Wythe County, Virginia: commercial real estate data.
Wythe County, Virginia has a population of 28,188 across 462 square miles, down 0.7 percent since the 2020 census base. County output reached $1.89 bn in 2024, 691 establishments operate here, and the SBA record carries 25 7(a) approvals worth $48.1 m.
120 sourced county values · tier FULL · 11 sections
Wythe County
How many people live in Wythe County
- Population28,188
- Households12,533
- Average household size2.25
- Median household income$57,745
- Median age46.0
- Median gross rent$764 per month
- Median owner-occupied home value$171,200
- Home value to household income3.0 times
- Annual rent as a share of median income15.9 percent
- Adults 25 and over with a bachelor degree or higher19.4 percent
- Adults 25 and over with a graduate degree7.6 percent
- Adults 25 and over20,755
- Population under 185,463
- Share under 1819.4 percent
- Population 65 and over6,272
- Share 65 and over22.3 percent
- Working age population, 18 to 6416,453
- Civilian labor force13,027
- Unemployment rate4.0 percent
- Labor force participation, adults 18 and over57.3 percent
- Rank by population among Virginia counties63rd of 133
- Rank by population among US county-equivalents1536th
Wythe County is the 63rd largest of 133 Virginia counties by population. A median home costs 3.0 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 22.3 percent against 19.4 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.
Wythe County
Is Wythe County growing
- Population change since the 2020 census base-0.66 percent
- Census 2020 base population28,288
- Births, 2024300
- Deaths, 2024445
- Natural change, 2024-145
- Net domestic migration, 202465
- Net international migration, 20248
- Total net migration, 202473
- Cumulative net domestic migration, 2021 to 2024492
- Rank by growth among US county-equivalents2077th
The county has lost 0.66 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.
Wythe County
Where people moving to Wythe County come from
- Tax returns filed by households arriving608
- People arriving, from those returns1,132
- Adjusted gross income arriving$30.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$49,479
- Largest single originWythe County Non-migrants (10,347 households)
- Largest single destination (10,347 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Wythe County Non-migrants | 10,347 | 20,652 | $601.6 m |
| Other flows - Different State | 248 | 458 | $12.4 m |
| Other flows - South | 164 | 289 | $7.5 m |
| Other flows - Same State | 145 | 263 | $7.2 m |
| Pulaski County | 60 | 114 | $3.4 m |
| Smyth County | 58 | 106 | $2.0 m |
| Carroll County | 45 | 98 | $2.0 m |
| Montgomery County | 31 | 58 | $2.2 m |
The largest single source of arrivals is Wythe 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.
Wythe County
What the Wythe County economy runs on
- County GDP, 2024$1.89 bn
- County GDP, 2023$1.86 bn
- GDP change, 2023 to 20241.6 percent
- GDP change over five years24.6 percent
- Rank by GDP among Virginia counties46th
- Rank by GDP among US county-equivalents1331st
- GDP per resident$67,091
Output grew 1.6 percent in the latest year and 24.6 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.
Wythe County
Who employs people in Wythe County
- Covered employment, annual average11,575
- Establishments reporting936
- Average annual pay$46,558
- Average weekly wage$895
- Sector 31-33, employment2,501
- Sector 31-33, average annual pay$61,628
- Sector 44-45, employment1,765
- Sector 44-45, average annual pay$34,046
- Sector 72, employment1,350
- Sector 72, average annual pay$23,268
- Sector 56, employment428
- Sector 56, average annual pay$38,088
- Sector 23, employment352
- Sector 81, employment252
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 2,501 | 42 | $61,628 |
| Sector 44-45 | 1,765 | 119 | $34,046 |
| Sector 72 | 1,350 | 74 | $23,268 |
| Sector 56 | 428 | 43 | $38,088 |
| Sector 23 | 352 | 62 | $60,089 |
| Sector 81 | 252 | 72 | $36,681 |
| Sector 48-49 | 238 | 29 | $60,206 |
| Sector 52 | 204 | 47 | $62,464 |
The largest sector is the biggest private employer group at 2,501 jobs, 21.6 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.
