Middlesex County, Virginia: commercial real estate data.
Middlesex County, Virginia has a population of 10,847 across 130 square miles, up 3.1 percent since the 2020 census base. County output reached $523.0 m in 2024, 306 establishments operate here, and the SBA record carries 2 7(a) approvals worth $200,000.
102 sourced county values · tier FULL · 10 sections
Middlesex County
How many people live in Middlesex County
- Population10,847
- Households4,772
- Average household size2.27
- Median household income$75,060
- Median age55.5
- Median gross rent$1,059 per month
- Median owner-occupied home value$352,200
- Home value to household income4.7 times
- Annual rent as a share of median income16.9 percent
- Adults 25 and over with a bachelor degree or higher33.8 percent
- Adults 25 and over with a graduate degree11.3 percent
- Adults 25 and over8,664
- Population under 181,740
- Share under 1816.0 percent
- Population 65 and over3,704
- Share 65 and over34.1 percent
- Working age population, 18 to 645,403
- Civilian labor force4,582
- Unemployment rate2.9 percent
- Labor force participation, adults 18 and over50.3 percent
- Rank by population among Virginia counties113th of 133
- Rank by population among US county-equivalents2428th
Middlesex County is the 113th 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 34.1 percent against 16.0 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.
Middlesex County
Is Middlesex County growing
- Population change since the 2020 census base3.09 percent
- Census 2020 base population10,621
- Births, 202495
- Deaths, 2024221
- Natural change, 2024-126
- Net domestic migration, 202480
- Net international migration, 202457
- Total net migration, 2024137
- Cumulative net domestic migration, 2021 to 2024658
- Rank by growth among US county-equivalents847th
The county has grown 3.09 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.
Middlesex County
Where people moving to Middlesex County come from
- Tax returns filed by households arriving379
- People arriving, from those returns671
- Adjusted gross income arriving$33.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$88,322
- Largest single originMiddlesex County Non-migrants (4,244 households)
- Largest single destination (4,244 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Middlesex County Non-migrants | 4,244 | 7,940 | $353.8 m |
| Other flows - Same State | 173 | 298 | $12.3 m |
| Other flows - Different State | 84 | 152 | $7.3 m |
| Gloucester County | 57 | 106 | $2.9 m |
| Other flows - South | 55 | 101 | $4.9 m |
| Other flows - Northeast | 29 | 51 | $2.5 m |
| Hanover County | 23 | 48 | $3.0 m |
| Henrico County | 22 | 33 | $5.9 m |
The largest single source of arrivals is Middlesex 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.
Middlesex County
What the Middlesex County economy runs on
- County GDP, 2024$523.0 m
- County GDP, 2023$500.0 m
- GDP change, 2023 to 20244.6 percent
- GDP change over five years33.2 percent
- Rank by GDP among Virginia counties87th
- Rank by GDP among US county-equivalents2375th
- GDP per resident$48,219
Output grew 4.6 percent in the latest year and 33.2 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.
Middlesex County
Who employs people in Middlesex County
- Covered employment, annual average3,389
- Establishments reporting413
- Average annual pay$46,498
- Average weekly wage$894
- Sector 44-45, employment332
- Sector 44-45, average annual pay$32,894
- Sector 72, employment319
- Sector 72, average annual pay$28,007
- Sector 23, employment300
- Sector 23, average annual pay$60,255
- Sector 71, employment146
- Sector 71, average annual pay$36,037
- Sector 31-33, employment135
- Sector 81, employment124
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 332 | 35 | $32,894 |
| Sector 72 | 319 | 30 | $28,007 |
| Sector 23 | 300 | 52 | $60,255 |
| Sector 71 | 146 | 15 | $36,037 |
| Sector 31-33 | 135 | 16 | $50,571 |
| Sector 81 | 124 | 38 | $36,137 |
| Sector 48-49 | 97 | 14 | $74,250 |
| Sector 54 | 92 | 40 | $66,777 |
The largest sector is the biggest private employer group at 332 jobs, 9.8 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.
Middlesex County
What businesses operate in Middlesex County
- Establishments, all industries306
- Employment at those establishments2,444
- Annual payroll$89.2 m
- Establishments per 1,000 residents28.2
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.
Middlesex County
What is being built in Middlesex County
- Housing units authorised by permit, 202497
- Declared construction value permitted$27.6 m
- Single family units authorised97
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$284,775
- Units authorised per 1,000 households20.3
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Middlesex County
How much SBA lending happens in Middlesex County
- 7(a) approvals recorded2
- 7(a) gross approval dollars$200,000
- Average 7(a) approval$100,000
- Median 7(a) approval$105,000
- 10th percentile approval$95,000
- 90th percentile approval$105,000
- Largest single approval$105,000
- Jobs reported supported, 7(a)2
- Jobs per approval1.0
- 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 countNew Single-Family Housing Construction (except For-Sale Builders) (1)
- Most active lenderBayFirst National Bank (1)
The average approval of $100,000 sits close to the median of $105,000, 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.
Middlesex County
Do SBA loans in Middlesex County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure1
- Status: Committed, not yet disbursed1
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.
Middlesex County
How big is Middlesex County
- Land area130 sq mi
- Rank by land area among Virginia counties95th of 133
- Width, east to west24.8 mi
- Height, north to south17.9 mi
- Geographies sharing a boundary4
- Residents per square mile of land83
- Establishments per square mile2.35
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 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- 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 Middlesex 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 Middlesex County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population10,847
- Households4,772
- Average household size2.27
- Median household income$75,060
- Median age55.5
Common questions
Middlesex County questions, answered from the record.
How many people live in Middlesex County, Virginia?
10,847, in 4,772 households, ranking 113th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Middlesex County growing?
The population has grown 3.09 percent since the 2020 census base. In 2024 there were 95 births against 221 deaths, with net migration of 137. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Middlesex County?
$75,060. The median owner-occupied home is valued at $352,200, which is 4.7 times income, and median gross rent is $1,059 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Middlesex County?
306 establishments, employing 2,444 people with an annual payroll of $89.2 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 Middlesex County?
Average annual pay is $46,498, or $894 a week, across 3,389 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Middlesex County?
2 7(a) approvals totalling $200,000 since FY2020, across 2 lenders, with a median approval of $105,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Middlesex County?
97 housing units were authorised by permit in 2024, with a declared construction value of $27.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Middlesex 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 Middlesex County come from?
The largest single origin is Middlesex County Non-migrants, with 4,244 households. Arriving households report an average income of $88,322 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 Middlesex 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 Middlesex 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.