Alexandria city, Virginia: commercial real estate data.
Alexandria city, Virginia had an estimated 159,102 residents on July 1, 2024, down 0.2 percent since the 2020 census base of 159,463, across 15 square miles. County output reached $18.00 bn in 2024, 4,493 establishments operate here, and the SBA record carries 231 7(a) approvals worth $122.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Alexandria city
How many people live in Alexandria city
- Population, American Community Survey 2020-2024156,976
- Households76,096
- Average household size2.06
- Median household income$119,681
- Median age37.7
- Median gross rent$2,089 per month
- Median owner-occupied home value$735,100
- Home value to household income6.1 times
- Annual rent as a share of median income20.9 percent
- Adults 25 and over with a bachelor degree or higher66.2 percent
- Adults 25 and over with a graduate degree34.8 percent
- Adults 25 and over119,341
- Population under 1828,473
- Share under 1818.1 percent
- Population 65 and over20,348
- Share 65 and over13.0 percent
- Working age population, 18 to 64108,155
- Civilian labor force99,393
- Unemployment rate3.3 percent
- Labor force participation, adults 18 and over77.3 percent
- Rank by population among Virginia independent cities13th of 133
- Rank by population among US county-equivalents, Puerto Rico included442nd of 3,222
Alexandria city is the 13th largest of 133 Virginia independent cities by population. A median home costs 6.1 times median household income, which is severely unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 18.1 percent against 13.0 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Alexandria city
Is Alexandria city's population growing?
- Population, July 1, 2024159,102
- Census 2020 base population159,463
- Population change since the 2020 census base-0.23 percent
- Population change, 2023 to 20242,831
- Births, 20242,308
- Deaths, 2024858
- Natural change, 20241,450
- Net domestic migration, 2024-1,359
- Net international migration, 20242,784
- Total net migration, 20241,425
- Cumulative net domestic migration, 2021 to 2024-13,014
- Rank by growth among US county-equivalents1929th of 3,144
The county has lost 0.23 percent of its population since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Alexandria city
Where are people moving to Alexandria city from?
- Tax returns filed by households arriving12,868
- People arriving, from those returns18,029
- Tax returns filed by households leaving12,819
- Net household movement49
- Adjusted gross income arriving$1.28 bn
- Net adjusted gross income movement$-138.8 m
- Average income of an arriving household$99,782
- Average income of a leaving household$110,992
- Largest single originFairfax County (2,496 households)
- Largest single destinationFairfax County (3,405 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Fairfax County | 2,496 | 3,635 | $219.3 m |
| Arlington County | 1,679 | 2,182 | $186.1 m |
| District of Columbia | 1,226 | 1,569 | $168.1 m |
| Prince George's County | 573 | 901 | $33.2 m |
| Prince William County | 464 | 700 | $28.6 m |
| Montgomery County | 351 | 455 | $28.4 m |
| Foreign - APO/FPO ZIPs | 225 | 395 | $26.4 m |
| Loudoun County | 163 | 230 | $15.0 m |
Households arriving report $11,210 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Fairfax County, 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.
Alexandria city
What is the Alexandria city economy?
- County GDP, 2024$18.00 bn
- County GDP, 2023$17.26 bn
- GDP change, 2023 to 20244.3 percent
- GDP change over five years17.0 percent
- Rank by GDP among the Virginia areas BEA publishes11th of 105
- Rank by GDP among the US county areas BEA publishes283rd of 3,127
- GDP per resident$114,668
Output grew 4.3 percent in the latest year and 17.0 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.
Alexandria city
Employment by industry in Alexandria city
- Covered employment, annual average81,341
- Establishments reporting6,382
- Average annual pay$91,541
- Average weekly wage$1,760
- Professional, scientific and technical services, employment13,246
- Professional, scientific and technical services, average annual pay$141,976
- Other services, except public administration, employment8,534
- Other services, except public administration, average annual pay$96,998
- Accommodation and food services, employment8,393
- Accommodation and food services, average annual pay$33,955
- Health care and social assistance, employment8,319
- Health care and social assistance, average annual pay$73,086
- Retail trade, employment6,710
- Administrative and support and waste management services, employment4,666
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Professional, scientific and technical services | 13,246 | 1,510 | $141,976 |
| Other services, except public administration | 8,534 | 1,401 | $96,998 |
| Accommodation and food services | 8,393 | 378 | $33,955 |
| Health care and social assistance | 8,319 | 647 | $73,086 |
| Retail trade | 6,710 | 416 | $46,391 |
| Administrative and support and waste management services | 4,666 | 336 | $67,442 |
| Construction | 2,155 | 211 | $93,916 |
| Real estate and rental and leasing | 2,031 | 346 | $84,048 |
Professional, scientific and technical services is the largest private sector at 13,246 jobs, 16.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Alexandria city
How many businesses are in Alexandria city?
