Goochland County, Virginia: commercial real estate data.
Goochland County, Virginia had an estimated 28,223 residents on July 1, 2024, up 14.1 percent since the 2020 census base of 24,746, across 281 square miles. County output reached $4.00 bn in 2024, 756 establishments operate here, and the SBA record carries 14 7(a) approvals worth $7.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Goochland County
How many people live in Goochland County
- Population, American Community Survey 2020-202426,410
- Households10,342
- Average household size2.55
- Median household income$118,931
- Median age50.5
- Median gross rent$1,614 per month
- Median owner-occupied home value$500,600
- Home value to household income4.2 times
- Annual rent as a share of median income16.3 percent
- Adults 25 and over with a bachelor degree or higher45.8 percent
- Adults 25 and over with a graduate degree19.8 percent
- Adults 25 and over20,271
- Population under 184,272
- Share under 1816.2 percent
- Population 65 and over6,635
- Share 65 and over25.1 percent
- Working age population, 18 to 6415,503
- Civilian labor force12,863
- Unemployment rate1.7 percent
- Labor force participation, adults 18 and over58.1 percent
- Rank by population among Virginia counties67th of 133
- Rank by population among US county-equivalents, Puerto Rico included1600th of 3,222
Goochland County is the 67th largest of 133 Virginia counties by population. A median home costs 4.2 times median household income, which is seriously unaffordable by national standards. Residents 65 and over outnumber those under 18, at 25.1 percent against 16.2 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.
Goochland County
Is Goochland County's population growing?
- Population, July 1, 202428,223
- Census 2020 base population24,746
- Population change since the 2020 census base14.05 percent
- Population change, 2023 to 20241,007
- Births, 2024200
- Deaths, 2024263
- Natural change, 2024-63
- Net domestic migration, 20241,047
- Net international migration, 20246
- Total net migration, 20241,053
- Cumulative net domestic migration, 2021 to 20243,567
- Rank by growth among US county-equivalents77th of 3,144
The county has grown 14.05 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.
Goochland County
Where are people moving to Goochland County from?
- Tax returns filed by households arriving1,285
- People arriving, from those returns2,314
- Tax returns filed by households leaving976
- Net household movement309
- Adjusted gross income arriving$209.8 m
- Net adjusted gross income movement$111.2 m
- Average income of an arriving household$163,296
- Average income of a leaving household$101,081
- Largest single originHenrico County (381 households)
- Largest single destinationHenrico County (248 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Henrico County | 381 | 745 | $96.7 m |
| Chesterfield County | 117 | 201 | $14.6 m |
| Richmond city | 103 | 170 | $16.0 m |
| Hanover County | 70 | 139 | $8.9 m |
| Louisa County | 43 | 97 | $4.4 m |
| Powhatan County | 27 | 44 | $1.8 m |
| Fluvanna County | 24 | 36 | $404,000 |
| Fairfax County | 21 | 39 | $4.1 m |
Households arriving report $62,215 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 Henrico 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.
Goochland County
What is the Goochland County economy?
- County GDP, 2024$4.00 bn
- County GDP, 2023$3.91 bn
- GDP change, 2023 to 20242.5 percent
- GDP change over five years27.7 percent
- Rank by GDP among the Virginia areas BEA publishes33rd of 105
- Rank by GDP among the US county areas BEA publishes808th of 3,127
- GDP per resident$151,518
Output grew 2.5 percent in the latest year and 27.7 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.
Goochland County
Employment by industry in Goochland County
- Covered employment, annual average18,663
- Establishments reporting1,065
- Average annual pay$118,433
- Average weekly wage$2,278
- Management of companies and enterprises, employment1,951
- Management of companies and enterprises, average annual pay$145,426
- Construction, employment1,181
- Construction, average annual pay$78,985
- Retail trade, employment1,145
- Retail trade, average annual pay$49,481
- Health care and social assistance, employment920
- Health care and social assistance, average annual pay$56,563
- Arts, entertainment and recreation, employment673
- Accommodation and food services, employment628
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Management of companies and enterprises | 1,951 | 11 | $145,426 |
| Construction | 1,181 | 128 | $78,985 |
| Retail trade | 1,145 | 68 | $49,481 |
| Health care and social assistance | 920 | 109 | $56,563 |
| Arts, entertainment and recreation | 673 | 22 | $32,943 |
| Accommodation and food services | 628 | 37 | $30,486 |
| Administrative and support and waste management services | 583 | 93 | $53,415 |
| Wholesale trade | 389 | 45 | $82,944 |
Management of companies and enterprises is the largest private sector at 1,951 jobs, 10.5 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Goochland County
How many businesses are in Goochland County?
