HomeVirginiaKing William County
King William County, Virginia: commercial real estate data.
King William County, Virginia has a population of 18,593 across 274 square miles, up 8.0 percent since the 2020 census base. County output reached $849.9 m in 2024, 359 establishments operate here, and the SBA record carries 6 7(a) approvals worth $2.6 m.
117 sourced county values · tier FULL · 11 sections
King William County
How many people live in King William County
- Population18,593
- Households7,352
- Average household size2.53
- Median household income$86,056
- Median age40.9
- Median gross rent$1,166 per month
- Median owner-occupied home value$315,700
- Home value to household income3.7 times
- Annual rent as a share of median income16.3 percent
- Adults 25 and over with a bachelor degree or higher23.0 percent
- Adults 25 and over with a graduate degree6.7 percent
- Adults 25 and over13,085
- Population under 184,224
- Share under 1822.7 percent
- Population 65 and over3,129
- Share 65 and over16.8 percent
- Working age population, 18 to 6411,240
- Civilian labor force10,115
- Unemployment rate2.3 percent
- Labor force participation, adults 18 and over70.4 percent
- Rank by population among Virginia counties83rd of 133
- Rank by population among US county-equivalents1956th
King William County is the 83rd largest of 133 Virginia counties by population. A median home costs 3.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.7 percent against 16.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
King William County
Is King William County growing
- Population change since the 2020 census base7.97 percent
- Census 2020 base population17,813
- Births, 2024215
- Deaths, 2024170
- Natural change, 202445
- Net domestic migration, 2024142
- Net international migration, 202410
- Total net migration, 2024152
- Cumulative net domestic migration, 2021 to 20241,119
- Rank by growth among US county-equivalents239th
The county has grown 7.97 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.
King William County
Where people moving to King William County come from
- Tax returns filed by households arriving667
- People arriving, from those returns1,165
- Adjusted gross income arriving$40.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$60,948
- Largest single originKing William County Non-migrants (7,100 households)
- Largest single destination (7,100 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| King William County Non-migrants | 7,100 | 14,546 | $535.1 m |
| Other flows - Same State | 201 | 367 | $12.7 m |
| Hanover County | 147 | 250 | $10.1 m |
| Henrico County | 102 | 159 | $5.1 m |
| Other flows - Different State | 70 | 126 | $4.3 m |
| Other flows - South | 70 | 126 | $4.3 m |
| Chesterfield County | 35 | 74 | $1.9 m |
| New Kent County | 34 | 55 | $2.0 m |
The largest single source of arrivals is King William 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 William County
What the King William County economy runs on
- County GDP, 2024$849.9 m
- County GDP, 2023$767.9 m
- GDP change, 2023 to 202410.7 percent
- GDP change over five years55.3 percent
- Rank by GDP among Virginia counties73rd
- Rank by GDP among US county-equivalents1982nd
- GDP per resident$45,710
Output grew 10.7 percent in the latest year and 55.3 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 William County
Who employs people in King William County
- Covered employment, annual average4,201
- Establishments reporting492
- Average annual pay$59,062
- Average weekly wage$1,136
- Sector 31-33, employment726
- Sector 31-33, average annual pay$93,452
- Sector 44-45, employment444
- Sector 44-45, average annual pay$30,089
- Sector 72, employment331
- Sector 72, average annual pay$20,096
- Sector 23, employment240
- Sector 23, average annual pay$61,096
- Sector 81, employment205
- Sector 56, employment157
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 726 | 17 | $93,452 |
| Sector 44-45 | 444 | 45 | $30,089 |
| Sector 72 | 331 | 32 | $20,096 |
| Sector 23 | 240 | 63 | $61,096 |
| Sector 81 | 205 | 65 | $38,166 |
| Sector 56 | 157 | 29 | $39,212 |
| Sector 54 | 124 | 47 | $58,888 |
| Sector 52 | 110 | 18 | $59,931 |
The largest sector is the biggest private employer group at 726 jobs, 17.3 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.
King William County
What businesses operate in King William County
- Establishments, all industries359
- Employment at those establishments3,036
- Annual payroll$127.8 m
- Establishments per 1,000 residents19.3
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 William County
What is being built in King William County
- Housing units authorised by permit, 2024129
- Declared construction value permitted$27.9 m
- Single family units authorised129
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$216,292
- Units authorised per 1,000 households17.5
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
King William County
How much SBA lending happens in King William County
- 7(a) approvals recorded6
- 7(a) gross approval dollars$2.6 m
- Average 7(a) approval$440,500
- Median 7(a) approval$368,000
- 10th percentile approval$150,000
- 90th percentile approval$1,200,000
- Largest single approval$1,200,000
- Jobs reported supported, 7(a)35
- Jobs per approval5.8
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals4
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer16.7 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter5
- Franchise loans3
- Franchise share of approvals50.0 percent
- Leading industry by approval countLandscaping Services (3)
- Most active lenderNewtek Bank, National Association (2)
- 504 approvals recorded3
- 504 gross approval dollars$1.1 m
- Average 504 approval$379,333
- Median 504 approval$393,000
- Distinct CDCs active2
- 504 jobs per approval5.0
- 504 jobs per million dollars approved13.2
- Most active CDC504 Capital Corporation (2)
- 7(a) share of SBA approvals66.7 percent
- Combined SBA approval dollars$3.8 m
The average approval of $440,500 sits close to the median of $368,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 16.7 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 William County
Do SBA loans in King William County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure5
- Status: Cancelled1
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 William County
Which parts of King William County get the lending
- Places in the county with recorded lending4
- Aylett, approvals2
- Manquin, approvals2
- TROY, approvals1
- King William, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Aylett | 2 | $775,000 |
| Manquin | 2 | $518,000 |
| TROY | 1 | $150,000 |
| King William | 1 | $1,200,000 |
Aylett accounts for 2 approvals against 2 in Manquin. 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 William County
How big is King William County
- Land area274 sq mi
- Rank by land area among Virginia counties73rd of 133
- Width, east to west31.1 mi
- Height, north to south26.4 mi
- Geographies sharing a boundary4
- Residents per square mile of land68
- Establishments per square mile1.31
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 William 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 William County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population18,593
- Households7,352
- Average household size2.53
- Median household income$86,056
- Median age40.9
Common questions
King William County questions, answered from the record.
How many people live in King William County, Virginia?
18,593, in 7,352 households, ranking 83rd of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is King William County growing?
The population has grown 7.97 percent since the 2020 census base. In 2024 there were 215 births against 170 deaths, with net migration of 152. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in King William County?
$86,056. The median owner-occupied home is valued at $315,700, which is 3.7 times income, and median gross rent is $1,166 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in King William County?
359 establishments, employing 3,036 people with an annual payroll of $127.8 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 William County?
Average annual pay is $59,062, or $1,136 a week, across 4,201 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in King William County?
6 7(a) approvals totalling $2.6 m since FY2020, across 5 lenders, with a median approval of $368,000, plus 3 504 approvals worth $1.1 m. These are approvals recorded in the release, not loans disbursed.
What is being built in King William County?
129 housing units were authorised by permit in 2024, with a declared construction value of $27.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for King William 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 William County come from?
The largest single origin is King William County Non-migrants, with 7,100 households. Arriving households report an average income of $60,948 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 William 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 William 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.