HomeWest VirginiaHampshire County
Hampshire County, West Virginia: commercial real estate data.
Hampshire County, West Virginia has a population of 23,465 across 640 square miles, up 3.1 percent since the 2020 census base. County output reached $562.6 m in 2024, 310 establishments operate here, and the SBA record carries 11 7(a) approvals worth $1.9 m.
110 sourced county values · tier FULL · 11 sections
Hampshire County
How many people live in Hampshire County
- Population23,465
- Households8,643
- Average household size2.71
- Median household income$63,116
- Median age48.5
- Median gross rent$720 per month
- Median owner-occupied home value$219,200
- Home value to household income3.5 times
- Annual rent as a share of median income13.7 percent
- Adults 25 and over with a bachelor degree or higher18.3 percent
- Adults 25 and over with a graduate degree7.0 percent
- Adults 25 and over17,746
- Population under 184,228
- Share under 1818.0 percent
- Population 65 and over5,711
- Share 65 and over24.3 percent
- Working age population, 18 to 6413,526
- Civilian labor force10,232
- Unemployment rate9.0 percent
- Labor force participation, adults 18 and over53.2 percent
- Rank by population among West Virginia counties26th of 55
- Rank by population among US county-equivalents1713th
Hampshire County is the 26th largest of 55 West Virginia counties by population. A median home costs 3.5 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 24.3 percent against 18.0 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.
Hampshire County
Is Hampshire County growing
- Population change since the 2020 census base3.10 percent
- Census 2020 base population23,077
- Births, 2024238
- Deaths, 2024333
- Natural change, 2024-95
- Net domestic migration, 2024259
- Net international migration, 2024-4
- Total net migration, 2024255
- Cumulative net domestic migration, 2021 to 20241,129
- Rank by growth among US county-equivalents843rd
The county has grown 3.10 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.
Hampshire County
Where people moving to Hampshire County come from
- Tax returns filed by households arriving534
- People arriving, from those returns1,021
- Adjusted gross income arriving$33.0 m
- Net adjusted gross income movement$0
- Average income of an arriving household$61,891
- Largest single originHampshire County Non-migrants (8,320 households)
- Largest single destination (8,320 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hampshire County Non-migrants | 8,320 | 16,612 | $485.6 m |
| Other flows - Different State | 291 | 547 | $21.9 m |
| Other flows - South | 216 | 400 | $16.5 m |
| Frederick County | 68 | 143 | $3.9 m |
| Other flows - Same State | 62 | 118 | $3.1 m |
| Berkeley County | 49 | 87 | $2.5 m |
| Other flows - Northeast | 43 | 89 | $2.7 m |
| Mineral County | 35 | 69 | $1.2 m |
The largest single source of arrivals is Hampshire 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.
Hampshire County
What the Hampshire County economy runs on
- County GDP, 2024$562.6 m
- County GDP, 2023$511.0 m
- GDP change, 2023 to 202410.1 percent
- GDP change over five years15.3 percent
- Rank by GDP among West Virginia counties41st
- Rank by GDP among US county-equivalents2326th
- GDP per resident$23,976
Output grew 10.1 percent in the latest year and 15.3 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.
Hampshire County
Who employs people in Hampshire County
- Covered employment, annual average4,242
- Establishments reporting550
- Average annual pay$43,955
- Average weekly wage$845
- Sector 44-45, employment516
- Sector 44-45, average annual pay$30,162
- Sector 23, employment231
- Sector 23, average annual pay$53,752
- Sector 56, employment224
- Sector 56, average annual pay$44,181
- Sector 52, employment170
- Sector 52, average annual pay$60,774
- Sector 81, employment116
- Sector 31-33, employment71
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 516 | 60 | $30,162 |
| Sector 23 | 231 | 63 | $53,752 |
| Sector 56 | 224 | 34 | $44,181 |
| Sector 52 | 170 | 26 | $60,774 |
| Sector 81 | 116 | 34 | $32,151 |
| Sector 31-33 | 71 | 7 | $50,710 |
| Sector 48-49 | 69 | 10 | $33,181 |
| Sector 51 | 49 | 14 | $71,854 |
The largest sector is the biggest private employer group at 516 jobs, 12.2 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.