Wythe County
What businesses operate in Wythe County
- Establishments, all industries691
- Employment at those establishments9,944
- Annual payroll$446.0 m
- Establishments per 1,000 residents24.5
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.
Wythe County
What is being built in Wythe County
- Housing units authorised by permit, 2024118
- Declared construction value permitted$19.2 m
- Single family units authorised98
- Multifamily units authorised20
- Multifamily share of units16.9 percent
- Average declared value per unit$163,034
- Units authorised per 1,000 households9.4
Multifamily is 16.9 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Wythe County
How much SBA lending happens in Wythe County
- 7(a) approvals recorded25
- 7(a) gross approval dollars$48.1 m
- Average 7(a) approval$1,922,052
- Median 7(a) approval$1,358,500
- 10th percentile approval$30,500
- 90th percentile approval$4,960,900
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)233
- Jobs per approval9.3
- Distinct 7(a) lenders active14
- Distinct industries receiving approvals14
- Median 7(a) term299 months
- Share of loans on real estate terms, 240 months or longer56.0 percent
- Loans on real estate terms14
- Loans on working capital terms, 120 months or shorter10
- Franchise loans16
- Franchise share of approvals64.0 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (12)
- Most active lenderGBank (5)
- 504 approvals recorded3
- 504 gross approval dollars$1.5 m
- Average 504 approval$511,333
- Median 504 approval$536,000
- Distinct CDCs active2
- 504 jobs per approval25.7
- 504 jobs per million dollars approved50.2
- Most active CDCRappahannock Economic Development Corporation (2)
- 7(a) share of SBA approvals89.3 percent
- Combined SBA approval dollars$49.6 m
The average approval of $1,922,052 sits well above the median of $1,358,500, 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. 56.0 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.
Wythe County
Do SBA loans in Wythe County get paid back
- Loans with a final outcome recorded7
- Paid in full6
- Charged off1
- Status: Paid in full6
- Status: Charged off1
- Status: Exempt from disclosure12
- Status: Cancelled5
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 7 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.
Wythe County
Which parts of Wythe County get the lending
- Places in the county with recorded lending4
- Wytheville, approvals16
- Max Meadows, approvals6
- RURAL RETREAT, approvals2
- SPEEDWELL, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Wytheville | 16 | $37,976,800 |
| Max Meadows | 6 | $9,783,100 |
| RURAL RETREAT | 2 | $200,000 |
| SPEEDWELL | 1 | $91,400 |
Wytheville accounts for 16 approvals against 6 in Max Meadows. 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.
Wythe County
How big is Wythe County
- Land area462 sq mi
- Rank by land area among Virginia counties34th of 133
- Width, east to west35.3 mi
- Height, north to south21.4 mi
- Geographies sharing a boundary5
- Residents per square mile of land61
- Establishments per square mile1.50
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 Wythe 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 Wythe County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population28,188
- Households12,533
- Average household size2.25
- Median household income$57,745
- Median age46.0
Common questions
Wythe County questions, answered from the record.
How many people live in Wythe County, Virginia?
28,188, in 12,533 households, ranking 63rd of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wythe County growing?
The population has fallen 0.66 percent since the 2020 census base. In 2024 there were 300 births against 445 deaths, with net migration of 73. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wythe County?
$57,745. The median owner-occupied home is valued at $171,200, which is 3.0 times income, and median gross rent is $764 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Wythe County?
691 establishments, employing 9,944 people with an annual payroll of $446.0 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 Wythe County?
Average annual pay is $46,558, or $895 a week, across 11,575 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wythe County?
25 7(a) approvals totalling $48.1 m since FY2020, across 14 lenders, with a median approval of $1,358,500, plus 3 504 approvals worth $1.5 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Wythe County?
118 housing units were authorised by permit in 2024, with a declared construction value of $19.2 m. Multifamily was 16.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Wythe 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 Wythe County come from?
The largest single origin is Wythe County Non-migrants, with 10,347 households. Arriving households report an average income of $49,479 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 Wythe 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 Wythe 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.