Giles County, Virginia: commercial real estate data.
Giles County, Virginia had an estimated 16,533 residents on July 1, 2024, down 1.5 percent since the 2020 census base of 16,790, across 356 square miles. County output reached $923.4 m in 2024, 299 establishments operate here, and the SBA record carries 5 7(a) approvals worth $1.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Giles County
How many people live in Giles County
- Population, American Community Survey 2020-202416,557
- Households6,698
- Average household size2.47
- Median household income$65,691
- Median age45.4
- Median gross rent$789 per month
- Median owner-occupied home value$151,100
- Home value to household income2.3 times
- Annual rent as a share of median income14.4 percent
- Adults 25 and over with a bachelor degree or higher17.6 percent
- Adults 25 and over with a graduate degree8.8 percent
- Adults 25 and over12,100
- Population under 183,274
- Share under 1819.8 percent
- Population 65 and over3,582
- Share 65 and over21.6 percent
- Working age population, 18 to 649,701
- Civilian labor force7,680
- Unemployment rate2.1 percent
- Labor force participation, adults 18 and over57.8 percent
- Rank by population among Virginia counties92nd of 133
- Rank by population among US county-equivalents, Puerto Rico included2067th of 3,222
Giles County is the 92nd largest of 133 Virginia counties by population. A median home costs 2.3 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 21.6 percent against 19.8 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.
Giles County
Is Giles County's population growing?
- Population, July 1, 202416,533
- Census 2020 base population16,790
- Population change since the 2020 census base-1.53 percent
- Population change, 2023 to 202472
- Births, 2024154
- Deaths, 2024265
- Natural change, 2024-111
- Net domestic migration, 2024186
- Net international migration, 2024-3
- Total net migration, 2024183
- Cumulative net domestic migration, 2021 to 2024309
- Rank by growth among US county-equivalents2370th of 3,144
The county has lost 1.53 percent of its population 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.
Giles County
Where are people moving to Giles County from?
- Tax returns filed by households arriving362
- People arriving, from those returns671
- Tax returns filed by households leaving312
- Net household movement50
- Adjusted gross income arriving$19.9 m
- Net adjusted gross income movement$4.1 m
- Average income of an arriving household$54,975
- Average income of a leaving household$50,696
- Largest single originMontgomery County (95 households)
- Largest single destinationMontgomery County (68 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Montgomery County | 95 | 178 | $6.7 m |
| Pulaski County | 21 | 33 | $891,000 |
| Monroe County | 20 | 45 | $651,000 |
Households arriving report $4,279 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 Montgomery 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.
Giles County
What is the Giles County economy?
- County GDP, 2024$923.4 m
- County GDP, 2023$929.5 m
- GDP change, 2023 to 2024-0.7 percent
- GDP change over five years65.0 percent
- Rank by GDP among the Virginia areas BEA publishes69th of 105
- Rank by GDP among the US county areas BEA publishes1903rd of 3,127
- GDP per resident$55,768
Output grew -0.7 percent in the latest year and 65.0 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.
Giles County
Employment by industry in Giles County
- Covered employment, annual average5,892
- Establishments reporting445
- Average annual pay$64,150
- Average weekly wage$1,234
- Retail trade, employment794
- Retail trade, average annual pay$33,387
- Accommodation and food services, employment441
- Accommodation and food services, average annual pay$24,265
- Professional, scientific and technical services, employment364
- Professional, scientific and technical services, average annual pay$84,689
- Other services, except public administration, employment174
- Other services, except public administration, average annual pay$59,607
- Finance and insurance, employment72
- Information, employment59
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 794 | 69 | $33,387 |
| Accommodation and food services | 441 | 34 | $24,265 |
| Professional, scientific and technical services | 364 | 38 | $84,689 |
| Other services, except public administration | 174 | 32 | $59,607 |
| Finance and insurance | 72 | 14 | $63,096 |
| Information | 59 | 4 | $45,904 |
| Transportation and warehousing | 56 | 8 | $48,525 |
| Administrative and support and waste management services | 27 | 13 | $48,801 |
Retail trade is the largest private sector at 794 jobs, 13.5 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Giles County
How many businesses are in Giles County?
