Powhatan County, Virginia: commercial real estate data.
Powhatan County, Virginia has a population of 31,555 across 260 square miles, up 6.8 percent since the 2020 census base. County output reached $1.26 bn in 2024, 740 establishments operate here, and the SBA record carries 16 7(a) approvals worth $10.2 m.
116 sourced county values · tier FULL · 11 sections
Powhatan County
How many people live in Powhatan County
- Population31,555
- Households11,325
- Average household size2.79
- Median household income$110,537
- Median age45.8
- Median gross rent$1,168 per month
- Median owner-occupied home value$416,000
- Home value to household income3.8 times
- Annual rent as a share of median income12.7 percent
- Adults 25 and over with a bachelor degree or higher35.0 percent
- Adults 25 and over with a graduate degree10.9 percent
- Adults 25 and over23,766
- Population under 185,770
- Share under 1818.3 percent
- Population 65 and over6,257
- Share 65 and over19.8 percent
- Working age population, 18 to 6419,528
- Civilian labor force16,471
- Unemployment rate3.6 percent
- Labor force participation, adults 18 and over63.9 percent
- Rank by population among Virginia counties56th of 133
- Rank by population among US county-equivalents1429th
Powhatan County is the 56th 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 65 and over outnumber those under 18, at 19.8 percent against 18.3 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.
Powhatan County
Is Powhatan County growing
- Population change since the 2020 census base6.76 percent
- Census 2020 base population30,342
- Births, 2024284
- Deaths, 2024289
- Natural change, 2024-5
- Net domestic migration, 2024246
- Net international migration, 202442
- Total net migration, 2024288
- Cumulative net domestic migration, 2021 to 20241,932
- Rank by growth among US county-equivalents320th
The county has grown 6.76 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.
Powhatan County
Where people moving to Powhatan County come from
- Tax returns filed by households arriving1,008
- People arriving, from those returns1,881
- Adjusted gross income arriving$112.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$111,763
- Largest single originPowhatan County Non-migrants (11,423 households)
- Largest single destination (11,423 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Powhatan County Non-migrants | 11,423 | 24,624 | $1.32 bn |
| Chesterfield County | 367 | 709 | $36.8 m |
| Other flows - Same State | 199 | 358 | $30.5 m |
| Other flows - Different State | 167 | 312 | $21.5 m |
| Henrico County | 113 | 197 | $11.7 m |
| Other flows - South | 108 | 201 | $14.0 m |
| Richmond city | 68 | 105 | $4.8 m |
| Other flows - Northeast | 39 | 68 | $5.7 m |
The largest single source of arrivals is Powhatan 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.
Powhatan County
What the Powhatan County economy runs on
- County GDP, 2024$1.26 bn
- County GDP, 2023$1.16 bn
- GDP change, 2023 to 20248.9 percent
- GDP change over five years42.7 percent
- Rank by GDP among Virginia counties61st
- Rank by GDP among US county-equivalents1655th
- GDP per resident$39,930
Output grew 8.9 percent in the latest year and 42.7 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.
Powhatan County
Who employs people in Powhatan County
- Covered employment, annual average8,331
- Establishments reporting890
- Average annual pay$54,627
- Average weekly wage$1,051
- Sector 23, employment1,860
- Sector 23, average annual pay$68,137
- Sector 44-45, employment840
- Sector 44-45, average annual pay$35,801
- Sector 72, employment681
- Sector 72, average annual pay$23,412
- Sector 56, employment589
- Sector 56, average annual pay$59,019
- Sector 71, employment434
- Sector 62, employment372
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 23 | 1,860 | 206 | $68,137 |
| Sector 44-45 | 840 | 69 | $35,801 |
| Sector 72 | 681 | 38 | $23,412 |
| Sector 56 | 589 | 67 | $59,019 |
| Sector 71 | 434 | 17 | $21,149 |
| Sector 62 | 372 | 98 | $53,078 |
| Sector 31-33 | 269 | 24 | $68,852 |
| Sector 42 | 268 | 47 | $69,806 |
The largest sector is the biggest private employer group at 1,860 jobs, 22.3 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.
Powhatan County
What businesses operate in Powhatan County
- Establishments, all industries740
- Employment at those establishments6,397
- Annual payroll$314.3 m
- Establishments per 1,000 residents23.5
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.
Powhatan County
What is being built in Powhatan County
- Housing units authorised by permit, 2024115
- Declared construction value permitted$30.7 m
- Single family units authorised115
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$266,579
- Units authorised per 1,000 households10.2
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Powhatan County
How much SBA lending happens in Powhatan County
- 7(a) approvals recorded16
- 7(a) gross approval dollars$10.2 m
- Average 7(a) approval$639,506
- Median 7(a) approval$300,000
- 10th percentile approval$50,000
- 90th percentile approval$1,728,800
- Largest single approval$4,400,000
- Jobs reported supported, 7(a)70
- Jobs per approval4.4
- Distinct 7(a) lenders active10
- Distinct industries receiving approvals15
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer6.3 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter13
- Franchise loans3
- Franchise share of approvals18.8 percent
- Leading industry by approval countPlumbing, Heating, and Air-Conditioning Contractors (2)
- Most active lenderThe Huntington National Bank (3)
- 504 approvals recorded9
- 504 gross approval dollars$4.1 m
- Average 504 approval$450,222
- Median 504 approval$462,000
- Distinct CDCs active3
- 504 jobs per approval16.0
- 504 jobs per million dollars approved35.5
- Most active CDCBusiness Finance Group, Inc. (6)
- 7(a) share of SBA approvals64.0 percent
- Combined SBA approval dollars$14.3 m
The average approval of $639,506 sits well above the median of $300,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 6.3 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.
Powhatan County
Do SBA loans in Powhatan County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure12
- Status: Cancelled3
- 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.
Powhatan County
Which parts of Powhatan County get the lending
- Places in the county with recorded lending2
- POWHATAN, approvals15
- MIDLOTHIAN, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| POWHATAN | 15 | $9,822,100 |
| MIDLOTHIAN | 1 | $410,000 |
POWHATAN accounts for 15 approvals against 1 in MIDLOTHIAN. 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.
Powhatan County
How big is Powhatan County
- Land area260 sq mi
- Rank by land area among Virginia counties77th of 133
- Width, east to west26.2 mi
- Height, north to south18.9 mi
- Geographies sharing a boundary4
- Residents per square mile of land121
- Establishments per square mile2.85
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 Powhatan 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 Powhatan County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population31,555
- Households11,325
- Average household size2.79
- Median household income$110,537
- Median age45.8
Common questions
Powhatan County questions, answered from the record.
How many people live in Powhatan County, Virginia?
31,555, in 11,325 households, ranking 56th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Powhatan County growing?
The population has grown 6.76 percent since the 2020 census base. In 2024 there were 284 births against 289 deaths, with net migration of 288. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Powhatan County?
$110,537. The median owner-occupied home is valued at $416,000, which is 3.8 times income, and median gross rent is $1,168 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Powhatan County?
740 establishments, employing 6,397 people with an annual payroll of $314.3 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 Powhatan County?
Average annual pay is $54,627, or $1,051 a week, across 8,331 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Powhatan County?
16 7(a) approvals totalling $10.2 m since FY2020, across 10 lenders, with a median approval of $300,000, plus 9 504 approvals worth $4.1 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Powhatan County?
115 housing units were authorised by permit in 2024, with a declared construction value of $30.7 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Powhatan 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 Powhatan County come from?
The largest single origin is Powhatan County Non-migrants, with 11,423 households. Arriving households report an average income of $111,763 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 Powhatan 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 Powhatan 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.