Greene County, Virginia: commercial real estate data.
Greene County, Virginia has a population of 21,155 across 156 square miles, up 5.8 percent since the 2020 census base. County output reached $681.0 m in 2024, 384 establishments operate here, and the SBA record carries 7 7(a) approvals worth $4.1 m.
116 sourced county values · tier FULL · 11 sections
Greene County
How many people live in Greene County
- Population21,155
- Households8,032
- Average household size2.63
- Median household income$89,808
- Median age40.3
- Median gross rent$1,309 per month
- Median owner-occupied home value$343,300
- Home value to household income3.8 times
- Annual rent as a share of median income17.5 percent
- Adults 25 and over with a bachelor degree or higher31.5 percent
- Adults 25 and over with a graduate degree11.8 percent
- Adults 25 and over14,928
- Population under 184,850
- Share under 1822.9 percent
- Population 65 and over4,127
- Share 65 and over19.5 percent
- Working age population, 18 to 6412,178
- Civilian labor force11,246
- Unemployment rate1.8 percent
- Labor force participation, adults 18 and over69.0 percent
- Rank by population among Virginia counties80th of 133
- Rank by population among US county-equivalents1811th
Greene County is the 80th largest of 133 Virginia counties by population. A median home costs 3.8 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.9 percent against 19.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Greene County
Is Greene County growing
- Population change since the 2020 census base5.79 percent
- Census 2020 base population20,554
- Births, 2024225
- Deaths, 2024198
- Natural change, 202427
- Net domestic migration, 2024234
- Net international migration, 202484
- Total net migration, 2024318
- Cumulative net domestic migration, 2021 to 2024883
- Rank by growth among US county-equivalents438th
The county has grown 5.79 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Greene County
Where people moving to Greene County come from
- Tax returns filed by households arriving758
- People arriving, from those returns1,426
- Adjusted gross income arriving$60.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$79,861
- Largest single originGreene County Non-migrants (7,612 households)
- Largest single destination (7,612 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Greene County Non-migrants | 7,612 | 15,913 | $574.9 m |
| Other flows - Different State | 195 | 397 | $16.1 m |
| Albemarle County | 185 | 349 | $12.1 m |
| Other flows - Same State | 185 | 348 | $16.5 m |
| Other flows - South | 99 | 202 | $8.6 m |
| Orange County | 68 | 120 | $6.7 m |
| Charlottesville city | 48 | 78 | $3.9 m |
| Other flows - Northeast | 42 | 77 | $3.0 m |
The largest single source of arrivals is Greene 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.
Greene County
What the Greene County economy runs on
- County GDP, 2024$681.0 m
- County GDP, 2023$631.5 m
- GDP change, 2023 to 20247.8 percent
- GDP change over five years46.8 percent
- Rank by GDP among Virginia counties78th
- Rank by GDP among US county-equivalents2173rd
- GDP per resident$32,190
Output grew 7.8 percent in the latest year and 46.8 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.
Greene County
Who employs people in Greene County
- Covered employment, annual average4,052
- Establishments reporting547
- Average annual pay$43,718
- Average weekly wage$841
- Sector 44-45, employment793
- Sector 44-45, average annual pay$31,206
- Sector 72, employment460
- Sector 72, average annual pay$23,932
- Sector 23, employment304
- Sector 23, average annual pay$51,854
- Sector 56, employment204
- Sector 56, average annual pay$38,171
- Sector 54, employment202
- Sector 81, employment170
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 793 | 51 | $31,206 |
| Sector 72 | 460 | 37 | $23,932 |
| Sector 23 | 304 | 68 | $51,854 |
| Sector 56 | 204 | 29 | $38,171 |
| Sector 54 | 202 | 37 | $92,246 |
| Sector 81 | 170 | 52 | $38,547 |
| Sector 52 | 94 | 14 | $68,723 |
| Sector 71 | 58 | 3 | $18,547 |
The largest sector is the biggest private employer group at 793 jobs, 19.6 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.