- Establishments, all industries4,493
- Employment at those establishments79,745
- Annual payroll$6.29 bn
- Establishments per 1,000 residents28.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Alexandria city
Building permits in Alexandria city
- Housing units authorized by permit, 202425
- Declared construction value permitted$10.0 m
- Single family units authorized25
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$399,600
- Units authorized per 1,000 households0.3
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Alexandria city
SBA loans in Alexandria city (7(a) and 504)
- 7(a) approvals recorded231
- 7(a) gross approval dollars$122.4 m
- Average 7(a) approval$529,854
- Median 7(a) approval$200,000
- 10th percentile approval$25,000
- 90th percentile approval$1,553,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)3,257
- Jobs per approval14.1
- Distinct 7(a) lenders active60
- Distinct industries receiving approvals106
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer10.0 percent
- Loans on real estate terms23
- Loans on working capital terms, 120 months or shorter187
- Franchise loans22
- Franchise share of approvals9.5 percent
- Leading industry by approval countChild Day Care Services (11)
- Most active lenderManufacturers and Traders Trust Company (39)
- 504 approvals recorded73
- 504 gross approval dollars$55.8 m
- Average 504 approval$764,945
- Median 504 approval$428,000
- Distinct CDCs active5
- 504 jobs per approval10.0
- 504 jobs per million dollars approved13.0
- Most active CDCBusiness Finance Group, Inc. (66)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$178.2 m
The average approval of $529,854 sits well above the median of $200,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 10.0 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.
Alexandria city
SBA loan default and charge-off rates in Alexandria city
Do SBA loans in Alexandria city get paid back?
- Loans with a final outcome recorded40
- Paid in full34
- Charged off6
- Charge-off rate on resolved loans15.0 percent
- Status: Cancelled44
- Status: Exempt from disclosure131
- Status: Paid in full34
- Status: Charged off6
- Status: Committed, not yet disbursed16
Of the 40 loans that have reached a final outcome, 15.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Alexandria city
SBA lending by place in Alexandria city
- Borrower cities with recorded lending4
- Alexandria, approvals228
- Lorton, approvals1
- Fairfax, approvals1
- Oxon Hill, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Alexandria | 228 | $121,255,400 |
| Lorton | 1 | $582,000 |
| Fairfax | 1 | $536,200 |
| Oxon Hill | 1 | $22,600 |
Alexandria accounts for 228 approvals against 1 in Lorton. 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.
Alexandria city
How large is Alexandria city?
- Land area15 sq mi
- Rank by land area among Virginia independent cities110th of 133
- Width, east to west3 mi
- Height, north to south4.1 mi
- Geographies sharing a boundary4
- Residents per square mile of land10,465
- Establishments per square mile299.53
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.
Alexandria city
Flood risk in Alexandria city
- Participation of the county's own NFIP community Alexandria, city ofParticipating, community 515519
- Community Rating System class of the county's own communityClass 6
- Communities in the county in the NFIP Community Status Book1
- Of those, participating in the NFIP1
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 6
- Communities carrying a CRS class1
- Radon levels in Alexandria city, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, the City of Alexandria (community 515519), participates in the National Flood Insurance Program and carries Community Rating System class 6, a flood insurance premium discount for policies written there. The EPA places Alexandria city in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 6, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Alexandria city 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 Alexandria city site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024156,976
- Households76,096
- Average household size2.06
- Median household income$119,681
- Median age37.7
Common questions
Alexandria city questions, answered from the record.
How many people live in Alexandria city, Virginia?
The Census Bureau estimates 159,102 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 156,976, in 76,096 households, ranking 13th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Alexandria city's population growing?
The population has fallen 0.23 percent since the 2020 census base of 159,463, to 159,102 on July 1, 2024. In 2024 there were 2,308 births against 858 deaths, with net migration of 1,425. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Alexandria city?
$119,681. The median owner-occupied home is valued at $735,100, which is 6.1 times income, and median gross rent is $2,089 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Alexandria city?
4,493 establishments, employing 79,745 people with an annual payroll of $6.29 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Alexandria city?
Professional, scientific and technical services is the largest private sector at 13,246 jobs, 16.3 percent of covered employment. Covered employment averages 81,341 jobs at an average annual pay of $91,541, or $1,760 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Alexandria city?
231 7(a) approvals totaling $122.4 m since FY2020, across 60 lenders, with a median approval of $200,000, plus 73 504 approvals worth $55.8 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Alexandria city get paid back?
Of the 40 loans that have reached a final outcome, 34 were paid in full and 6 charged off, a charge-off rate of 15.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Alexandria city?
25 housing units were authorized by permit in 2024, with a declared construction value of $10.0 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Alexandria city?
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 Alexandria city come from?
The largest single origin is Fairfax County, with 2,496 households. Arriving households report an average income of $99,782 against $110,992 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Alexandria city 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 Alexandria city?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
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