HomeVirginiaPrince George County
Prince George County, Virginia: commercial real estate data.
Prince George County, Virginia has a population of 43,146 across 265 square miles, up 1.4 percent since the 2020 census base. 466 establishments operate here, and the SBA record carries 14 7(a) approvals worth $6.2 m.
113 sourced county values · tier FULL · 10 sections
Prince George County
How many people live in Prince George County
- Population43,146
- Households12,919
- Average household size3.34
- Median household income$84,897
- Median age33.2
- Median gross rent$1,594 per month
- Median owner-occupied home value$293,400
- Home value to household income3.5 times
- Annual rent as a share of median income22.5 percent
- Adults 25 and over with a bachelor degree or higher25.0 percent
- Adults 25 and over with a graduate degree8.7 percent
- Adults 25 and over27,481
- Population under 188,419
- Share under 1819.5 percent
- Population 65 and over5,697
- Share 65 and over13.2 percent
- Working age population, 18 to 6429,030
- Civilian labor force16,645
- Unemployment rate5.2 percent
- Labor force participation, adults 18 and over47.9 percent
- Rank by population among Virginia counties40th of 133
- Rank by population among US county-equivalents1144th
Prince George County is the 40th largest of 133 Virginia counties by population. A median home costs 3.5 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 19.5 percent against 13.2 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Prince George County
Is Prince George County growing
- Population change since the 2020 census base1.36 percent
- Census 2020 base population43,006
- Births, 2024318
- Deaths, 2024295
- Natural change, 202423
- Net domestic migration, 2024376
- Net international migration, 2024144
- Total net migration, 2024520
- Cumulative net domestic migration, 2021 to 202441
- Rank by growth among US county-equivalents1379th
The county has grown 1.36 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.
Prince George County
Where people moving to Prince George County come from
- Tax returns filed by households arriving1,792
- People arriving, from those returns4,127
- Adjusted gross income arriving$96.6 m
- Net adjusted gross income movement$0
- Average income of an arriving household$53,882
- Largest single originPrince George County Non-migrants (11,740 households)
- Largest single destination (11,740 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Prince George County Non-migrants | 11,740 | 24,788 | $886.0 m |
| Other flows - Different State | 593 | 1,507 | $31.9 m |
| Other flows - South | 332 | 848 | $17.1 m |
| Chesterfield County | 214 | 436 | $12.5 m |
| Other flows - Same State | 178 | 352 | $10.1 m |
| Petersburg city | 169 | 331 | $7.4 m |
| Hopewell city | 157 | 353 | $7.3 m |
| Other flows - West | 112 | 303 | $6.4 m |
The largest single source of arrivals is Prince George 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.
Prince George County
Who employs people in Prince George County
- Covered employment, annual average14,930
- Establishments reporting668
- Average annual pay$64,331
- Average weekly wage$1,237
- Sector 48-49, employment1,876
- Sector 48-49, average annual pay$56,574
- Sector 72, employment1,280
- Sector 72, average annual pay$26,730
- Sector 44-45, employment1,122
- Sector 44-45, average annual pay$37,726
- Sector 23, employment750
- Sector 23, average annual pay$61,535
- Sector 62, employment727
- Sector 56, employment571
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 48-49 | 1,876 | 34 | $56,574 |
| Sector 72 | 1,280 | 46 | $26,730 |
| Sector 44-45 | 1,122 | 56 | $37,726 |
| Sector 23 | 750 | 56 | $61,535 |
| Sector 62 | 727 | 136 | $52,575 |
| Sector 56 | 571 | 31 | $40,155 |
| Sector 31-33 | 570 | 24 | $93,906 |
| Sector 54 | 328 | 58 | $76,634 |
The largest sector is the biggest private employer group at 1,876 jobs, 12.6 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.
Prince George County
What businesses operate in Prince George County
- Establishments, all industries466
- Employment at those establishments8,507
- Annual payroll$400.8 m
- Establishments per 1,000 residents10.8
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.
