HomeVirginiaWestmoreland County
Westmoreland County, Virginia: commercial real estate data.
Westmoreland County, Virginia has a population of 18,826 across 229 square miles, up 4.1 percent since the 2020 census base. County output reached $666.0 m in 2024, 338 establishments operate here, and the SBA record carries 7 7(a) approvals worth $10.4 m.
117 sourced county values · tier FULL · 11 sections
Westmoreland County
How many people live in Westmoreland County
- Population18,826
- Households8,149
- Average household size2.31
- Median household income$63,398
- Median age47.7
- Median gross rent$1,018 per month
- Median owner-occupied home value$269,600
- Home value to household income4.3 times
- Annual rent as a share of median income19.3 percent
- Adults 25 and over with a bachelor degree or higher22.5 percent
- Adults 25 and over with a graduate degree8.8 percent
- Adults 25 and over14,398
- Population under 183,361
- Share under 1817.9 percent
- Population 65 and over5,017
- Share 65 and over26.6 percent
- Working age population, 18 to 6410,448
- Civilian labor force8,085
- Unemployment rate7.3 percent
- Labor force participation, adults 18 and over52.3 percent
- Rank by population among Virginia counties82nd of 133
- Rank by population among US county-equivalents1943rd
Westmoreland County is the 82nd largest of 133 Virginia counties by population. A median home costs 4.3 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 26.6 percent against 17.9 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.
Westmoreland County
Is Westmoreland County growing
- Population change since the 2020 census base4.14 percent
- Census 2020 base population18,471
- Births, 2024173
- Deaths, 2024289
- Natural change, 2024-116
- Net domestic migration, 2024424
- Net international migration, 20249
- Total net migration, 2024433
- Cumulative net domestic migration, 2021 to 20241,186
- Rank by growth among US county-equivalents667th
The county has grown 4.14 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.
Westmoreland County
Where people moving to Westmoreland County come from
- Tax returns filed by households arriving736
- People arriving, from those returns1,316
- Adjusted gross income arriving$54.2 m
- Net adjusted gross income movement$0
- Average income of an arriving household$73,701
- Largest single originWestmoreland County Non-migrants (7,014 households)
- Largest single destination (7,014 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Westmoreland County Non-migrants | 7,014 | 13,211 | $509.8 m |
| Other flows - Different State | 214 | 367 | $14.3 m |
| Other flows - Same State | 183 | 315 | $14.2 m |
| Other flows - South | 145 | 258 | $9.3 m |
| King George County | 84 | 156 | $5.7 m |
| Spotsylvania County | 62 | 134 | $3.8 m |
| Stafford County | 54 | 98 | $4.2 m |
| Other flows - West | 40 | 66 | $2.6 m |
The largest single source of arrivals is Westmoreland 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.
Westmoreland County
What the Westmoreland County economy runs on
- County GDP, 2024$666.0 m
- County GDP, 2023$655.3 m
- GDP change, 2023 to 20241.6 percent
- GDP change over five years30.9 percent
- Rank by GDP among Virginia counties80th
- Rank by GDP among US county-equivalents2194th
- GDP per resident$35,377
Output grew 1.6 percent in the latest year and 30.9 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.
Westmoreland County
Who employs people in Westmoreland County
- Covered employment, annual average3,218
- Establishments reporting476
- Average annual pay$43,691
- Average weekly wage$840
- Sector 44-45, employment441
- Sector 44-45, average annual pay$28,352
- Sector 72, employment307
- Sector 72, average annual pay$24,082
- Sector 31-33, employment254
- Sector 31-33, average annual pay$54,787
- Sector 62, employment238
- Sector 62, average annual pay$44,842
- Sector 23, employment222
- Sector 11, employment185
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 441 | 50 | $28,352 |
| Sector 72 | 307 | 37 | $24,082 |
| Sector 31-33 | 254 | 12 | $54,787 |
| Sector 62 | 238 | 97 | $44,842 |
| Sector 23 | 222 | 54 | $53,176 |
| Sector 11 | 185 | 19 | $43,265 |
| Sector 54 | 118 | 36 | $104,224 |
| Sector 81 | 112 | 44 | $29,639 |
The largest sector is the biggest private employer group at 441 jobs, 13.7 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.
