Economic Profile
Governor: Ralph Northam, Democrat
Population: 8,517,685
GDP growth (Q4 2018): 1.5%
Unemployment rate (May 2019): 3%
Top corporate tax rate: 6%
Top individual income tax rate: 5.75%
Gasoline tax: 20.66 cents/gallon
Bond rating (Moody's/S&P): Aaa, stable/AAA, stable
Major private employers: Wal-Mart, Huntington Ingalls Industries, Altria Group
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence