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Economic Profile |
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Pittsylvania County has the infrastructure, resources and people in place to help you increase the size and profitability of your business.
Located in the South-Central Piedmont region of Virginia with excellent access to highway and rail transportation centers, Pittsylvania Country is well-positioned to serve the needs of manufacturing and other industry – just a day’s shipping distance from two-thirds of the U.S. population.
And speaking of people, our workforce is energetic, well-trained and plentiful. (Click here for Workforce Data.) Take a closer look at our vital signs:
Transportation & Highways
U.S. #29 (north-south)
U.S. #58 (east-west)
U.S. #360 (northeast-southwest)
Easy access to Interstate 40, 85, 95 and 64
I-785 will soon connect the county to 1-85 at its technology hub
Motor Carriers
25 trucking firms serve the area
Commercial Air Service
Lynchburg Regional Airport (Lynchburg, VA)…………………...40 miles
Piedmont Triad International Airport (Greensboro, NC)………50 miles
Danville Regional Airport (General Aviation)
Commercial Rail Service
Amtrak Freight
Rail Service
Norfolk Southern Corporation
Ports
Richmond: 140 miles
Norfolk: 190 miles
Overnight Package Delivery
FedEx, UPS, DHL, and USPS Mail Express
Taxes
• Virginia’s tax rates are historically low. Localities collect a 1% sales tax. They do not tax other items taxed at the State level.
• Counties and cities in Virginia are separate tax-paying entities. Your company would, therefore, pay taxes to either a county or to a city.
• If a company is located in a town, it pays town and county taxes, except for utility taxes which are paid only to the town and the license tax which is paid only to the town unless town law permits the additional collection of a county tax.
• Manufacturers pay real estate, machinery and tools, truck and automobile, utility and sales taxes (click here for our Financial Incentives).
• Non-manufacturers pay real estate, tangible property, truck and automobile, utility, merchant’s capital and sales taxes.
Local Tax Rates as of July 1, 2009
Real Estate
Nominal Tax Rate/100 $0.52
Machinery & Tools:Orignal Cost
Value for Tax Purposes $4.50
Assessment Ratio 10%
Effective Tax rate/100 $0.45
Automobiles and Trucks
Nominal Tax rate/100 $8.50
Computed at 85% of retail value
Assessment Ratio 30%
Effective Tax Rate/100 $2.75
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Business Information 
