HomeVirginiaColonial Heights city
Colonial Heights city, Virginia: commercial real estate data.
Colonial Heights city, Virginia had an estimated 18,674 residents on July 1, 2024, up 2.9 percent since the 2020 census base of 18,146, across 8 square miles. 630 establishments operate here, and the SBA record carries 17 7(a) approvals worth $7.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Colonial Heights city
How many people live in Colonial Heights city
- Population, American Community Survey 2020-202418,352
- Households7,530
- Average household size2.44
- Median household income$76,505
- Median age38.2
- Median gross rent$1,234 per month
- Median owner-occupied home value$246,600
- Home value to household income3.2 times
- Annual rent as a share of median income19.4 percent
- Adults 25 and over with a bachelor degree or higher28.0 percent
- Adults 25 and over with a graduate degree10.2 percent
- Adults 25 and over12,582
- Population under 184,508
- Share under 1824.6 percent
- Population 65 and over3,364
- Share 65 and over18.3 percent
- Working age population, 18 to 6410,480
- Civilian labor force9,129
- Unemployment rate3.6 percent
- Labor force participation, adults 18 and over65.9 percent
- Rank by population among Virginia independent cities84th of 133
- Rank by population among US county-equivalents, Puerto Rico included1971st of 3,222
Colonial Heights city is the 84th largest of 133 Virginia independent cities by population. A median home costs 3.2 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 24.6 percent against 18.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Colonial Heights city
Is Colonial Heights city's population growing?
- Population, July 1, 202418,674
- Census 2020 base population18,146
- Population change since the 2020 census base2.91 percent
- Population change, 2023 to 2024228
- Births, 2024256
- Deaths, 2024280
- Natural change, 2024-24
- Net domestic migration, 2024179
- Net international migration, 202478
- Total net migration, 2024257
- Cumulative net domestic migration, 2021 to 2024472
- Rank by growth among US county-equivalents895th of 3,144
The county has grown 2.91 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.
Colonial Heights city
Where are people moving to Colonial Heights city from?
- Tax returns filed by households arriving877
- People arriving, from those returns1,611
- Tax returns filed by households leaving907
- Net household movement-30
- Adjusted gross income arriving$40.0 m
- Net adjusted gross income movement$-3.1 m
- Average income of an arriving household$45,603
- Average income of a leaving household$47,514
- Largest single originChesterfield County (279 households)
- Largest single destinationChesterfield County (259 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Chesterfield County | 279 | 495 | $12.2 m |
| Petersburg city | 107 | 202 | $3.7 m |
| Dinwiddie County | 60 | 116 | $2.2 m |
| Prince George County | 54 | 90 | $2.3 m |
| Hopewell city | 51 | 116 | $2.2 m |
| Richmond city | 48 | 82 | $1.9 m |
| Henrico County | 38 | 71 | $2.2 m |
Households arriving report $1,911 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Chesterfield 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.
Colonial Heights city
Employment by industry in Colonial Heights city
- Covered employment, annual average9,693
- Establishments reporting757
- Average annual pay$43,347
- Average weekly wage$834
- Retail trade, employment2,752
- Retail trade, average annual pay$29,704
- Accommodation and food services, employment1,973
- Accommodation and food services, average annual pay$23,498
- Health care and social assistance, employment1,604
- Health care and social assistance, average annual pay$60,647
- Other services, except public administration, employment424
- Other services, except public administration, average annual pay$43,598
- Professional, scientific and technical services, employment379
- Wholesale trade, employment250
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 2,752 | 145 | $29,704 |
| Accommodation and food services | 1,973 | 80 | $23,498 |
| Health care and social assistance | 1,604 | 186 | $60,647 |
| Other services, except public administration | 424 | 63 | $43,598 |
| Professional, scientific and technical services | 379 | 46 | $61,771 |
| Wholesale trade | 250 | 20 | $68,158 |
| Finance and insurance | 248 | 46 | $84,722 |
| Construction | 182 | 31 | $61,776 |
Retail trade is the largest private sector at 2,752 jobs, 28.4 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Colonial Heights city
How many businesses are in Colonial Heights city?
