page_title: Lynchburg, Virginia
section_title: Economy
hierarchical_section_title: Lynchburg, Virginia / Economy
caption_attribution_description: English: I took photo with Canon camera in Lynchburg, VA.
context_page_description: Lynchburg is an independent city in the Commonwealth of Virginia in the United States. As of the 2010 census, the population was 75,568, estimated to have risen to 82,168 as of 2019. Located in the foothills of the Blue Ridge Mountains along the banks of the James River, Lynchburg is known as the "City of Seven Hills" or the "Hill City". In the 1860s, Lynchburg was the only major city in Virginia that was not recaptured by the Union before the end of the American Civil War.
  Lynchburg lies at the center of a wider metropolitan area close to the geographic center of Virginia. It is the fifth-largest MSA in Virginia, with a population of 260,320. It is the site of several institutions of higher education, including Virginia University of Lynchburg, Randolph College, University of Lynchburg, Central Virginia Community College and Liberty University. Nearby cities include Roanoke, Charlottesville, and Danville.
context_section_description: Lynchburg offers a skilled labor force, low unemployment rate, and below average cost of living. Of Virginia's larger metro areas, Forbes Magazine ranked Lynchburg the 5th best place in Virginia for business in 2006, with Virginia being the best state in the country for business. Only 6 places in Virginia were surveyed and most of Virginia's cities were grouped together by Forbes as "Northern Virginia". Lynchburg achieved the rank of 109th in the whole nation in the same survey.
  Industries within the Lynchburg MSA include nuclear technology, pharmaceuticals and material handling. A diversity of small businesses with the region has helped maintain a stable economy and minimized the downturns of the national economy. Reaching as high as 1st place (tied) in 2007, Lynchburg has been within the Top 10 Digital Cities survey for its population since the survey's inception in 2004.
caption: Bank of the James in Lynchburg
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