Welcome to the
DC. METRO REGION
Who We Are
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At the heart of the United States capital, the Washington D.C. Metro region is more than just home to the federal government. This region includes parts of Maryland and Virginia, and is prized for its highly educated workforce, entrepreneurial spirit, and driven business and technology communities.
Tech, Talent and Transportation
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The D.C. Metro Region has the highest share of residents with college degrees of any metropolitan area in the United States. This talent base supports high-level federal and private sector jobs that require a highly trained workforce. Often referred to as "The Silicon Valley of the East", the Washington D.C. area is the nexus of government, business, and technology. Served by three major international airports, the region offers local businesses a gateway to the world market
6.1 MILLION
residents
$93,000
median income
$400,000
median property value
63%
homeownership rate
40% OF US POPULATION
within 1-day drive
LEADING SEAPORT
for international trade on East Coast
Diverse Climate and Geography
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Experence the four seasons of the D.C. Metro region. Enjoy beach fun and sunn in the summer and hit the slopes during the winter; all within a short drive from the nation's capital. Take a fall foliage tour along the Blue Ridge Parkway, and celebrate spring among the cherry trees surrounding the tidal basin.
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Diverse geographical features stretching from the Chesapeake Bay to the Appalachian Mountains offer beautiful views and recreation opportunities, and support a flourishing tourism industry.
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Entertainment and Tourism
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An American history hotbed, the region has a decorated past going back to English colonization in the 1600's and even further with rich Native American culture. From Jamestown, Virginia, to the White House, the area attracts millions of visitors paying homage to its historical sites. Tourism in the capital attracted 22 million visitors from outside the city in 2016, and last year the Smithsonian Institute reported 30 million visits to its museums and sites in D.C. A record 45 million people visited Virginia in 2016, and Maryland welcomed over 42 million.
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The D.C. metro region has a thriving and diverse entertainment industry. It is home to many performing arts venues, and has the second highest number of breweries anywhere on the East Coast. The MGM resort at the the National Harbor opened in 2016 and has already generated over $600 million in revenue for the state of Maryland. The newest Major League Soccer stadium, Audi Field, with a 20,000-seat capacity, is opening in 2018 for the local D.C. United club, adding to the area's prestigious portfolio of lucrative sports franchises.
OUR CULTURE
OUR WORKFORCE
COMMERCIAL VIABILITY
The D.C. Region is the
5TH LARGEST ECONOMY
in the United States
Contributing
$449 BILLION
in GDP in 2016
COMMERCIAL VIABILITY
At least
48.6%
of the population has a bachelor's degree or higher
OVER 60
colleges and universities serve
this region
OFFICE SPACE
2ND LARGEST
suburban office market in United States
15th most active in United States office construction
EMPLOYMENT
Unemployment rate:
3.6%
.5% lower than national rate
OUR COMMERCE
TRANSPORTATION
3
major international airports located in the region
2
of the largest rail companies operate in Virginia
3RD
largest transportation network in the US
The D.C. Metro was ranked as the #1 public transit system in the U.S. based on commute times, number of people riding and percentage of the population riding. The Metro continues to expand, with its next phase (45 miles west of D.C.) slated for completion in 2020.
INDUSTRY
22
Fortune 500 companies based in the D.C. region
64%
of U.S. aerospace industry centered in Virginia
70%
of worldwide internet traffic runs through Northern Virginia data centers
6%
VA corporate tax rate. Unchanged since 1972.
400+
foreign owned firms in the region