Goochland County, Virginia

• Income premium: Households earn well above the national median, supporting strong retail and housing markets.
• Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 10.1 pts, supports knowledge-economy and tech attraction.
• Aging population: Median age of 50 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

• Largest sector: Management of Companies and Enterprises employs 2,008 workers (23.9% of tracked sectors), at an average wage of $171,033.
• Economic scale: Regional GDP of $4B (2024).
• Wage stratification: Management of Companies and Enterprises averages $171,033 while Accommodation and Food Services averages $30,908, a 5.5x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Management of Companies and Enterprises concentrates at 6.35x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 5 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
• Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.

• In line with national: Home value to income ratio of 4.2x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• High home ownership: 84.9% owner-occupied; rental supply may be tight for incoming workers.
• Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,973/mo), a clear cost-of-living advantage for workforce attraction.

• Succession risk is real: 29.5% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Low participation: 58.3% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
• Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 45,868 annual credentials.

Goochland County shows strong potential for management of companies and enterprises attraction, with a 6.35x concentration and 2,008 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 29.5% of the working-age population within 10 years of retirement age.

The interconnected base across management of companies and enterprises, amusement, gambling, and recreation industries, and heavy and civil engineering construction creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.