Westmoreland County
What businesses operate in Westmoreland County
- Establishments, all industries338
- Employment at those establishments2,149
- Annual payroll$79.3 m
- Establishments per 1,000 residents18.0
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.
Westmoreland County
What is being built in Westmoreland County
- Housing units authorised by permit, 2024220
- Declared construction value permitted$44.5 m
- Single family units authorised220
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$202,421
- Units authorised per 1,000 households27.0
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Westmoreland County
How much SBA lending happens in Westmoreland County
- 7(a) approvals recorded7
- 7(a) gross approval dollars$10.4 m
- Average 7(a) approval$1,492,614
- Median 7(a) approval$681,000
- 10th percentile approval$35,000
- 90th percentile approval$4,950,000
- Largest single approval$4,950,000
- Jobs reported supported, 7(a)73
- Jobs per approval10.4
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals5
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer57.1 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countMarinas (2)
- Most active lenderFulton Bank, National Association (2)
- 504 approvals recorded2
- 504 gross approval dollars$204,000
- Average 504 approval$102,000
- Median 504 approval$110,000
- Distinct CDCs active1
- 504 jobs per approval2.5
- 504 jobs per million dollars approved24.5
- Most active CDCRappahannock Economic Development Corporation (2)
- 7(a) share of SBA approvals77.8 percent
- Combined SBA approval dollars$10.7 m
The average approval of $1,492,614 sits well above the median of $681,000, 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. 57.1 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.
Westmoreland County
Do SBA loans in Westmoreland County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure5
- Status: Cancelled2
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.
Westmoreland County
Which parts of Westmoreland County get the lending
- Places in the county with recorded lending4
- COLONIAL BEACH, approvals4
- KINSALE, approvals1
- Montross, approvals1
- HAGUE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| COLONIAL BEACH | 4 | $4,612,000 |
| KINSALE | 1 | $320,000 |
| Montross | 1 | $566,300 |
| HAGUE | 1 | $4,950,000 |
COLONIAL BEACH accounts for 4 approvals against 1 in KINSALE. 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.
Westmoreland County
How big is Westmoreland County
- Land area229 sq mi
- Rank by land area among Virginia counties82nd of 133
- Width, east to west29.5 mi
- Height, north to south21.5 mi
- Geographies sharing a boundary4
- Residents per square mile of land82
- Establishments per square mile1.48
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 Westmoreland 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 Westmoreland County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population18,826
- Households8,149
- Average household size2.31
- Median household income$63,398
- Median age47.7
Common questions
Westmoreland County questions, answered from the record.
How many people live in Westmoreland County, Virginia?
18,826, in 8,149 households, ranking 82nd of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Westmoreland County growing?
The population has grown 4.14 percent since the 2020 census base. In 2024 there were 173 births against 289 deaths, with net migration of 433. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Westmoreland County?
$63,398. The median owner-occupied home is valued at $269,600, which is 4.3 times income, and median gross rent is $1,018 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Westmoreland County?
338 establishments, employing 2,149 people with an annual payroll of $79.3 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 Westmoreland County?
Average annual pay is $43,691, or $840 a week, across 3,218 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Westmoreland County?
7 7(a) approvals totalling $10.4 m since FY2020, across 6 lenders, with a median approval of $681,000, plus 2 504 approvals worth $204,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Westmoreland County?
220 housing units were authorised by permit in 2024, with a declared construction value of $44.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Westmoreland 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 Westmoreland County come from?
The largest single origin is Westmoreland County Non-migrants, with 7,014 households. Arriving households report an average income of $73,701 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 Westmoreland 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 Westmoreland 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.