Goochland County, Virginia: commercial real estate data.
Goochland County, Virginia has a population of 26,410 across 281 square miles, up 14.1 percent since the 2020 census base. County output reached $4.00 bn in 2024, 756 establishments operate here, and the SBA record carries 14 7(a) approvals worth $7.1 m.
119 sourced county values · tier FULL · 11 sections
Goochland County
How many people live in Goochland County
- Population26,410
- Households10,342
- Average household size2.55
- Median household income$118,931
- Median age50.5
- Median gross rent$1,614 per month
- Median owner-occupied home value$500,600
- Home value to household income4.2 times
- Annual rent as a share of median income16.3 percent
- Adults 25 and over with a bachelor degree or higher45.8 percent
- Adults 25 and over with a graduate degree19.8 percent
- Adults 25 and over20,271
- Population under 184,272
- Share under 1816.2 percent
- Population 65 and over6,635
- Share 65 and over25.1 percent
- Working age population, 18 to 6415,503
- Civilian labor force12,863
- Unemployment rate1.7 percent
- Labor force participation, adults 18 and over58.1 percent
- Rank by population among Virginia counties67th of 133
- Rank by population among US county-equivalents1600th
Goochland County is the 67th largest of 133 Virginia counties by population. A median home costs 4.2 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 25.1 percent against 16.2 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.
Goochland County
Is Goochland County growing
- Population change since the 2020 census base14.05 percent
- Census 2020 base population24,746
- Births, 2024200
- Deaths, 2024263
- Natural change, 2024-63
- Net domestic migration, 20241,047
- Net international migration, 20246
- Total net migration, 20241,053
- Cumulative net domestic migration, 2021 to 20243,567
- Rank by growth among US county-equivalents77th
The county has grown 14.05 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.
Goochland County
Where people moving to Goochland County come from
- Tax returns filed by households arriving1,285
- People arriving, from those returns2,314
- Adjusted gross income arriving$209.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$163,296
- Largest single originGoochland County Non-migrants (9,892 households)
- Largest single destination (9,892 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Goochland County Non-migrants | 9,892 | 20,147 | $2.00 bn |
| Henrico County | 381 | 745 | $96.7 m |
| Other flows - Different State | 289 | 485 | $39.9 m |
| Other flows - Same State | 210 | 358 | $23.1 m |
| Other flows - South | 121 | 218 | $16.6 m |
| Chesterfield County | 117 | 201 | $14.6 m |
| Richmond city | 103 | 170 | $16.0 m |
| Other flows - Northeast | 91 | 147 | $13.1 m |
The largest single source of arrivals is Goochland 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.
Goochland County
What the Goochland County economy runs on
- County GDP, 2024$4.00 bn
- County GDP, 2023$3.91 bn
- GDP change, 2023 to 20242.5 percent
- GDP change over five years27.7 percent
- Rank by GDP among Virginia counties33rd
- Rank by GDP among US county-equivalents808th
- GDP per resident$151,518
Output grew 2.5 percent in the latest year and 27.7 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.
Goochland County
Who employs people in Goochland County
- Covered employment, annual average18,663
- Establishments reporting1,065
- Average annual pay$118,433
- Average weekly wage$2,278
- Sector 55, employment1,951
- Sector 55, average annual pay$145,426
- Sector 23, employment1,181
- Sector 23, average annual pay$78,985
- Sector 44-45, employment1,145
- Sector 44-45, average annual pay$49,481
- Sector 62, employment920
- Sector 62, average annual pay$56,563
- Sector 71, employment673
- Sector 72, employment628
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 55 | 1,951 | 11 | $145,426 |
| Sector 23 | 1,181 | 128 | $78,985 |
| Sector 44-45 | 1,145 | 68 | $49,481 |
| Sector 62 | 920 | 109 | $56,563 |
| Sector 71 | 673 | 22 | $32,943 |
| Sector 72 | 628 | 37 | $30,486 |
| Sector 56 | 583 | 93 | $53,415 |
| Sector 42 | 389 | 45 | $82,944 |
The largest sector is the biggest private employer group at 1,951 jobs, 10.5 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.