- Establishments, all industries630
- Employment at those establishments8,953
- Annual payroll$304.8 m
- Establishments per 1,000 residents34.3
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.
Colonial Heights city
Building permits in Colonial Heights city
- Housing units authorized by permit, 202417
- Declared construction value permitted$2.9 m
- Single family units authorized17
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$167,941
- Units authorized per 1,000 households2.3
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.
Colonial Heights city
SBA loans in Colonial Heights city (7(a) and 504)
- 7(a) approvals recorded17
- 7(a) gross approval dollars$7.1 m
- Average 7(a) approval$419,453
- Median 7(a) approval$175,000
- Largest single approval$1,575,000
- Jobs reported supported, 7(a)197
- Jobs per approval11.6
- Distinct 7(a) lenders active14
- Distinct industries receiving approvals16
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer11.8 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter12
- Franchise loans4
- Franchise share of approvals23.5 percent
- 504 approvals recorded2
- 504 gross approval dollars$1.1 m
- Average 504 approval$526,500
- Median 504 approval$526,500
- Distinct CDCs active2
- 504 jobs per approval11.5
- 504 jobs per million dollars approved21.8
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$8.2 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.
Colonial Heights city
SBA loan default and charge-off rates in Colonial Heights city
Do SBA loans in Colonial Heights city get paid back?
- Loans with a final outcome recorded5
- Paid in full5
- Charged off0
- Status: Paid in full5
- Status: Exempt from disclosure11
- Status: Cancelled1
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.
Colonial Heights city
SBA lending by place in Colonial Heights city
- Borrower cities with recorded lending2
- Colonial Heights, approvals16
- South Chesterfield, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Colonial Heights | 16 | $7,034,000 |
| South Chesterfield | 1 | $96,700 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Colonial Heights city
How large is Colonial Heights city?
- Land area8 sq mi
- Rank by land area among Virginia independent cities125th of 133
- Width, east to west3.8 mi
- Height, north to south3.4 mi
- Geographies sharing a boundary2
- Residents per square mile of land2,294
- Establishments per square mile78.75
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.
Colonial Heights city
Flood risk in Colonial Heights city
- Participation of the county's own NFIP community Colonial Heights, city ofParticipating, community 510039
- Communities in the county in the NFIP Community Status Book1
- Of those, participating in the NFIP1
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Colonial Heights 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 Colonial Heights (community 510039), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Colonial Heights 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. 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 Colonial Heights 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 Colonial Heights city site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202418,352
- Households7,530
- Average household size2.44
- Median household income$76,505
- Median age38.2
Common questions
Colonial Heights city questions, answered from the record.
How many people live in Colonial Heights city, Virginia?
The Census Bureau estimates 18,674 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 18,352, in 7,530 households, ranking 84th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Colonial Heights city's population growing?
The population has grown 2.91 percent since the 2020 census base of 18,146, to 18,674 on July 1, 2024. In 2024 there were 256 births against 280 deaths, with net migration of 257. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Colonial Heights city?
$76,505. The median owner-occupied home is valued at $246,600, which is 3.2 times income, and median gross rent is $1,234 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Colonial Heights city?
630 establishments, employing 8,953 people with an annual payroll of $304.8 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 Colonial Heights city?
Retail trade is the largest private sector at 2,752 jobs, 28.4 percent of covered employment. Covered employment averages 9,693 jobs at an average annual pay of $43,347, or $834 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Colonial Heights city?
17 7(a) approvals totaling $7.1 m since FY2020, across 14 lenders, with a median approval of $175,000, plus 2 504 approvals worth $1.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Colonial Heights city?
17 housing units were authorized by permit in 2024, with a declared construction value of $2.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Colonial Heights 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 Colonial Heights city come from?
The largest single origin is Chesterfield County, with 279 households. Arriving households report an average income of $45,603 against $47,514 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Colonial Heights 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 Colonial Heights 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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