Charlotte County, Virginia: commercial real estate data.
Charlotte County, Virginia had an estimated 11,258 residents on July 1, 2024, down 2.4 percent since the 2020 census base of 11,530, across 475 square miles. County output reached $376.5 m in 2024, 220 establishments operate here, and the SBA record carries 4 7(a) approvals worth $1.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Charlotte County
How many people live in Charlotte County
- Population, American Community Survey 2020-202411,422
- Households4,704
- Average household size2.43
- Median household income$58,000
- Median age44.5
- Median gross rent$732 per month
- Median owner-occupied home value$144,100
- Home value to household income2.5 times
- Annual rent as a share of median income15.1 percent
- Adults 25 and over with a bachelor degree or higher20.0 percent
- Adults 25 and over with a graduate degree8.7 percent
- Adults 25 and over8,142
- Population under 182,454
- Share under 1821.5 percent
- Population 65 and over2,596
- Share 65 and over22.7 percent
- Working age population, 18 to 646,372
- Civilian labor force5,011
- Unemployment rate2.4 percent
- Labor force participation, adults 18 and over55.9 percent
- Rank by population among Virginia counties110th of 133
- Rank by population among US county-equivalents, Puerto Rico included2393rd of 3,222
Charlotte County is the 110th largest of 133 Virginia counties by population. A median home costs 2.5 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 22.7 percent against 21.5 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.
Charlotte County
Is Charlotte County's population growing?
- Population, July 1, 202411,258
- Census 2020 base population11,530
- Population change since the 2020 census base-2.36 percent
- Population change, 2023 to 2024-129
- Births, 2024115
- Deaths, 2024180
- Natural change, 2024-65
- Net domestic migration, 2024-66
- Net international migration, 20242
- Total net migration, 2024-64
- Cumulative net domestic migration, 2021 to 2024-19
- Rank by growth among US county-equivalents2584th of 3,144
The county has lost 2.36 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Charlotte County
Where are people moving to Charlotte County from?
- Tax returns filed by households arriving232
- People arriving, from those returns444
- Tax returns filed by households leaving249
- Net household movement-17
- Adjusted gross income arriving$13.3 m
- Net adjusted gross income movement$2.4 m
- Average income of an arriving household$57,297
- Average income of a leaving household$43,884
- Largest single originPrince Edward County (27 households)
- Largest single destinationPrince Edward County (42 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Prince Edward County | 27 | 63 | $1.1 m |
| Lunenburg County | 22 | 43 | $805,000 |
Households arriving report $13,413 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 Prince Edward 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.
Charlotte County
What is the Charlotte County economy?
- County GDP, 2024$376.5 m
- County GDP, 2023$375.7 m
- GDP change, 2023 to 20240.2 percent
- GDP change over five years32.5 percent
- Rank by GDP among the Virginia areas BEA publishes96th of 105
- Rank by GDP among the US county areas BEA publishes2583rd of 3,127
- GDP per resident$32,958
Output grew 0.2 percent in the latest year and 32.5 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.
Charlotte County
Employment by industry in Charlotte County
- Covered employment, annual average2,737
- Establishments reporting543
- Average annual pay$46,079
- Average weekly wage$886
- Manufacturing, employment482
- Manufacturing, average annual pay$52,900
- Retail trade, employment256
- Retail trade, average annual pay$32,506
- Transportation and warehousing, employment170
- Transportation and warehousing, average annual pay$58,911
- Wholesale trade, employment94
- Wholesale trade, average annual pay$74,794
- Construction, employment76
- Administrative and support and waste management services, employment76
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 482 | 16 | $52,900 |
| Retail trade | 256 | 40 | $32,506 |
| Transportation and warehousing | 170 | 26 | $58,911 |
| Wholesale trade | 94 | 16 | $74,794 |
| Construction | 76 | 21 | $41,275 |
| Administrative and support and waste management services | 76 | 30 | $33,609 |
| Finance and insurance | 48 | 24 | $57,441 |
| Other services, except public administration | 37 | 26 | $16,954 |
Manufacturing is the largest private sector at 482 jobs, 17.6 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Charlotte County
How many businesses are in Charlotte County?
