HomeWest VirginiaHardy County
Hardy County, West Virginia: commercial real estate data.
Hardy County, West Virginia has a population of 14,243 across 582 square miles, up 0.3 percent since the 2020 census base. County output reached $1.03 bn in 2024, 294 establishments operate here, and the SBA record carries 7 7(a) approvals worth $1.5 m.
117 sourced county values · tier FULL · 11 sections
Hardy County
How many people live in Hardy County
- Population14,243
- Households5,954
- Average household size2.39
- Median household income$49,272
- Median age46.7
- Median gross rent$816 per month
- Median owner-occupied home value$166,300
- Home value to household income3.4 times
- Annual rent as a share of median income19.9 percent
- Adults 25 and over with a bachelor degree or higher15.7 percent
- Adults 25 and over with a graduate degree6.8 percent
- Adults 25 and over10,505
- Population under 182,823
- Share under 1819.8 percent
- Population 65 and over3,303
- Share 65 and over23.2 percent
- Working age population, 18 to 648,117
- Civilian labor force6,627
- Unemployment rate7.3 percent
- Labor force participation, adults 18 and over58.0 percent
- Rank by population among West Virginia counties37th of 55
- Rank by population among US county-equivalents2208th
Hardy County is the 37th largest of 55 West Virginia counties by population. A median home costs 3.4 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 23.2 percent against 19.8 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.
Hardy County
Is Hardy County growing
- Population change since the 2020 census base0.27 percent
- Census 2020 base population14,297
- Births, 2024142
- Deaths, 2024180
- Natural change, 2024-38
- Net domestic migration, 202463
- Net international migration, 202416
- Total net migration, 202479
- Cumulative net domestic migration, 2021 to 2024261
- Rank by growth among US county-equivalents1732nd
The county has grown 0.27 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.
Hardy County
Where people moving to Hardy County come from
- Tax returns filed by households arriving333
- People arriving, from those returns644
- Adjusted gross income arriving$21.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$63,931
- Largest single originHardy County Non-migrants (5,407 households)
- Largest single destination (5,407 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hardy County Non-migrants | 5,407 | 10,749 | $293.3 m |
| Other flows - Different State | 189 | 377 | $15.8 m |
| Other flows - South | 165 | 334 | $13.9 m |
| Other flows - Same State | 72 | 129 | $3.2 m |
| Grant County | 44 | 83 | $1.3 m |
| Hampshire County | 28 | 55 | $993,000 |
| Other flows - Northeast | 24 | 43 | $1.9 m |
The largest single source of arrivals is Hardy 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.
Hardy County
What the Hardy County economy runs on
- County GDP, 2024$1.03 bn
- County GDP, 2023$1.03 bn
- GDP change, 2023 to 20240.4 percent
- GDP change over five years60.2 percent
- Rank by GDP among West Virginia counties29th
- Rank by GDP among US county-equivalents1820th
- GDP per resident$72,308
Output grew 0.4 percent in the latest year and 60.2 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.
Hardy County
Who employs people in Hardy County
- Covered employment, annual average6,079
- Establishments reporting456
- Average annual pay$48,062
- Average weekly wage$924
- Sector 31-33, employment2,540
- Sector 31-33, average annual pay$50,550
- Sector 44-45, employment679
- Sector 44-45, average annual pay$33,852
- Sector 72, employment315
- Sector 72, average annual pay$18,630
- Sector 48-49, employment203
- Sector 48-49, average annual pay$63,778
- Sector 11, employment162
- Sector 23, employment118
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 2,540 | 14 | $50,550 |
| Sector 44-45 | 679 | 56 | $33,852 |
| Sector 72 | 315 | 31 | $18,630 |
| Sector 48-49 | 203 | 19 | $63,778 |
| Sector 11 | 162 | 9 | $41,156 |
| Sector 23 | 118 | 39 | $47,897 |
| Sector 52 | 117 | 24 | $93,780 |
| Sector 81 | 105 | 28 | $39,630 |
The largest sector is the biggest private employer group at 2,540 jobs, 41.8 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.
Hardy County
What businesses operate in Hardy County
- Establishments, all industries294
- Employment at those establishments6,014
- Annual payroll$263.5 m
- Establishments per 1,000 residents20.6
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.
Hardy County
What is being built in Hardy County
- Housing units authorised by permit, 202474
- Declared construction value permitted$13.5 m
- Single family units authorised74
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$182,035
- Units authorised per 1,000 households12.4
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Hardy County
How much SBA lending happens in Hardy County
- 7(a) approvals recorded7
- 7(a) gross approval dollars$1.5 m
- Average 7(a) approval$216,643
- Median 7(a) approval$110,000
- 10th percentile approval$46,500
- 90th percentile approval$956,000
- Largest single approval$956,000
- Jobs reported supported, 7(a)165
- Jobs per approval23.6
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals5
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter7
- Franchise loans2
- Franchise share of approvals28.6 percent
- Leading industry by approval countGeneral Freight Trucking, Local (2)
- Most active lenderPendleton Community Bank Inc (4)
- 504 approvals recorded1
- 504 gross approval dollars$214,000
- Average 504 approval$214,000
- Median 504 approval$214,000
- Distinct CDCs active1
- 504 jobs per approval4.0
- 504 jobs per million dollars approved18.7
- Most active CDCRegional Development Funding Corporation (1)
- 7(a) share of SBA approvals87.5 percent
- Combined SBA approval dollars$1.7 m
The average approval of $216,643 sits well above the median of $110,000, 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 0.0 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.
Hardy County
Do SBA loans in Hardy County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Exempt from disclosure4
- Status: Cancelled1
Too few loans have reached a final outcome to publish a charge off rate. only 2 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.
Hardy County
Which parts of Hardy County get the lending
- Places in the county with recorded lending3
- Moorefield, approvals4
- Wardensville, approvals2
- Rig, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Moorefield | 4 | $1,310,000 |
| Wardensville | 2 | $96,500 |
| Rig | 1 | $110,000 |
Moorefield accounts for 4 approvals against 2 in Wardensville. 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.
Hardy County
How big is Hardy County
- Land area582 sq mi
- Rank by land area among West Virginia counties11th of 55
- Width, east to west33.7 mi
- Height, north to south32.9 mi
- Geographies sharing a boundary3
- Residents per square mile of land24
- Establishments per square mile0.51
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 Hardy 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 Hardy County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population14,243
- Households5,954
- Average household size2.39
- Median household income$49,272
- Median age46.7
Common questions
Hardy County questions, answered from the record.
How many people live in Hardy County, West Virginia?
14,243, in 5,954 households, ranking 37th of 55 West Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hardy County growing?
The population has grown 0.27 percent since the 2020 census base. In 2024 there were 142 births against 180 deaths, with net migration of 79. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hardy County?
$49,272. The median owner-occupied home is valued at $166,300, which is 3.4 times income, and median gross rent is $816 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Hardy County?
294 establishments, employing 6,014 people with an annual payroll of $263.5 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 Hardy County?
Average annual pay is $48,062, or $924 a week, across 6,079 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hardy County?
7 7(a) approvals totalling $1.5 m since FY2020, across 4 lenders, with a median approval of $110,000, plus 1 504 approvals worth $214,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Hardy County?
74 housing units were authorised by permit in 2024, with a declared construction value of $13.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hardy 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 Hardy County come from?
The largest single origin is Hardy County Non-migrants, with 5,407 households. Arriving households report an average income of $63,931 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 Hardy 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 Hardy 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.