Cumberland County, Virginia: commercial real estate data.
Cumberland County, Virginia had an estimated 10,062 residents on July 1, 2024, up 3.8 percent since the 2020 census base of 9,689, across 297 square miles. County output reached $231.9 m in 2024, 145 establishments operate here, and the SBA record carries 2 7(a) approvals worth $83,700 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Cumberland County
How many people live in Cumberland County
- Population, American Community Survey 2020-20249,818
- Households4,010
- Average household size2.45
- Median household income$55,325
- Median age43.5
- Median gross rent$877 per month
- Median owner-occupied home value$239,300
- Home value to household income4.3 times
- Annual rent as a share of median income19.0 percent
- Adults 25 and over with a bachelor degree or higher20.9 percent
- Adults 25 and over with a graduate degree7.9 percent
- Adults 25 and over7,299
- Population under 181,919
- Share under 1819.5 percent
- Population 65 and over2,312
- Share 65 and over23.5 percent
- Working age population, 18 to 645,587
- Civilian labor force4,865
- Unemployment rate3.3 percent
- Labor force participation, adults 18 and over61.6 percent
- Rank by population among Virginia counties116th of 133
- Rank by population among US county-equivalents, Puerto Rico included2496th of 3,222
Cumberland County is the 116th largest of 133 Virginia counties by population. A median home costs 4.3 times median household income, which is seriously unaffordable by national standards. Residents 65 and over outnumber those under 18, at 23.5 percent against 19.5 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.
Cumberland County
Is Cumberland County's population growing?
- Population, July 1, 202410,062
- Census 2020 base population9,689
- Population change since the 2020 census base3.85 percent
- Population change, 2023 to 2024187
- Births, 202487
- Deaths, 2024120
- Natural change, 2024-33
- Net domestic migration, 2024208
- Net international migration, 202413
- Total net migration, 2024221
- Cumulative net domestic migration, 2021 to 2024531
- Rank by growth among US county-equivalents714th of 3,144
The county has grown 3.85 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.
Cumberland County
Where are people moving to Cumberland County from?
- Tax returns filed by households arriving302
- People arriving, from those returns566
- Tax returns filed by households leaving295
- Net household movement7
- Adjusted gross income arriving$15.3 m
- Net adjusted gross income movement$315,000
- Average income of an arriving household$50,513
- Average income of a leaving household$50,644
- Largest single originPrince Edward County (42 households)
- Largest single destinationPrince Edward County (55 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Prince Edward County | 42 | 88 | $1.7 m |
| Powhatan County | 40 | 87 | $2.0 m |
| Chesterfield County | 30 | 53 | $2.3 m |
| Henrico County | 30 | 47 | $1.2 m |
| Buckingham County | 22 | 44 | $1.2 m |
Households arriving report $131 less average income than households leaving, which drains spending power even where headcount holds up. 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.
Cumberland County
What is the Cumberland County economy?
- County GDP, 2024$231.9 m
- County GDP, 2023$207.8 m
- GDP change, 2023 to 202411.6 percent
- GDP change over five years66.3 percent
- Rank by GDP among the Virginia areas BEA publishes102nd of 105
- Rank by GDP among the US county areas BEA publishes2841st of 3,127
- GDP per resident$23,616
Output grew 11.6 percent in the latest year and 66.3 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.
Cumberland County
Employment by industry in Cumberland County
- Covered employment, annual average1,444
- Establishments reporting256
- Average annual pay$45,970
- Average weekly wage$884
- Retail trade, employment157
- Retail trade, average annual pay$34,696
- Manufacturing, employment140
- Manufacturing, average annual pay$49,143
- Construction, employment125
- Construction, average annual pay$47,341
- Professional, scientific and technical services, employment124
- Professional, scientific and technical services, average annual pay$37,555
- Agriculture, forestry, fishing and hunting, employment44
- Other services, except public administration, employment44
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 157 | 25 | $34,696 |
| Manufacturing | 140 | 8 | $49,143 |
| Construction | 125 | 38 | $47,341 |
| Professional, scientific and technical services | 124 | 18 | $37,555 |
| Agriculture, forestry, fishing and hunting | 44 | 9 | $41,192 |
| Other services, except public administration | 44 | 20 | $63,376 |
| Finance and insurance | 23 | 8 | $75,392 |
Retail trade is the largest private sector at 157 jobs, 10.9 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Cumberland County
How many businesses are in Cumberland County?