Greene County
What businesses operate in Greene County
- Establishments, all industries384
- Employment at those establishments3,133
- Annual payroll$117.1 m
- Establishments per 1,000 residents18.2
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.
Greene County
What is being built in Greene County
- Housing units authorised by permit, 2024204
- Declared construction value permitted$70.4 m
- Single family units authorised162
- Multifamily units authorised42
- Multifamily share of units20.6 percent
- Average declared value per unit$345,056
- Units authorised per 1,000 households25.4
Multifamily is 20.6 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Greene County
How much SBA lending happens in Greene County
- 7(a) approvals recorded7
- 7(a) gross approval dollars$4.1 m
- Average 7(a) approval$587,686
- Median 7(a) approval$823,800
- 10th percentile approval$130,000
- 90th percentile approval$875,000
- Largest single approval$875,000
- Jobs reported supported, 7(a)132
- Jobs per approval18.9
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals5
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter5
- Franchise loans2
- Franchise share of approvals28.6 percent
- Leading industry by approval countGasoline Stations with Convenience Stores (2)
- Most active lenderMetro City Bank (2)
- 504 approvals recorded5
- 504 gross approval dollars$2.2 m
- Average 504 approval$444,200
- Median 504 approval$339,000
- Distinct CDCs active2
- 504 jobs per approval8.0
- 504 jobs per million dollars approved18.0
- Most active CDCBusiness Finance Group, Inc. (4)
- 7(a) share of SBA approvals58.3 percent
- Combined SBA approval dollars$6.3 m
The average approval of $587,686 sits close to the median of $823,800, so lending here is fairly evenly sized rather than driven by a few large deals. Only 0.0 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.
Greene County
Do SBA loans in Greene County get paid back
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Paid in full1
- Status: Cancelled1
- Status: Exempt from disclosure5
Too few loans have reached a final outcome to publish a charge off rate. only 1 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.
Greene County
Which parts of Greene County get the lending
- Places in the county with recorded lending2
- RUCKERSVILLE, approvals4
- STANARDSVILLE, approvals3
| Place | Approvals | Gross approval dollars |
|---|---|---|
| RUCKERSVILLE | 4 | $2,323,800 |
| STANARDSVILLE | 3 | $1,790,000 |
RUCKERSVILLE accounts for 4 approvals against 3 in STANARDSVILLE. 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.
Greene County
How big is Greene County
- Land area156 sq mi
- Rank by land area among Virginia counties92nd of 133
- Width, east to west20.4 mi
- Height, north to south20.1 mi
- Geographies sharing a boundary5
- Residents per square mile of land136
- Establishments per square mile2.46
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 Greene 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 Greene County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population21,155
- Households8,032
- Average household size2.63
- Median household income$89,808
- Median age40.3
Common questions
Greene County questions, answered from the record.
How many people live in Greene County, Virginia?
21,155, in 8,032 households, ranking 80th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Greene County growing?
The population has grown 5.79 percent since the 2020 census base. In 2024 there were 225 births against 198 deaths, with net migration of 318. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Greene County?
$89,808. The median owner-occupied home is valued at $343,300, which is 3.8 times income, and median gross rent is $1,309 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Greene County?
384 establishments, employing 3,133 people with an annual payroll of $117.1 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 Greene County?
Average annual pay is $43,718, or $841 a week, across 4,052 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Greene County?
7 7(a) approvals totalling $4.1 m since FY2020, across 5 lenders, with a median approval of $823,800, plus 5 504 approvals worth $2.2 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Greene County?
204 housing units were authorised by permit in 2024, with a declared construction value of $70.4 m. Multifamily was 20.6 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Greene County?
Zone 2, a predicted average indoor radon screening level from 2 to 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 Greene County come from?
The largest single origin is Greene County Non-migrants, with 7,612 households. Arriving households report an average income of $79,861 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 Greene 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 Greene 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.