Tourism & Economy

Fredericksburg Region Tourism & Economy Information & Statistics

About Tourism & Economy

The Fredericksburg, Virginia region boasts a thriving tourism industry that not only preserves its historical significance but also significantly contributes to the local economy. According to a recent report from the National Park Service (NPS), the impact of tourism in the area is substantial.

In 2022, Fredericksburg and Spotsylvania National Military Park welcomed 756,000 visitors, who collectively spent $49.9 million in communities surrounding the park. This spending had a ripple effect, supporting 617 jobs within the local area and generating a cumulative economic benefit of $72.1 million for the region.

The National Park Service plays a pivotal role in this tourism-driven economic ecosystem. By telling compelling stories in the very places where historical events occurred, the NPS attracts visitors from all over the world. This unique blend of history and location creates a special draw for tourists and benefits the local economy in significant ways.

The importance of tourism in national parks extends beyond Fredericksburg. Nationwide, the NPS visitor spending analysis reveals that nearly 312 million park visitors spent a total of $23.9 billion in communities within 60 miles of a national park in 2022. This spending had far-reaching effects, supporting 378,400 jobs across the country, with 314,600 of these jobs found in gateway communities near the parks. The cumulative economic benefit to the entire U.S. economy amounted to an impressive $50.3 billion.

When examining the specific sectors that benefit from visitor spending, the lodging industry emerges as a significant contributor, with $9 billion in economic output nationally. Following closely behind is the restaurant sector, which generated $4.6 billion in economic output nationally.

Overall, the Fredericksburg, Virginia region’s tourism industry is not only a source of cultural enrichment and historical exploration for visitors but also a critical driver of economic growth, providing jobs, revenue, and vitality to the local communities. The intersection of history, culture, and place continues to make this region a destination of choice for travelers and a valuable asset to the local economy.

The tourism and economy in the Fredericksburg, Virginia region, encompassing Fredericksburg City, Stafford County, King George County, Caroline County, and Spotsylvania County, are closely interlinked, creating a dynamic and thriving area. Here’s an overview of tourism and the economy in this region:

Tourism in the Fredericksburg, Virginia Region:

  1. Historical Significance: The region is a historical treasure trove, with each locality bearing its own unique historical significance. Visitors are drawn to the Civil War battlefields, historic homes, and museums that showcase the area’s rich past.
  2. George Washington’s Influence: Fredericksburg’s close association with George Washington, including his childhood home at Ferry Farm, attracts history enthusiasts eager to explore the roots of the nation’s first president.
  3. Cultural Heritage: The region celebrates its cultural heritage through reenactments, events, and festivals. These activities offer tourists an immersive experience in the history and traditions of the area.
  4. Outdoor Recreation: The Rappahannock River and numerous parks provide abundant opportunities for outdoor activities such as boating, fishing, hiking, and picnicking. The natural beauty of the region is a magnet for nature lovers.
  5. Local Cuisine and Wineries: The region’s culinary scene, including locally-owned restaurants and wineries, provides a taste of the area’s flavors. Food and wine enthusiasts often explore the local dining and tasting experiences.
  6. Arts and Culture: The region’s art galleries, theaters, and cultural events cater to art aficionados and those seeking creative expression.

Economy in the Fredericksburg, Virginia Region:

  1. Government and Military: The presence of military installations, including Marine Corps Base Quantico and Dahlgren Surface Naval Warfare Center, significantly contributes to the local economy. These installations provide jobs and stimulate economic activity.
  2. Small Businesses: The region boasts a robust small business community. Local shops, boutiques, and restaurants are integral to the local economy.
  3. Education: The University of Mary Washington in Fredericksburg is a key economic driver, attracting students, faculty, and staff. The education sector plays a vital role in the local economy.
  4. Retail and Commerce: The region’s retail sector is bolstered by shopping centers and malls, attracting shoppers from both within and outside the region. Retail spending is a significant economic driver.
  5. Tourism-Related Services: The tourism industry supports a range of services, including hospitality, tour guides, transportation, and event planning. These businesses thrive on the influx of tourists.
  6. Real Estate and Housing: The real estate market, driven by the area’s desirability, contributes substantially to the local economy. Residential and commercial development supports growth.

 

Tourism & Economy

  • The Fredericksburg and Spotsylvania National Military Park welcomed 756,000 visitors in 2022.
  • Visitors to the Fredericksburg and Spotsylvania National Military Park collectively spent $49.9 million, supporting 617 jobs, and generating a cumulative economic benefit of $72.1 million for the region. 

INDUSTRY EXPERTS

EXPLORE RECENT NEWS & INSIGHTS

News
Market Updates

New Listings

Sales