Botetourt County, Virginia: commercial real estate data.
Botetourt County, Virginia had an estimated 34,129 residents on July 1, 2024, up 1.6 percent since the 2020 census base of 33,592, across 541 square miles. County output reached $1.88 bn in 2024, 776 establishments operate here, and the SBA record carries 16 7(a) approvals worth $18.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Botetourt County
How many people live in Botetourt County
- Population, American Community Survey 2020-202434,004
- Households13,220
- Average household size2.57
- Median household income$81,213
- Median age48.1
- Median gross rent$1,035 per month
- Median owner-occupied home value$289,200
- Home value to household income3.6 times
- Annual rent as a share of median income15.3 percent
- Adults 25 and over with a bachelor degree or higher28.5 percent
- Adults 25 and over with a graduate degree11.4 percent
- Adults 25 and over25,338
- Population under 186,324
- Share under 1818.6 percent
- Population 65 and over8,272
- Share 65 and over24.3 percent
- Working age population, 18 to 6419,408
- Civilian labor force16,197
- Unemployment rate2.4 percent
- Labor force participation, adults 18 and over58.5 percent
- Rank by population among Virginia counties50th of 133
- Rank by population among US county-equivalents, Puerto Rico included1365th of 3,222
Botetourt County is the 50th largest of 133 Virginia counties by population. A median home costs 3.6 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 24.3 percent against 18.6 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Botetourt County
Is Botetourt County's population growing?
- Population, July 1, 202434,129
- Census 2020 base population33,592
- Population change since the 2020 census base1.60 percent
- Population change, 2023 to 2024-25
- Births, 2024265
- Deaths, 2024388
- Natural change, 2024-123
- Net domestic migration, 202488
- Net international migration, 202411
- Total net migration, 202499
- Cumulative net domestic migration, 2021 to 20241,135
- Rank by growth among US county-equivalents1305th of 3,144
The county has grown 1.60 percent since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Botetourt County
Where are people moving to Botetourt County from?
- Tax returns filed by households arriving1,033
- People arriving, from those returns1,920
- Tax returns filed by households leaving872
- Net household movement161
- Adjusted gross income arriving$74.3 m
- Net adjusted gross income movement$14.0 m
- Average income of an arriving household$71,923
- Average income of a leaving household$69,166
- Largest single originRoanoke County (251 households)
- Largest single destinationRoanoke County (206 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Roanoke County | 251 | 453 | $18.3 m |
| Roanoke city | 192 | 344 | $10.8 m |
| Bedford County | 43 | 72 | $2.0 m |
| Salem city | 32 | 70 | $1.5 m |
Households arriving report $2,757 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Roanoke 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.
Botetourt County
What is the Botetourt County economy?
- County GDP, 2024$1.88 bn
- County GDP, 2023$1.78 bn
- GDP change, 2023 to 20245.6 percent
- GDP change over five years40.1 percent
- Rank by GDP among the Virginia areas BEA publishes48th of 105
- Rank by GDP among the US county areas BEA publishes1338th of 3,127
- GDP per resident$55,360
Output grew 5.6 percent in the latest year and 40.1 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.
Botetourt County
Employment by industry in Botetourt County
- Covered employment, annual average11,729
- Establishments reporting982
- Average annual pay$58,347
- Average weekly wage$1,122
- Manufacturing, employment2,426
- Manufacturing, average annual pay$68,721
- Wholesale trade, employment1,584
- Wholesale trade, average annual pay$71,724
- Administrative and support and waste management services, employment912
- Administrative and support and waste management services, average annual pay$43,335
- Accommodation and food services, employment842
- Accommodation and food services, average annual pay$23,644
- Retail trade, employment775
- Construction, employment750
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 2,426 | 43 | $68,721 |
| Wholesale trade | 1,584 | 41 | $71,724 |
| Administrative and support and waste management services | 912 | 73 | $43,335 |
| Accommodation and food services | 842 | 52 | $23,644 |
| Retail trade | 775 | 73 | $33,046 |
| Construction | 750 | 117 | $62,489 |
| Professional, scientific and technical services | 288 | 116 | $68,680 |
| Other services, except public administration | 214 | 81 | $52,589 |
Manufacturing is the largest private sector at 2,426 jobs, 20.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Botetourt County
How many businesses are in Botetourt County?
- Establishments, all industries776
- Employment at those establishments12,180
- Annual payroll$657.8 m
- Establishments per 1,000 residents22.8
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.
Botetourt County
Building permits in Botetourt County
- Housing units authorized by permit, 2024116
- Declared construction value permitted$39.7 m
- Single family units authorized116
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$342,099
- Units authorized per 1,000 households8.8
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.
