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Buckingham County, Virginia: commercial real estate data.

Buckingham County, Virginia had an estimated 17,115 residents on July 1, 2024, up 1.7 percent since the 2020 census base of 16,832, across 580 square miles. County output reached $697.9 m in 2024, 257 establishments operate here, and the SBA record carries 5 7(a) approvals worth $5.8 m since FY2020.

Underlined figures are computed by MMCG Analytics, not published by the agency.

Buckingham County

How many people live in Buckingham County

  • Population, American Community Survey 2020-202416,976
  • Households6,274
  • Average household size2.71
  • Median household income$60,828
  • Median age44.1
  • Median gross rent$927 per month
  • Median owner-occupied home value$173,400
  • Home value to household income2.9 times
  • Annual rent as a share of median income18.3 percent
  • Adults 25 and over with a bachelor degree or higher14.5 percent
  • Adults 25 and over with a graduate degree4.3 percent
  • Adults 25 and over12,848
  • Population under 183,017
  • Share under 1817.8 percent
  • Population 65 and over3,536
  • Share 65 and over20.8 percent
  • Working age population, 18 to 6410,423
  • Civilian labor force6,717
  • Unemployment rate4.7 percent
  • Labor force participation, adults 18 and over48.1 percent
  • Rank by population among Virginia counties87th of 133
  • Rank by population among US county-equivalents, Puerto Rico included2038th of 3,222

Buckingham County is the 87th largest of 133 Virginia counties by population. A median home costs 2.9 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 20.8 percent against 17.8 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.

Buckingham County

Is Buckingham County's population growing?

  • Population, July 1, 202417,115
  • Census 2020 base population16,832
  • Population change since the 2020 census base1.68 percent
  • Population change, 2023 to 2024127
  • Births, 2024116
  • Deaths, 2024198
  • Natural change, 2024-82
  • Net domestic migration, 2024208
  • Net international migration, 20244
  • Total net migration, 2024212
  • Cumulative net domestic migration, 2021 to 2024616
  • Rank by growth among US county-equivalents1278th of 3,144

The county has grown 1.68 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration 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.

Buckingham County

Where are people moving to Buckingham County from?

  • Tax returns filed by households arriving369
  • People arriving, from those returns665
  • Tax returns filed by households leaving320
  • Net household movement49
  • Adjusted gross income arriving$16.0 m
  • Net adjusted gross income movement$4.5 m
  • Average income of an arriving household$43,285
  • Average income of a leaving household$35,775
  • Largest single originAlbemarle County (46 households)
  • Largest single destinationAlbemarle County (37 households)
Largest origins of households moving into Buckingham County
OriginHouseholdsPeopleAdjusted gross income
Albemarle County4678$1.8 m
Prince Edward County2860$850,000
Cumberland County2742$842,000
Fluvanna County2760$1.1 m

Households arriving report $7,510 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 Albemarle 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.

Buckingham County

What is the Buckingham County economy?

  • County GDP, 2024$697.9 m
  • County GDP, 2023$692.6 m
  • GDP change, 2023 to 20240.8 percent
  • GDP change over five years19.5 percent
  • Rank by GDP among the Virginia areas BEA publishes76th of 105
  • Rank by GDP among the US county areas BEA publishes2143rd of 3,127
  • GDP per resident$41,113

Output grew 0.8 percent in the latest year and 19.5 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.

Buckingham County

Employment by industry in Buckingham County

  • Covered employment, annual average3,114
  • Establishments reporting500
  • Average annual pay$49,796
  • Average weekly wage$958
  • Health care and social assistance, employment473
  • Health care and social assistance, average annual pay$47,186
  • Retail trade, employment270
  • Retail trade, average annual pay$27,029
  • Construction, employment189
  • Construction, average annual pay$42,912
  • Manufacturing, employment138
  • Manufacturing, average annual pay$55,071
  • Transportation and warehousing, employment107
  • Accommodation and food services, employment103
Private sector employment and pay by industry, Buckingham County
SectorEmploymentEstablishmentsAverage annual pay
Health care and social assistance473171$47,186
Retail trade27038$27,029
Construction18954$42,912
Manufacturing13811$55,071
Transportation and warehousing10724$57,215
Accommodation and food services1037$18,060
Other services, except public administration8538$51,631
Professional, scientific and technical services7630$79,532

Health care and social assistance is the largest private sector at 473 jobs, 15.2 percent of covered employment.

US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

Buckingham County

How many businesses are in Buckingham County?

  • Establishments, all industries257
  • Employment at those establishments1,863
  • Annual payroll$77.2 m
  • Establishments per 1,000 residents15.1

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.

Buckingham County

Building permits in Buckingham County

  • Housing units authorized by permit, 202496
  • Declared construction value permitted$19.1 m
  • Single family units authorized96
  • Multifamily units authorized0
  • Multifamily share of units0.0 percent
  • Average declared value per unit$198,751
  • Units authorized per 1,000 households15.3

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.

