HomeVirginiaKing and Queen County
King and Queen County, Virginia: commercial real estate data.
King and Queen County, Virginia has a population of 6,695 across 315 square miles, up 2.1 percent since the 2020 census base. County output reached $218.3 m in 2024, 117 establishments operate here, and the SBA record carries 2 7(a) approvals worth $2.1 m.
115 sourced county values · tier FULL · 11 sections
King and Queen County
How many people live in King and Queen County
- Population6,695
- Households3,003
- Average household size2.23
- Median household income$70,469
- Median age49.3
- Median gross rent$1,004 per month
- Median owner-occupied home value$231,600
- Home value to household income3.3 times
- Annual rent as a share of median income17.1 percent
- Adults 25 and over with a bachelor degree or higher18.6 percent
- Adults 25 and over with a graduate degree4.5 percent
- Adults 25 and over5,271
- Population under 181,164
- Share under 1817.4 percent
- Population 65 and over1,594
- Share 65 and over23.8 percent
- Working age population, 18 to 643,937
- Civilian labor force3,378
- Unemployment rate5.2 percent
- Labor force participation, adults 18 and over61.1 percent
- Rank by population among Virginia counties123rd of 133
- Rank by population among US county-equivalents2759th
King and Queen County is the 123rd largest of 133 Virginia counties by population. A median home costs 3.3 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 23.8 percent against 17.4 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.
King and Queen County
Is King and Queen County growing
- Population change since the 2020 census base2.12 percent
- Census 2020 base population6,607
- Births, 202466
- Deaths, 202495
- Natural change, 2024-29
- Net domestic migration, 202429
- Net international migration, 20240
- Total net migration, 202429
- Cumulative net domestic migration, 2021 to 2024330
- Rank by growth among US county-equivalents1143rd
The county has grown 2.12 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.
King and Queen County
Where people moving to King and Queen County come from
- Tax returns filed by households arriving216
- People arriving, from those returns406
- Adjusted gross income arriving$11.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$54,157
- Largest single originKing and Queen County Non-migrants (2,537 households)
- Largest single destination (2,537 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| King and Queen County Non-migrants | 2,537 | 4,759 | $163.6 m |
| Other flows - Same State | 141 | 266 | $6.9 m |
| King William County | 33 | 62 | $1.9 m |
| Hanover County | 22 | 40 | $1.6 m |
| Other flows - Different State | 20 | 38 | $1.3 m |
| Other flows - South | 20 | 38 | $1.3 m |
The largest single source of arrivals is King and Queen 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.
King and Queen County
What the King and Queen County economy runs on
- County GDP, 2024$218.3 m
- County GDP, 2023$200.0 m
- GDP change, 2023 to 20249.2 percent
- GDP change over five years36.3 percent
- Rank by GDP among Virginia counties103rd
- Rank by GDP among US county-equivalents2873rd
- GDP per resident$32,611
Output grew 9.2 percent in the latest year and 36.3 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.
King and Queen County
Who employs people in King and Queen County
- Covered employment, annual average1,120
- Establishments reporting212
- Average annual pay$56,428
- Average weekly wage$1,085
- Sector 23, employment135
- Sector 23, average annual pay$55,826
- Sector 54, employment99
- Sector 54, average annual pay$90,597
- Sector 11, employment89
- Sector 11, average annual pay$51,775
- Sector 48-49, employment75
- Sector 48-49, average annual pay$55,688
- Sector 44-45, employment67
- Sector 31-33, employment52
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 23 | 135 | 20 | $55,826 |
| Sector 54 | 99 | 21 | $90,597 |
| Sector 11 | 89 | 22 | $51,775 |
| Sector 48-49 | 75 | 16 | $55,688 |
| Sector 44-45 | 67 | 10 | $24,056 |
| Sector 31-33 | 52 | 10 | $63,191 |
| Sector 56 | 40 | 13 | $52,874 |
The largest sector is the biggest private employer group at 135 jobs, 12.1 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.
King and Queen County
What businesses operate in King and Queen County
- Establishments, all industries117
- Employment at those establishments719
- Annual payroll$37.4 m
- Establishments per 1,000 residents17.5
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.
King and Queen County
What is being built in King and Queen County
- Housing units authorised by permit, 202436
- Declared construction value permitted$8.7 m
- Single family units authorised36
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$240,900
- Units authorised per 1,000 households12.0
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
King and Queen County
How much SBA lending happens in King and Queen County
- 7(a) approvals recorded2
- 7(a) gross approval dollars$2.1 m
- Average 7(a) approval$1,061,000
- Median 7(a) approval$1,422,000
- 10th percentile approval$700,000
- 90th percentile approval$1,422,000
- Largest single approval$1,422,000
- Jobs reported supported, 7(a)9
- Jobs per approval4.5
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals2
- 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 shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countFurniture Merchant Wholesalers (1)
- Most active lenderFirst National Bank of Pennsylvania (1)
- 504 approvals recorded1
- 504 gross approval dollars$182,000
- Average 504 approval$182,000
- Median 504 approval$182,000
- Distinct CDCs active1
- 504 jobs per approval0.0
- 504 jobs per million dollars approved0.0
- Most active CDC504 Capital Corporation (1)
- 7(a) share of SBA approvals66.7 percent
- Combined SBA approval dollars$2.3 m
The average approval of $1,061,000 sits close to the median of $1,422,000, 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.
King and Queen County
Do SBA loans in King and Queen County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Cancelled1
- Status: Exempt from disclosure1
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.
King and Queen County
Which parts of King and Queen County get the lending
- Places in the county with recorded lending2
- BRUINGTON, approvals1
- SHACKLEFORDS, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| BRUINGTON | 1 | $700,000 |
| SHACKLEFORDS | 1 | $1,422,000 |
BRUINGTON accounts for 1 approvals against 1 in SHACKLEFORDS. 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.
King and Queen County
How big is King and Queen County
- Land area315 sq mi
- Rank by land area among Virginia counties65th of 133
- Width, east to west29.3 mi
- Height, north to south37.3 mi
- Geographies sharing a boundary7
- Residents per square mile of land21
- Establishments per square mile0.37
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 King and Queen 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 King and Queen County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population6,695
- Households3,003
- Average household size2.23
- Median household income$70,469
- Median age49.3
Common questions
King and Queen County questions, answered from the record.
How many people live in King and Queen County, Virginia?
6,695, in 3,003 households, ranking 123rd of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is King and Queen County growing?
The population has grown 2.12 percent since the 2020 census base. In 2024 there were 66 births against 95 deaths, with net migration of 29. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in King and Queen County?
$70,469. The median owner-occupied home is valued at $231,600, which is 3.3 times income, and median gross rent is $1,004 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in King and Queen County?
117 establishments, employing 719 people with an annual payroll of $37.4 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 King and Queen County?
Average annual pay is $56,428, or $1,085 a week, across 1,120 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in King and Queen County?
2 7(a) approvals totalling $2.1 m since FY2020, across 2 lenders, with a median approval of $1,422,000, plus 1 504 approvals worth $182,000. These are approvals recorded in the release, not loans disbursed.
What is being built in King and Queen County?
36 housing units were authorised by permit in 2024, with a declared construction value of $8.7 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for King and Queen County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to King and Queen County come from?
The largest single origin is King and Queen County Non-migrants, with 2,537 households. Arriving households report an average income of $54,157 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 King and Queen 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 King and Queen 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.