents. Lynchburg has a rich history, and the town's first settlement came in 1757 after the Iroquois ceded the land in 1718 to what was at the time the Colony of Virginia. The city has seven hills, with distinct neighborhoods corresponding to each.
The cost of living in Lynchburg is 8.5 percent below the national average, and their only cost of living index above the national average of 100 is utilities, which have a score of 108. The median home price is $151,200 and recent home prices have increased by 7.5 percent. As of 2012, the median rent is $679 a month. The median household income is $42,814, with an estimated per capita income of $20,406.
Lynchburg Job Opportunities
Lynchburg's two main industries are healthcare and technology. The largest employer for jobs in Lynchburg, VA, Centra Health, has nearly 6,000 employees. Genworth Financial, a Fortune 500 financial services and security company, has its headquarters in Richmond but has 1,600 jobs in Lynchburg alone. Areva, a multinational energy company, is the third largest employer for Lynchburg jobs, with an average of 2,000 employees.
Education is also a major source of employment for Lynchburg, VA jobs. Liberty University and Lynchburg College account for 4,620 and 454 jobs, respectively. The public school system employs 1,381 people. If you're interested in teaching for a smaller school system, look at Madison Heights jobs for a small town experience.
Retail establishments like J.Crew, Wal-Mart, and Kroger employ a significant amount of Lynchburg's workforce, including sales, management, distribution and more. Look at the diverse range of retail jobs in Lynchburg to find one that's right for you.
Lynchburg Employment Trends
Lynchburg is number 95 on Forbes' list of Best Small Places for Business and Careers, and number 50 in Cost of Doing Business. The unemployment rate in Lynchburg is 5.9 percent, which matches the US Bureau of Labor Statistics' recent national figure. Growth for Lynchburg jobs in 2013 was 0.3 percent, coming back from a few years of slight decline. Annual job growth projection is even higher, coming in at 1.2 percent.