Alleghany County, Virginia: commercial real estate data.
Alleghany County, Virginia has a population of 14,859 across 445 square miles, down 3.9 percent since the 2020 census base. 241 establishments operate here, and the SBA record carries 3 7(a) approvals worth $5.1 m.
95 sourced county values · tier FULL · 9 sections
Alleghany County
How many people live in Alleghany County
- Population14,859
- Households6,383
- Average household size2.33
- Median household income$56,188
- Median age48.3
- Median gross rent$765 per month
- Median owner-occupied home value$125,800
- Home value to household income2.2 times
- Annual rent as a share of median income16.3 percent
- Adults 25 and over with a bachelor degree or higher14.7 percent
- Adults 25 and over with a graduate degree6.3 percent
- Adults 25 and over11,059
- Population under 182,743
- Share under 1818.5 percent
- Population 65 and over3,905
- Share 65 and over26.3 percent
- Working age population, 18 to 648,211
- Civilian labor force6,060
- Unemployment rate2.3 percent
- Labor force participation, adults 18 and over50.0 percent
- Rank by population among Virginia counties99th of 133
- Rank by population among US county-equivalents2170th
Alleghany County is the 99th largest of 133 Virginia counties by population. A median home costs 2.2 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 26.3 percent against 18.5 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Alleghany County
Is Alleghany County growing
- Population change since the 2020 census base-3.88 percent
- Census 2020 base population15,222
- Births, 202474
- Deaths, 2024217
- Natural change, 2024-143
- Net domestic migration, 202472
- Net international migration, 20245
- Total net migration, 202477
- Cumulative net domestic migration, 2021 to 2024130
- Rank by growth among US county-equivalents2887th
The county has lost 3.88 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Alleghany County
Where people moving to Alleghany County come from
- Tax returns filed by households arriving331
- People arriving, from those returns637
- Adjusted gross income arriving$15.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$47,804
- Largest single originAlleghany County Non-migrants (5,642 households)
- Largest single destination (5,642 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Alleghany County Non-migrants | 5,642 | 11,041 | $338.8 m |
| Other flows - Same State | 143 | 263 | $7.6 m |
| Covington city | 110 | 231 | $4.4 m |
| Other flows - Different State | 78 | 143 | $3.8 m |
| Other flows - South | 78 | 143 | $3.8 m |
The largest single source of arrivals is Alleghany County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Alleghany County
Who employs people in Alleghany County
- Covered employment, annual average3,293
- Establishments reporting490
- Average annual pay$45,643
- Average weekly wage$878
- Sector 62, employment841
- Sector 62, average annual pay$48,458
- Sector 31-33, employment353
- Sector 31-33, average annual pay$63,623
- Sector 44-45, employment261
- Sector 44-45, average annual pay$31,688
- Sector 81, employment124
- Sector 81, average annual pay$36,048
- Sector 48-49, employment106
- Sector 54, employment76
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 841 | 153 | $48,458 |
| Sector 31-33 | 353 | 17 | $63,623 |
| Sector 44-45 | 261 | 48 | $31,688 |
| Sector 81 | 124 | 30 | $36,048 |
| Sector 48-49 | 106 | 10 | $58,799 |
| Sector 54 | 76 | 48 | $64,382 |
| Sector 61 | 74 | 6 | $35,729 |
The largest sector is the biggest private employer group at 841 jobs, 25.5 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Alleghany County
What businesses operate in Alleghany County
- Establishments, all industries241
- Employment at those establishments2,492
- Annual payroll$112.4 m
- Establishments per 1,000 residents16.2
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Alleghany County
What is being built in Alleghany County
- Housing units authorised by permit, 202413
- Declared construction value permitted$3.0 m
- Single family units authorised13
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$230,471
- Units authorised per 1,000 households2.0
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Alleghany County
How much SBA lending happens in Alleghany County
- 7(a) approvals recorded3
- 7(a) gross approval dollars$5.1 m
- Average 7(a) approval$1,698,333
- Median 7(a) approval$2,071,000
- 10th percentile approval$495,000
- 90th percentile approval$2,529,000
- Largest single approval$2,529,000
- Jobs reported supported, 7(a)32
- Jobs per approval10.7
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals3
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer100.0 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter0
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countTire and Tube Merchant Wholesalers (1)
- Most active lenderPinnacle Bank (2)
The average approval of $1,698,333 sits close to the median of $2,071,000, so lending here is fairly evenly sized rather than driven by a few large deals. 100.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Alleghany County
Do SBA loans in Alleghany County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Cancelled1
- Status: Exempt from disclosure2
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Alleghany County
How big is Alleghany County
- Land area445 sq mi
- Rank by land area among Virginia counties37th of 133
- Width, east to west35.3 mi
- Height, north to south24.7 mi
- Geographies sharing a boundary5
- Residents per square mile of land33
- Establishments per square mile0.54
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Alleghany County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Alleghany County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population14,859
- Households6,383
- Average household size2.33
- Median household income$56,188
- Median age48.3
Common questions
Alleghany County questions, answered from the record.
How many people live in Alleghany County, Virginia?
14,859, in 6,383 households, ranking 99th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Alleghany County growing?
The population has fallen 3.88 percent since the 2020 census base. In 2024 there were 74 births against 217 deaths, with net migration of 77. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Alleghany County?
$56,188. The median owner-occupied home is valued at $125,800, which is 2.2 times income, and median gross rent is $765 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Alleghany County?
241 establishments, employing 2,492 people with an annual payroll of $112.4 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Alleghany County?
Average annual pay is $45,643, or $878 a week, across 3,293 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Alleghany County?
3 7(a) approvals totalling $5.1 m since FY2020, across 2 lenders, with a median approval of $2,071,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Alleghany County?
13 housing units were authorised by permit in 2024, with a declared construction value of $3.0 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Alleghany County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Alleghany County come from?
The largest single origin is Alleghany County Non-migrants, with 5,642 households. Arriving households report an average income of $47,804 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Alleghany County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Alleghany County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.