Botetourt County
SBA loans in Botetourt County (7(a) and 504)
- 7(a) approvals recorded16
- 7(a) gross approval dollars$18.4 m
- Average 7(a) approval$1,152,281
- Median 7(a) approval$386,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)136
- Jobs per approval8.5
- Distinct 7(a) lenders active12
- Distinct industries receiving approvals15
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer18.8 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter12
- Franchise loans2
- Franchise share of approvals12.5 percent
- Most active lenderFirst Bank (3)
- 504 approvals recorded3
- 504 gross approval dollars$2.8 m
- Average 504 approval$946,000
- Median 504 approval$560,000
- Distinct CDCs active2
- 504 jobs per approval21.0
- 504 jobs per million dollars approved22.2
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$21.3 m
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.
Botetourt County
SBA loan default and charge-off rates in Botetourt County
Do SBA loans in Botetourt County get paid back?
- Loans with a final outcome recorded5
- Paid in full4
- Charged off1
- Status: Paid in full4
- Status: Exempt from disclosure8
- Status: Cancelled3
- Status: Charged off1
Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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.
Botetourt County
SBA lending by place in Botetourt County
- Borrower cities with recorded lending6
- Troutville, approvals7
- Roanoke, approvals3
- Buchanan, approvals2
- Daleville, approvals2
- Cloverdale, approvals1
- Blue Ridge, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Troutville | 7 | $10,555,200 |
| Roanoke | 3 | $1,100,000 |
| Buchanan | 2 | $5,636,000 |
| Daleville | 2 | $661,900 |
| Cloverdale | 1 | $400,000 |
| Blue Ridge | 1 | $83,400 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Botetourt County
How large is Botetourt County?
- Land area541 sq mi
- Rank by land area among Virginia counties15th of 133
- Width, east to west31.6 mi
- Height, north to south34 mi
- Geographies sharing a boundary5
- Residents per square mile of land63
- Establishments per square mile1.43
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.
Botetourt County
Flood risk in Botetourt County
- Participation of the county's own NFIP community Botetourt County, unincorporated areasParticipating, community 510018
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP4
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Botetourt County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Botetourt County (community 510018), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Botetourt County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 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 Botetourt 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 Botetourt County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202434,004
- Households13,220
- Average household size2.57
- Median household income$81,213
- Median age48.1
Common questions
Botetourt County questions, answered from the record.
How many people live in Botetourt County, Virginia?
The Census Bureau estimates 34,129 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 34,004, in 13,220 households, ranking 50th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Botetourt County's population growing?
The population has grown 1.60 percent since the 2020 census base of 33,592, to 34,129 on July 1, 2024. In 2024 there were 265 births against 388 deaths, with net migration of 99. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Botetourt County?
$81,213. The median owner-occupied home is valued at $289,200, which is 3.6 times income, and median gross rent is $1,035 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Botetourt County?
776 establishments, employing 12,180 people with an annual payroll of $657.8 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Botetourt County?
Manufacturing is the largest private sector at 2,426 jobs, 20.7 percent of covered employment. Covered employment averages 11,729 jobs at an average annual pay of $58,347, or $1,122 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Botetourt County?
16 7(a) approvals totaling $18.4 m since FY2020, across 12 lenders, with a median approval of $386,000, plus 3 504 approvals worth $2.8 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Botetourt County?
116 housing units were authorized by permit in 2024, with a declared construction value of $39.7 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Botetourt 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 Botetourt County come from?
The largest single origin is Roanoke County, with 251 households. Arriving households report an average income of $71,923 against $69,166 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Botetourt 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 Botetourt County?
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.
Botetourt County
Cities and places in Botetourt.
10 Census places lie wholly or partly in Botetourt County. All 10 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Hollins | CDP | 17,097 | None recorded | 6.2 percent here, 93.8 percent Roanoke County |
| Daleville | CDP | 3,797 | 2 | Wholly in this county |
| Cloverdale | CDP | 3,208 | 1 | Wholly in this county |
| Blue Ridge | CDP | 2,800 | 1 | Wholly in this county |
| Laymantown | CDP | 1,626 | None recorded | Wholly in this county |
| Buchanan | town | 1,367 | 2 | Wholly in this county |
| Fincastle | town | 858 | None recorded | Wholly in this county |
| Troutville | town | 475 | 7 | Wholly in this county |
| Eagle Rock | CDP | 67 | None recorded | Wholly in this county |
| Glen Wilton | CDP | 66 | None recorded | Wholly in this county |
A further 3 of the county's 16 SBA 7(a) approvals are to borrowers in cities that match no Census place in Botetourt County, the largest being Roanoke (3). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
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