Hampshire County
What businesses operate in Hampshire County
- Establishments, all industries310
- Employment at those establishments2,593
- Annual payroll$97.7 m
- Establishments per 1,000 residents13.2
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.
Hampshire County
What is being built in Hampshire County
- Housing units authorised by permit, 2024120
- Declared construction value permitted$21.6 m
- Single family units authorised120
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$179,847
- Units authorised per 1,000 households13.9
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Hampshire County
How much SBA lending happens in Hampshire County
- 7(a) approvals recorded11
- 7(a) gross approval dollars$1.9 m
- Average 7(a) approval$170,345
- Median 7(a) approval$163,800
- 10th percentile approval$25,000
- 90th percentile approval$367,600
- Largest single approval$455,000
- Jobs reported supported, 7(a)39
- Jobs per approval3.5
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals8
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer9.1 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter9
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countAll Other Professional, Scientific, and Technical Services (2)
- Most active lenderFNB Bank Inc (5)
The average approval of $170,345 sits close to the median of $163,800, so lending here is fairly evenly sized rather than driven by a few large deals. Only 9.1 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.
Hampshire County
Do SBA loans in Hampshire County get paid back
- Loans with a final outcome recorded3
- Paid in full2
- Charged off1
- Status: Paid in full2
- Status: Exempt from disclosure6
- Status: Charged off1
- Status: Cancelled2
Too few loans have reached a final outcome to publish a charge off rate. only 3 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.
Hampshire County
Which parts of Hampshire County get the lending
- Places in the county with recorded lending5
- ROMNEY, approvals4
- SLANESVILLE, approvals2
- AUGUSTA, approvals2
- PAW PAW, approvals2
- CAPON BRIDGE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| ROMNEY | 4 | $902,800 |
| SLANESVILLE | 2 | $442,000 |
| AUGUSTA | 2 | $350,000 |
| PAW PAW | 2 | $60,500 |
| CAPON BRIDGE | 1 | $118,500 |
ROMNEY accounts for 4 approvals against 2 in SLANESVILLE. 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.
Hampshire County
How big is Hampshire County
- Land area640 sq mi
- Rank by land area among West Virginia counties9th of 55
- Width, east to west34.2 mi
- Height, north to south30.8 mi
- Geographies sharing a boundary3
- Residents per square mile of land37
- Establishments per square mile0.48
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 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- 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 Hampshire 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 Hampshire County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population23,465
- Households8,643
- Average household size2.71
- Median household income$63,116
- Median age48.5
Common questions
Hampshire County questions, answered from the record.
How many people live in Hampshire County, West Virginia?
23,465, in 8,643 households, ranking 26th of 55 West Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hampshire County growing?
The population has grown 3.10 percent since the 2020 census base. In 2024 there were 238 births against 333 deaths, with net migration of 255. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hampshire County?
$63,116. The median owner-occupied home is valued at $219,200, which is 3.5 times income, and median gross rent is $720 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Hampshire County?
310 establishments, employing 2,593 people with an annual payroll of $97.7 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 Hampshire County?
Average annual pay is $43,955, or $845 a week, across 4,242 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hampshire County?
11 7(a) approvals totalling $1.9 m since FY2020, across 4 lenders, with a median approval of $163,800. These are approvals recorded in the release, not loans disbursed.
What is being built in Hampshire County?
120 housing units were authorised by permit in 2024, with a declared construction value of $21.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hampshire 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 Hampshire County come from?
The largest single origin is Hampshire County Non-migrants, with 8,320 households. Arriving households report an average income of $61,891 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 Hampshire 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 Hampshire 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.