- Establishments, all industries145
- Employment at those establishments823
- Annual payroll$34.8 m
- Establishments per 1,000 residents14.8
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.
Cumberland County
Building permits in Cumberland County
- Housing units authorized by permit, 202480
- Declared construction value permitted$14.4 m
- Single family units authorized70
- Multifamily units authorized10
- Multifamily share of units12.5 percent
- Average declared value per unit$179,874
- Units authorized per 1,000 households20.0
Single-family homes are 87.5 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Cumberland County
SBA loans in Cumberland County (7(a) and 504)
- 7(a) approvals recorded2
- 7(a) gross approval dollars$83,700
- Average 7(a) approval$41,850
- Median 7(a) approval$41,850
- Largest single approval$68,700
- Jobs reported supported, 7(a)7
- Jobs per approval3.5
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals2
- 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 shorter2
- 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.
Cumberland County
SBA loan default and charge-off rates in Cumberland County
Do SBA loans in Cumberland County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Cancelled1
- Status: Exempt from disclosure1
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.
Cumberland County
SBA lending by place in Cumberland County
- Borrower cities with recorded lending2
- Powhatan, approvals1
- Cumberland, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Powhatan | 1 | $68,700 |
| Cumberland | 1 | $15,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cumberland County
How large is Cumberland County?
- Land area297 sq mi
- Rank by land area among Virginia counties68th of 133
- Width, east to west21.5 mi
- Height, north to south30.3 mi
- Geographies sharing a boundary6
- Residents per square mile of land33
- Establishments per square mile0.49
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.
Cumberland County
Flood risk in Cumberland County
- Participation of the county's own NFIP community Cumberland County, unincorporated areasParticipating, community 510043
- 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 Cumberland 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 Cumberland County (community 510043), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Cumberland 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 Cumberland 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 Cumberland County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20249,818
- Households4,010
- Average household size2.45
- Median household income$55,325
- Median age43.5
Common questions
Cumberland County questions, answered from the record.
How many people live in Cumberland County, Virginia?
The Census Bureau estimates 10,062 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 9,818, in 4,010 households, ranking 116th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Cumberland County's population growing?
The population has grown 3.85 percent since the 2020 census base of 9,689, to 10,062 on July 1, 2024. In 2024 there were 87 births against 120 deaths, with net migration of 221. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Cumberland County?
$55,325. The median owner-occupied home is valued at $239,300, which is 4.3 times income, and median gross rent is $877 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Cumberland County?
145 establishments, employing 823 people with an annual payroll of $34.8 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 Cumberland County?
Retail trade is the largest private sector at 157 jobs, 10.9 percent of covered employment. Covered employment averages 1,444 jobs at an average annual pay of $45,970, or $884 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Cumberland County?
2 7(a) approvals totaling $83,700 since FY2020, across 2 lenders, with a median approval of $41,850. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Cumberland County?
80 housing units were authorized by permit in 2024, with a declared construction value of $14.4 m. Multifamily was 12.5 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Cumberland 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 Cumberland County come from?
The largest single origin is Prince Edward County, with 42 households. Arriving households report an average income of $50,513 against $50,644 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Cumberland 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 Cumberland 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.
Cumberland County
Cities and places in Cumberland.
2 Census places lie wholly or partly in Cumberland County. All 2 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 |
|---|---|---|---|---|
| Farmville | town | 7,774 | None recorded | 8.7 percent here, 91.3 percent Prince Edward County |
| Cumberland | CDP | 273 | 1 | Wholly in this county |
A further 1 of the county's 2 SBA 7(a) approvals are to borrowers in cities that match no Census place in Cumberland County, the largest being Powhatan (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