Nottoway County, Virginia: commercial real estate data.
Nottoway County, Virginia has a population of 15,597 across 314 square miles, down 0.1 percent since the 2020 census base. County output reached $700.6 m in 2024, 299 establishments operate here, and the SBA record carries 1 7(a) approvals worth $1.4 m.
111 sourced county values · tier FULL · 10 sections
Nottoway County
How many people live in Nottoway County
- Population15,597
- Households5,611
- Average household size2.78
- Median household income$63,261
- Median age41.5
- Median gross rent$972 per month
- Median owner-occupied home value$167,500
- Home value to household income2.6 times
- Annual rent as a share of median income18.4 percent
- Adults 25 and over with a bachelor degree or higher14.1 percent
- Adults 25 and over with a graduate degree3.2 percent
- Adults 25 and over11,300
- Population under 183,003
- Share under 1819.3 percent
- Population 65 and over2,931
- Share 65 and over18.8 percent
- Working age population, 18 to 649,663
- Civilian labor force6,122
- Unemployment rate2.8 percent
- Labor force participation, adults 18 and over48.6 percent
- Rank by population among Virginia counties95th of 133
- Rank by population among US county-equivalents2121st
Nottoway County is the 95th largest of 133 Virginia counties by population. A median home costs 2.6 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 19.3 percent against 18.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Nottoway County
Is Nottoway County growing
- Population change since the 2020 census base-0.09 percent
- Census 2020 base population15,646
- Births, 2024140
- Deaths, 2024209
- Natural change, 2024-69
- Net domestic migration, 2024112
- Net international migration, 202418
- Total net migration, 2024130
- Cumulative net domestic migration, 2021 to 2024293
- Rank by growth among US county-equivalents1873rd
The county has lost 0.09 percent of its population 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.
Nottoway County
Where people moving to Nottoway County come from
- Tax returns filed by households arriving362
- People arriving, from those returns673
- Adjusted gross income arriving$14.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$40,669
- Largest single originNottoway County Non-migrants (4,781 households)
- Largest single destination (4,781 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Nottoway County Non-migrants | 4,781 | 9,440 | $265.2 m |
| Other flows - Same State | 155 | 275 | $6.2 m |
| Other flows - Different State | 49 | 88 | $2.0 m |
| Other flows - South | 49 | 88 | $2.0 m |
| Chesterfield County | 43 | 79 | $2.0 m |
| Prince Edward County | 37 | 73 | $1.5 m |
| Lunenburg County | 30 | 75 | $975,000 |
| Amelia County | 26 | 46 | $1.2 m |
The largest single source of arrivals is Nottoway 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.
Nottoway County
What the Nottoway County economy runs on
- County GDP, 2024$700.6 m
- County GDP, 2023$686.3 m
- GDP change, 2023 to 20242.1 percent
- GDP change over five years32.4 percent
- Rank by GDP among Virginia counties74th
- Rank by GDP among US county-equivalents2136th
- GDP per resident$44,916
Output grew 2.1 percent in the latest year and 32.4 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.
Nottoway County
Who employs people in Nottoway County
- Covered employment, annual average5,406
- Establishments reporting476
- Average annual pay$52,671
- Average weekly wage$1,013
- Sector 44-45, employment575
- Sector 44-45, average annual pay$30,551
- Sector 54, employment286
- Sector 54, average annual pay$91,233
- Sector 31-33, employment241
- Sector 31-33, average annual pay$54,054
- Sector 42, employment137
- Sector 42, average annual pay$57,788
- Sector 23, employment104
- Sector 52, employment95
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 575 | 50 | $30,551 |
| Sector 54 | 286 | 29 | $91,233 |
| Sector 31-33 | 241 | 10 | $54,054 |
| Sector 42 | 137 | 13 | $57,788 |
| Sector 23 | 104 | 36 | $61,198 |
| Sector 52 | 95 | 18 | $50,797 |
| Sector 81 | 70 | 34 | $43,955 |
| Sector 53 | 22 | 10 | $28,807 |
The largest sector is the biggest private employer group at 575 jobs, 10.6 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.
Nottoway County
What businesses operate in Nottoway County
- Establishments, all industries299
- Employment at those establishments2,991
- Annual payroll$129.5 m
- Establishments per 1,000 residents19.2
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.
Nottoway County
What is being built in Nottoway County
- Housing units authorised by permit, 202457
- Declared construction value permitted$11.2 m
- Single family units authorised52
- Multifamily units authorised5
- Multifamily share of units8.8 percent
- Average declared value per unit$195,668
- Units authorised per 1,000 households10.2
Multifamily is 8.8 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Nottoway County
How much SBA lending happens in Nottoway County
- 7(a) approvals recorded1
- 7(a) gross approval dollars$1.4 m
- Average 7(a) approval$1,382,000
- Median 7(a) approval$1,382,000
- 10th percentile approval$1,382,000
- 90th percentile approval$1,382,000
- Largest single approval$1,382,000
- Jobs reported supported, 7(a)22
- Jobs per approval22.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer100.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter0
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (1)
- Most active lenderUnited FCU (1)
- 504 approvals recorded3
- 504 gross approval dollars$3.0 m
- Average 504 approval$999,667
- Median 504 approval$1,264,000
- Distinct CDCs active3
- 504 jobs per approval10.7
- 504 jobs per million dollars approved10.7
- Most active CDCRappahannock Economic Development Corporation (1)
- 7(a) share of SBA approvals25.0 percent
- Combined SBA approval dollars$4.4 m
The average approval of $1,382,000 sits close to the median of $1,382,000, so lending here is fairly evenly sized rather than driven by a few large deals. 100.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
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.
Nottoway County
Do SBA loans in Nottoway County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- 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.
Nottoway County
How big is Nottoway County
- Land area314 sq mi
- Rank by land area among Virginia counties66th of 133
- Width, east to west24.5 mi
- Height, north to south21.2 mi
- Geographies sharing a boundary5
- Residents per square mile of land50
- Establishments per square mile0.95
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 Nottoway 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 Nottoway County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population15,597
- Households5,611
- Average household size2.78
- Median household income$63,261
- Median age41.5
Common questions
Nottoway County questions, answered from the record.
How many people live in Nottoway County, Virginia?
15,597, in 5,611 households, ranking 95th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Nottoway County growing?
The population has fallen 0.09 percent since the 2020 census base. In 2024 there were 140 births against 209 deaths, with net migration of 130. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Nottoway County?
$63,261. The median owner-occupied home is valued at $167,500, which is 2.6 times income, and median gross rent is $972 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Nottoway County?
299 establishments, employing 2,991 people with an annual payroll of $129.5 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 Nottoway County?
Average annual pay is $52,671, or $1,013 a week, across 5,406 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Nottoway County?
1 7(a) approvals totalling $1.4 m since FY2020, across 1 lenders, with a median approval of $1,382,000, plus 3 504 approvals worth $3.0 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Nottoway County?
57 housing units were authorised by permit in 2024, with a declared construction value of $11.2 m. Multifamily was 8.8 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Nottoway 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 Nottoway County come from?
The largest single origin is Nottoway County Non-migrants, with 4,781 households. Arriving households report an average income of $40,669 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 Nottoway 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 Nottoway 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.