- Establishments, all industries299
- Employment at those establishments3,774
- Annual payroll$189.1 m
- Establishments per 1,000 residents18.1
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.
Giles County
Building permits in Giles County
- Housing units authorized by permit, 202423
- Declared construction value permitted$5.2 m
- Single family units authorized23
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$225,876
- Units authorized per 1,000 households3.4
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.
Giles County
SBA loans in Giles County (7(a) and 504)
- 7(a) approvals recorded5
- 7(a) gross approval dollars$1.6 m
- Average 7(a) approval$318,400
- Median 7(a) approval$157,500
- Largest single approval$873,500
- Jobs reported supported, 7(a)22
- Jobs per approval4.4
- Distinct 7(a) lenders active4
- 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 shorter3
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded3
- 504 gross approval dollars$1.3 m
- Average 504 approval$445,333
- Median 504 approval$463,000
- Distinct CDCs active1
- 504 jobs per approval3.3
- 504 jobs per million dollars approved7.5
- Most active CDCBusiness Finance Group, Inc. (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$2.9 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.
Giles County
SBA loan default and charge-off rates in Giles County
Do SBA loans in Giles County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure4
- 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.
Giles County
SBA lending by place in Giles County
- Borrower cities with recorded lending4
- Pearisburg, approvals2
- Glen Lyn, approvals1
- Pembroke, approvals1
- Ripplemead, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Pearisburg | 2 | $1,304,500 |
| Glen Lyn | 1 | $157,500 |
| Pembroke | 1 | $105,000 |
| Ripplemead | 1 | $25,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Giles County
How large is Giles County?
- Land area356 sq mi
- Rank by land area among Virginia counties53rd of 133
- Width, east to west32 mi
- Height, north to south23.1 mi
- Geographies sharing a boundary7
- Residents per square mile of land47
- Establishments per square mile0.84
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.
Giles County
Flood risk in Giles County
- Participation of the county's own NFIP community Giles County, unincorporated areasParticipating, community 510067
- Communities in the county in the NFIP Community Status Book6
- Of those, participating in the NFIP6
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Giles 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 Giles County (community 510067), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Giles 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 Giles 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 Giles County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202416,557
- Households6,698
- Average household size2.47
- Median household income$65,691
- Median age45.4
Common questions
Giles County questions, answered from the record.
How many people live in Giles County, Virginia?
The Census Bureau estimates 16,533 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 16,557, in 6,698 households, ranking 92nd of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Giles County's population growing?
The population has fallen 1.53 percent since the 2020 census base of 16,790, to 16,533 on July 1, 2024. In 2024 there were 154 births against 265 deaths, with net migration of 183. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Giles County?
$65,691. The median owner-occupied home is valued at $151,100, which is 2.3 times income, and median gross rent is $789 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Giles County?
299 establishments, employing 3,774 people with an annual payroll of $189.1 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 Giles County?
Retail trade is the largest private sector at 794 jobs, 13.5 percent of covered employment. Covered employment averages 5,892 jobs at an average annual pay of $64,150, or $1,234 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Giles County?
5 7(a) approvals totaling $1.6 m since FY2020, across 4 lenders, with a median approval of $157,500, plus 3 504 approvals worth $1.3 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Giles County?
23 housing units were authorized by permit in 2024, with a declared construction value of $5.2 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Giles 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 Giles County come from?
The largest single origin is Montgomery County, with 95 households. Arriving households report an average income of $54,975 against $50,696 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Giles 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 Giles 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.
Giles County
Cities and places in Giles.
7 Census places lie wholly or partly in Giles County. All 7 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 |
|---|---|---|---|---|
| Pearisburg | town | 2,860 | 2 | Wholly in this county |
| Narrows | town | 1,935 | None recorded | Wholly in this county |
| Pembroke | town | 996 | 1 | Wholly in this county |
| Rich Creek | town | 776 | None recorded | Wholly in this county |
| Ripplemead | CDP | 294 | 1 | Wholly in this county |
| Eggleston | CDP | 117 | None recorded | Wholly in this county |
| Glen Lyn | town | 68 | 1 | Wholly in this county |