- Establishments, all industries220
- Employment at those establishments1,762
- Annual payroll$71.6 m
- Establishments per 1,000 residents19.3
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.
Charlotte County
Building permits in Charlotte County
- Housing units authorized by permit, 202439
- Declared construction value permitted$6.9 m
- Single family units authorized39
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$175,790
- Units authorized per 1,000 households8.3
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.
Charlotte County
SBA loans in Charlotte County (7(a) and 504)
- 7(a) approvals recorded4
- 7(a) gross approval dollars$1.8 m
- Average 7(a) approval$462,125
- Median 7(a) approval$161,250
- Largest single approval$1,376,000
- Jobs reported supported, 7(a)30
- Jobs per approval7.5
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- 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 shorter3
- Franchise loans0
- Franchise share of approvals0.0 percent
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Charlotte County
SBA loan default and charge-off rates in Charlotte County
Do SBA loans in Charlotte County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure3
- Status: Cancelled1
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.
Charlotte County
SBA lending by place in Charlotte County
- Borrower cities with recorded lending3
- Keysville, approvals2
- Phenix, approvals1
- Wylliesburg, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Keysville | 2 | $1,526,000 |
| Phenix | 1 | $172,500 |
| Wylliesburg | 1 | $150,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Charlotte County
How large is Charlotte County?
- Land area475 sq mi
- Rank by land area among Virginia counties29th of 133
- Width, east to west25.5 mi
- Height, north to south38 mi
- Geographies sharing a boundary6
- Residents per square mile of land24
- Establishments per square mile0.46
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.
Charlotte County
Flood risk in Charlotte County
- Participation of the county's own NFIP community Charlotte County, unincorporated areasParticipating, community 510333
- Communities in the county in the NFIP Community Status Book5
- Of those, participating in the NFIP5
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Charlotte County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Charlotte County (community 510333), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Charlotte County in radon zone 2, a predicted average indoor radon screening level from 2 to 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 Charlotte 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 Charlotte County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202411,422
- Households4,704
- Average household size2.43
- Median household income$58,000
- Median age44.5
Common questions
Charlotte County questions, answered from the record.
How many people live in Charlotte County, Virginia?
The Census Bureau estimates 11,258 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 11,422, in 4,704 households, ranking 110th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Charlotte County's population growing?
The population has fallen 2.36 percent since the 2020 census base of 11,530, to 11,258 on July 1, 2024. In 2024 there were 115 births against 180 deaths, with net migration of -64. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Charlotte County?
$58,000. The median owner-occupied home is valued at $144,100, which is 2.5 times income, and median gross rent is $732 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Charlotte County?
220 establishments, employing 1,762 people with an annual payroll of $71.6 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 Charlotte County?
Manufacturing is the largest private sector at 482 jobs, 17.6 percent of covered employment. Covered employment averages 2,737 jobs at an average annual pay of $46,079, or $886 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Charlotte County?
4 7(a) approvals totaling $1.8 m since FY2020, across 3 lenders, with a median approval of $161,250. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Charlotte County?
39 housing units were authorized by permit in 2024, with a declared construction value of $6.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Charlotte County?
Zone 2, a predicted average indoor radon screening level from 2 to 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 Charlotte County come from?
The largest single origin is Prince Edward County, with 27 households. Arriving households report an average income of $57,297 against $43,884 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Charlotte 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 Charlotte 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.
Charlotte County
Cities and places in Charlotte.
4 Census places lie wholly or partly in Charlotte County. All 4 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 |
|---|---|---|---|---|
| Keysville | town | 988 | 2 | Wholly in this county |
| Charlotte Court House | town | 673 | None recorded | Wholly in this county |
| Drakes Branch | town | 435 | None recorded | Wholly in this county |
| Phenix | town | 418 | 1 | Wholly in this county |
A further 1 of the county's 4 SBA 7(a) approvals are to borrowers in cities that match no Census place in Charlotte County, the largest being Wylliesburg (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.
Nearby