Prince George County
What is being built in Prince George County
- Housing units authorised by permit, 202472
- Declared construction value permitted$14.1 m
- Single family units authorised68
- Multifamily units authorised4
- Multifamily share of units5.6 percent
- Average declared value per unit$195,299
- Units authorised per 1,000 households5.6
Multifamily is 5.6 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Prince George County
How much SBA lending happens in Prince George County
- 7(a) approvals recorded14
- 7(a) gross approval dollars$6.2 m
- Average 7(a) approval$446,186
- Median 7(a) approval$136,000
- 10th percentile approval$15,000
- 90th percentile approval$1,500,000
- Largest single approval$3,100,000
- Jobs reported supported, 7(a)131
- Jobs per approval9.4
- Distinct 7(a) lenders active9
- Distinct industries receiving approvals11
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer21.4 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter10
- Franchise loans3
- Franchise share of approvals21.4 percent
- Leading industry by approval countLimited-Service Restaurants (2)
- Most active lenderWells Fargo Bank National Association (5)
- 504 approvals recorded4
- 504 gross approval dollars$7.8 m
- Average 504 approval$1,960,500
- Median 504 approval$1,309,000
- Distinct CDCs active3
- 504 jobs per approval29.5
- 504 jobs per million dollars approved15.0
- Most active CDCBusiness Finance Group, Inc. (2)
- 7(a) share of SBA approvals77.8 percent
- Combined SBA approval dollars$14.1 m
The average approval of $446,186 sits well above the median of $136,000, 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 21.4 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.
Prince George County
Do SBA loans in Prince George County get paid back
- Loans with a final outcome recorded4
- Paid in full3
- Charged off1
- Status: Exempt from disclosure8
- Status: Paid in full3
- Status: Charged off1
- Status: Cancelled2
Too few loans have reached a final outcome to publish a charge off rate. only 4 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.
Prince George County
Which parts of Prince George County get the lending
- Places in the county with recorded lending5
- NORTH PRINCE GEORGE, approvals4
- Prince George, approvals4
- DISPUTANTA, approvals4
- SOUTH PRINCE GEORGE, approvals1
- FORT LEE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| NORTH PRINCE GEORGE | 4 | $264,700 |
| Prince George | 4 | $3,276,500 |
| DISPUTANTA | 4 | $2,554,400 |
| SOUTH PRINCE GEORGE | 1 | $15,000 |
| FORT LEE | 1 | $136,000 |
NORTH PRINCE GEORGE accounts for 4 approvals against 4 in Prince George. 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.
Prince George County
How big is Prince George County
- Land area265 sq mi
- Rank by land area among Virginia counties76th of 133
- Width, east to west23.5 mi
- Height, north to south22.6 mi
- Geographies sharing a boundary7
- Residents per square mile of land163
- Establishments per square mile1.76
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 Prince George 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 Prince George County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population43,146
- Households12,919
- Average household size3.34
- Median household income$84,897
- Median age33.2
Common questions
Prince George County questions, answered from the record.
How many people live in Prince George County, Virginia?
43,146, in 12,919 households, ranking 40th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Prince George County growing?
The population has grown 1.36 percent since the 2020 census base. In 2024 there were 318 births against 295 deaths, with net migration of 520. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Prince George County?
$84,897. The median owner-occupied home is valued at $293,400, which is 3.5 times income, and median gross rent is $1,594 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Prince George County?
466 establishments, employing 8,507 people with an annual payroll of $400.8 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 Prince George County?
Average annual pay is $64,331, or $1,237 a week, across 14,930 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Prince George County?
14 7(a) approvals totalling $6.2 m since FY2020, across 9 lenders, with a median approval of $136,000, plus 4 504 approvals worth $7.8 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Prince George County?
72 housing units were authorised by permit in 2024, with a declared construction value of $14.1 m. Multifamily was 5.6 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Prince George 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 Prince George County come from?
The largest single origin is Prince George County Non-migrants, with 11,740 households. Arriving households report an average income of $53,882 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 Prince George 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 Prince George 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.