Buckingham County

SBA loans in Buckingham County (7(a) and 504)

  • 7(a) approvals recorded5
  • 7(a) gross approval dollars$5.8 m
  • Average 7(a) approval$1,156,560
  • Median 7(a) approval$125,000
  • Largest single approval$4,592,500
  • Jobs reported supported, 7(a)16
  • Jobs per approval3.2
  • Distinct 7(a) lenders active5
  • Distinct industries receiving approvals5
  • Median 7(a) term120 months
  • Share of loans on real estate terms, 240 months or longer20.0 percent
  • Loans on real estate terms1
  • Loans on working capital terms, 120 months or shorter4
  • Franchise loans1
  • Franchise share of approvals20.0 percent

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Buckingham County

SBA loan default and charge-off rates in Buckingham County

Do SBA loans in Buckingham County get paid back?

  • Loans with a final outcome recorded0
  • Paid in full0
  • Charged off0
  • Status: Exempt from disclosure3
  • Status: Cancelled2

Only 0 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.

Buckingham County

SBA lending by place in Buckingham County

  • Borrower cities with recorded lending4
  • Dillwyn, approvals2
  • Buckingham, approvals1
  • Scottsville, approvals1
  • New Canton, approvals1
SBA 7(a) approvals by borrower city, loans with a project in Buckingham County, FY2020 to FY2026
Borrower cityApprovalsGross approval dollars
Dillwyn2$4,717,500
Buckingham1$996,000
Scottsville1$54,300
New Canton1$15,000

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Buckingham County

How large is Buckingham County?

  • Land area580 sq mi
  • Rank by land area among Virginia counties12th of 133
  • Width, east to west32.1 mi
  • Height, north to south31.6 mi
  • Geographies sharing a boundary6
  • Residents per square mile of land29
  • Establishments per square mile0.44

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.

Buckingham County

Flood risk in Buckingham County

  • Participation of the county's own NFIP community Buckingham County, unincorporated areasParticipating, community 510026
  • Communities in the county in the NFIP Community Status Book2
  • Of those, participating in the NFIP2
  • NFIP participation rate100.0 percent
  • Communities carrying a CRS class0
  • Radon levels in Buckingham 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 Buckingham County (community 510026), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Buckingham 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 Buckingham 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 Buckingham County site starts with the figures you are reading, carrying the same source and period into the credit file.

  • Population, American Community Survey 2020-202416,976
  • Households6,274
  • Average household size2.71
  • Median household income$60,828
  • Median age44.1

How a feasibility study works →

Common questions

Buckingham County questions, answered from the record.

How many people live in Buckingham County, Virginia?

The Census Bureau estimates 17,115 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 16,976, in 6,274 households, ranking 87th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Is Buckingham County's population growing?

The population has grown 1.68 percent since the 2020 census base of 16,832, to 17,115 on July 1, 2024. In 2024 there were 116 births against 198 deaths, with net migration of 212. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

What is the median household income in Buckingham County?

$60,828. The median owner-occupied home is valued at $173,400, which is 2.9 times income, and median gross rent is $927 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

How many businesses are in Buckingham County?

257 establishments, employing 1,863 people with an annual payroll of $77.2 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 Buckingham County?

Health care and social assistance is the largest private sector at 473 jobs, 15.2 percent of covered employment. Covered employment averages 3,114 jobs at an average annual pay of $49,796, or $958 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

How much SBA lending happens in Buckingham County?

5 7(a) approvals totaling $5.8 m since FY2020, across 5 lenders, with a median approval of $125,000. These are approvals recorded in the release, not loans disbursed.

How many building permits were issued in Buckingham County?

96 housing units were authorized by permit in 2024, with a declared construction value of $19.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.

What is the radon zone for Buckingham 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 Buckingham County come from?

The largest single origin is Albemarle County, with 46 households. Arriving households report an average income of $43,285 against $35,775 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Are traffic counts available for Buckingham 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 Buckingham 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.

Buckingham County

Cities and places in Buckingham.

3 Census places lie wholly or partly in Buckingham County. All 3 carry enough published place level data for a page of their own and are linked.

Census places in Buckingham County, by population, with SBA 7(a) approvals to borrowers in each place for projects in Buckingham County
PlaceTypePopulationSBA 7(a) approvals, projects in this countyLies in
Dillwyntown4592Wholly in this county
YogavilleCDP288None recordedWholly in this county
Buckingham CourthouseCDP227None recordedWholly in this county

A further 3 of the county's 5 SBA 7(a) approvals are to borrowers in cities that match no Census place in Buckingham County, the largest being Buckingham (1), Scottsville (1), New Canton (1). 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.