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Cost of Doing Business in Greater Williamsburg

The Commonwealth of Virginia consistently ranks among the top states in the nation for doing business. The state’s robust economy, talented workforce and affordable cost of doing business combine to make Virginia an advantageous place to do business. The Greater Williamsburg region incorporates all these advantages and more, including:

  • - Low state and local tax rates
  • - Business-friendly incentive programs
  • - Employment-at-will state
  • - Low workers’ compensation insurance and unemployment insurance rates
  • - Cost of labor 5-10% below the national average
  • - Healthcare costs 3-4% below the national average