Clarke County, Virginia: commercial real estate data.
Clarke County, Virginia has a population of 15,216 across 176 square miles, up 5.5 percent since the 2020 census base. County output reached $611.6 m in 2024, 377 establishments operate here, and the SBA record carries 9 7(a) approvals worth $6.4 m.
116 sourced county values · tier FULL · 11 sections
Clarke County
How many people live in Clarke County
- Population15,216
- Households5,890
- Average household size2.58
- Median household income$117,111
- Median age48.4
- Median gross rent$1,371 per month
- Median owner-occupied home value$550,100
- Home value to household income4.7 times
- Annual rent as a share of median income14.0 percent
- Adults 25 and over with a bachelor degree or higher39.8 percent
- Adults 25 and over with a graduate degree15.3 percent
- Adults 25 and over11,200
- Population under 182,982
- Share under 1819.6 percent
- Population 65 and over3,503
- Share 65 and over23.0 percent
- Working age population, 18 to 648,731
- Civilian labor force7,528
- Unemployment rate2.7 percent
- Labor force participation, adults 18 and over61.5 percent
- Rank by population among Virginia counties98th of 133
- Rank by population among US county-equivalents2149th
Clarke County is the 98th largest of 133 Virginia counties by population. A median home costs 4.7 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 23.0 percent against 19.6 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.
Clarke County
Is Clarke County growing
- Population change since the 2020 census base5.48 percent
- Census 2020 base population14,788
- Births, 2024139
- Deaths, 2024195
- Natural change, 2024-56
- Net domestic migration, 2024243
- Net international migration, 202410
- Total net migration, 2024253
- Cumulative net domestic migration, 2021 to 2024975
- Rank by growth among US county-equivalents475th
The county has grown 5.48 percent 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.
Clarke County
Where people moving to Clarke County come from
- Tax returns filed by households arriving668
- People arriving, from those returns1,224
- Adjusted gross income arriving$79.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$119,636
- Largest single originClarke County Non-migrants (5,804 households)
- Largest single destination (5,804 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Clarke County Non-migrants | 5,804 | 11,629 | $663.8 m |
| Loudoun County | 224 | 432 | $21.3 m |
| Other flows - Different State | 187 | 317 | $38.0 m |
| Other flows - South | 135 | 233 | $30.2 m |
| Frederick County | 84 | 170 | $5.9 m |
| Other flows - Same State | 84 | 138 | $6.4 m |
| Fairfax County | 55 | 102 | $6.1 m |
| Winchester city | 34 | 65 | $2.3 m |
The largest single source of arrivals is Clarke 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.
Clarke County
What the Clarke County economy runs on
- County GDP, 2024$611.6 m
- County GDP, 2023$583.1 m
- GDP change, 2023 to 20244.9 percent
- GDP change over five years32.3 percent
- Rank by GDP among Virginia counties81st
- Rank by GDP among US county-equivalents2259th
- GDP per resident$40,193
Output grew 4.9 percent in the latest year and 32.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Clarke County
Who employs people in Clarke County
- Covered employment, annual average3,883
- Establishments reporting492
- Average annual pay$55,137
- Average weekly wage$1,060
- Sector 31-33, employment593
- Sector 31-33, average annual pay$54,854
- Sector 23, employment356
- Sector 23, average annual pay$65,616
- Sector 44-45, employment324
- Sector 44-45, average annual pay$31,223
- Sector 62, employment323
- Sector 62, average annual pay$43,584
- Sector 61, employment276
- Sector 54, employment270
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 593 | 18 | $54,854 |
| Sector 23 | 356 | 67 | $65,616 |
| Sector 44-45 | 324 | 37 | $31,223 |
| Sector 62 | 323 | 48 | $43,584 |
| Sector 61 | 276 | 7 | $53,901 |
| Sector 54 | 270 | 82 | $112,431 |
| Sector 72 | 255 | 23 | $24,721 |
| Sector 81 | 128 | 47 | $58,978 |
The largest sector is the biggest private employer group at 593 jobs, 15.3 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.
Clarke County
What businesses operate in Clarke County
- Establishments, all industries377
- Employment at those establishments3,106
- Annual payroll$143.1 m
- Establishments per 1,000 residents24.8
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.
Clarke County
What is being built in Clarke County
- Housing units authorised by permit, 202415
- Declared construction value permitted$5.8 m
- Single family units authorised15
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$389,093
- Units authorised per 1,000 households2.5
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Clarke County
How much SBA lending happens in Clarke County
- 7(a) approvals recorded9
- 7(a) gross approval dollars$6.4 m
- Average 7(a) approval$707,000
- Median 7(a) approval$500,000
- 10th percentile approval$70,000
- 90th percentile approval$2,823,500
- Largest single approval$2,823,500
- Jobs reported supported, 7(a)70
- Jobs per approval7.8
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals6
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer22.2 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter7
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countSite Preparation Contractors (3)
- Most active lenderBank of Clarke (6)
- 504 approvals recorded5
- 504 gross approval dollars$3.2 m
- Average 504 approval$645,400
- Median 504 approval$298,000
- Distinct CDCs active3
- 504 jobs per approval22.4
- 504 jobs per million dollars approved34.7
- Most active CDCBusiness Finance Group, Inc. (3)
- 7(a) share of SBA approvals64.3 percent
- Combined SBA approval dollars$9.6 m
The average approval of $707,000 sits well above the median of $500,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 22.2 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Clarke County
Do SBA loans in Clarke County get paid back
- Loans with a final outcome recorded2
- Paid in full1
- Charged off1
- Status: Paid in full1
- Status: Exempt from disclosure7
- Status: Charged off1
Too few loans have reached a final outcome to publish a charge off rate. only 2 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.
Clarke County
Which parts of Clarke County get the lending
- Places in the county with recorded lending2
- BERRYVILLE, approvals7
- FRONT ROYAL, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| BERRYVILLE | 7 | $5,603,500 |
| FRONT ROYAL | 2 | $759,500 |
BERRYVILLE accounts for 7 approvals against 2 in FRONT ROYAL. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Clarke County
How big is Clarke County
- Land area176 sq mi
- Rank by land area among Virginia counties91st of 133
- Width, east to west17.4 mi
- Height, north to south19.7 mi
- Geographies sharing a boundary4
- Residents per square mile of land86
- Establishments per square mile2.14
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 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 Clarke 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 Clarke County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population15,216
- Households5,890
- Average household size2.58
- Median household income$117,111
- Median age48.4
Common questions
Clarke County questions, answered from the record.
How many people live in Clarke County, Virginia?
15,216, in 5,890 households, ranking 98th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Clarke County growing?
The population has grown 5.48 percent since the 2020 census base. In 2024 there were 139 births against 195 deaths, with net migration of 253. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Clarke County?
$117,111. The median owner-occupied home is valued at $550,100, which is 4.7 times income, and median gross rent is $1,371 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Clarke County?
377 establishments, employing 3,106 people with an annual payroll of $143.1 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 Clarke County?
Average annual pay is $55,137, or $1,060 a week, across 3,883 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Clarke County?
9 7(a) approvals totalling $6.4 m since FY2020, across 4 lenders, with a median approval of $500,000, plus 5 504 approvals worth $3.2 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Clarke County?
15 housing units were authorised by permit in 2024, with a declared construction value of $5.8 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Clarke 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 Clarke County come from?
The largest single origin is Clarke County Non-migrants, with 5,804 households. Arriving households report an average income of $119,636 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 Clarke 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 Clarke 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.