Goochland County
What businesses operate in Goochland County
- Establishments, all industries756
- Employment at those establishments24,730
- Annual payroll$3.47 bn
- Establishments per 1,000 residents28.6
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.
Goochland County
What is being built in Goochland County
- Housing units authorised by permit, 2024322
- Declared construction value permitted$105.3 m
- Single family units authorised322
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$327,151
- Units authorised per 1,000 households31.1
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Goochland County
How much SBA lending happens in Goochland County
- 7(a) approvals recorded14
- 7(a) gross approval dollars$7.1 m
- Average 7(a) approval$508,214
- Median 7(a) approval$250,000
- 10th percentile approval$25,000
- 90th percentile approval$890,000
- Largest single approval$3,500,000
- Jobs reported supported, 7(a)98
- Jobs per approval7.0
- Distinct 7(a) lenders active12
- Distinct industries receiving approvals14
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer14.3 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter12
- Franchise loans2
- Franchise share of approvals14.3 percent
- Leading industry by approval countVeterinary Services (1)
- Most active lenderReadycap Lending, LLC (2)
- 504 approvals recorded8
- 504 gross approval dollars$3.8 m
- Average 504 approval$472,625
- Median 504 approval$496,000
- Distinct CDCs active3
- 504 jobs per approval3.8
- 504 jobs per million dollars approved7.9
- Most active CDCRappahannock Economic Development Corporation (3)
- 7(a) share of SBA approvals63.6 percent
- Combined SBA approval dollars$10.9 m
The average approval of $508,214 sits well above the median of $250,000, 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 14.3 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.
Goochland County
Do SBA loans in Goochland County get paid back
- Loans with a final outcome recorded3
- Paid in full3
- Charged off0
- Status: Exempt from disclosure11
- Status: Paid in full3
Too few loans have reached a final outcome to publish a charge off rate. only 3 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.
Goochland County
Which parts of Goochland County get the lending
- Places in the county with recorded lending8
- ROCKVILLE, approvals3
- RICHMOND, approvals3
- GOOCHLAND, approvals2
- Maidens, approvals2
- MINERAL, approvals1
- Sandy Hook, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| ROCKVILLE | 3 | $1,390,000 |
| RICHMOND | 3 | $769,000 |
| GOOCHLAND | 2 | $500,000 |
| Maidens | 2 | $650,000 |
| MINERAL | 1 | $3,500,000 |
| Sandy Hook | 1 | $37,000 |
| MANAKIN SABOT | 1 | $25,000 |
| Crozier | 1 | $244,000 |
ROCKVILLE accounts for 3 approvals against 3 in RICHMOND. 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.
Goochland County
How big is Goochland County
- Land area281 sq mi
- Rank by land area among Virginia counties71st of 133
- Width, east to west29 mi
- Height, north to south23.6 mi
- Geographies sharing a boundary6
- Residents per square mile of land94
- Establishments per square mile2.69
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 Goochland 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 Goochland County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population26,410
- Households10,342
- Average household size2.55
- Median household income$118,931
- Median age50.5
Common questions
Goochland County questions, answered from the record.
How many people live in Goochland County, Virginia?
26,410, in 10,342 households, ranking 67th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Goochland County growing?
The population has grown 14.05 percent since the 2020 census base. In 2024 there were 200 births against 263 deaths, with net migration of 1,053. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Goochland County?
$118,931. The median owner-occupied home is valued at $500,600, which is 4.2 times income, and median gross rent is $1,614 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Goochland County?
756 establishments, employing 24,730 people with an annual payroll of $3.47 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Goochland County?
Average annual pay is $118,433, or $2,278 a week, across 18,663 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Goochland County?
14 7(a) approvals totalling $7.1 m since FY2020, across 12 lenders, with a median approval of $250,000, plus 8 504 approvals worth $3.8 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Goochland County?
322 housing units were authorised by permit in 2024, with a declared construction value of $105.3 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Goochland 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 Goochland County come from?
The largest single origin is Goochland County Non-migrants, with 9,892 households. Arriving households report an average income of $163,296 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 Goochland 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 Goochland 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.