Winchester, VA Overview Home to just under 27,000 residents, Winchester is a historically rich city that was home to ...
Winchester, VA Overview
Home to just under 27,000 residents, Winchester is a historically rich city that was home to many battles during the Civil War. Today, it is famous for its Apple Blossom Festival, which is held every year and includes Civil War reenactments, dances, a carnival, and the crowning of the Apple Blossom Queen.
The cost of living in Winchester is 1.2 percent higher than the Virginia average and ten percent higher than the national average. The disparity is the result of higher costs of healthcare, utilities, and good and services, while housing costs remain 23 percent higher than the national average.
The median home price for the city is $163,400, and rental prices average $880 per month.
Winchester, VA Job Opportunities
The main industries in Winchester include manufacturing, food processing, healthcare, and education. The city has four huge food companies in the area including Kraft, H.P. Hood, Miller Milling, and New World Pasta, which translates to many jobs for assembly line workers, forklift drivers, and factory supervisors.
Home Depot, Ford Motor Company, Family Dollar, Rubbermaid, and Kohl's Department Stores also have huge distribution centers providing employment for warehouse workers, transportation managers, Class A CDL drivers, and logistics specialists.
Winchester, VA Employment Trends
Projected job growth in Winchester is 2.5 percent while the unemployment rate is 4.9 percent, which is lower than the national and state averages. The median household income is $50,837, although household income growth is falling slightly at -0.3 percent. Nevertheless, Forbes ranks Winchester high among small places in the country. Winchester is 18th for the best small places for career and business. It also ranks 23rd in the cost of doing business, and 19th in the best small places for job growth. The high-tech industry is growing at a rate of 1.8 percent, which is relatively high for a city of its size.