- Establishments, all industries756
- Employment at those establishments24,730
- Annual payroll$3.47 bn
- Establishments per 1,000 residents28.6
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.
Goochland County
Building permits in Goochland County
- Housing units authorized by permit, 2024322
- Declared construction value permitted$105.3 m
- Single family units authorized322
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$327,151
- Units authorized per 1,000 households31.1
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.
Goochland County
SBA loans in Goochland County (7(a) and 504)
- 7(a) approvals recorded14
- 7(a) gross approval dollars$7.1 m
- Average 7(a) approval$508,214
- Median 7(a) approval$247,000
- Largest single approval$3,500,000
- Jobs reported supported, 7(a)98
- Jobs per approval7.0
- Distinct 7(a) lenders active12
- Distinct industries receiving approvals14
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer14.3 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter12
- Franchise loans2
- Franchise share of approvals14.3 percent
- 504 approvals recorded8
- 504 gross approval dollars$3.8 m
- Average 504 approval$472,625
- Median 504 approval$440,000
- Distinct CDCs active3
- 504 jobs per approval3.8
- 504 jobs per million dollars approved7.9
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$10.9 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.
Goochland County
SBA loan default and charge-off rates in Goochland County
Do SBA loans in Goochland County get paid back?
- Loans with a final outcome recorded3
- Paid in full3
- Charged off0
- Status: Exempt from disclosure11
- Status: Paid in full3
Only 3 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.
Goochland County
SBA lending by place in Goochland County
- Borrower cities with recorded lending8
- Rockville, approvals3
- Richmond, approvals3
- Maidens, approvals2
- Goochland, approvals2
- Mineral, approvals1
- Crozier, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Rockville | 3 | $1,390,000 |
| Richmond | 3 | $769,000 |
| Maidens | 2 | $650,000 |
| Goochland | 2 | $500,000 |
| Mineral | 1 | $3,500,000 |
| Crozier | 1 | $244,000 |
| Sandy Hook | 1 | $37,000 |
| Manakin Sabot | 1 | $25,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Goochland County
How large is Goochland County?
- Land area281 sq mi
- Rank by land area among Virginia counties71st of 133
- Width, east to west29 mi
- Height, north to south23.6 mi
- Geographies sharing a boundary6
- Residents per square mile of land94
- Establishments per square mile2.69
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.
Goochland County
Flood risk in Goochland County
- Participation of the county's own NFIP community Goochland County, unincorporated areasParticipating, community 510072
- 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 Goochland 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 Goochland County (community 510072), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Goochland 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 Goochland 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 Goochland County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202426,410
- Households10,342
- Average household size2.55
- Median household income$118,931
- Median age50.5
Common questions
Goochland County questions, answered from the record.
How many people live in Goochland County, Virginia?
The Census Bureau estimates 28,223 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 26,410, in 10,342 households, ranking 67th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Goochland County's population growing?
The population has grown 14.05 percent since the 2020 census base of 24,746, to 28,223 on July 1, 2024. In 2024 there were 200 births against 263 deaths, with net migration of 1,053. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Goochland County?
$118,931. The median owner-occupied home is valued at $500,600, which is 4.2 times income, and median gross rent is $1,614 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Goochland County?
756 establishments, employing 24,730 people with an annual payroll of $3.47 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Goochland County?
Management of companies and enterprises is the largest private sector at 1,951 jobs, 10.5 percent of covered employment. Covered employment averages 18,663 jobs at an average annual pay of $118,433, or $2,278 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Goochland County?
14 7(a) approvals totaling $7.1 m since FY2020, across 12 lenders, with a median approval of $247,000, plus 8 504 approvals worth $3.8 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Goochland County?
322 housing units were authorized by permit in 2024, with a declared construction value of $105.3 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Goochland 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 Goochland County come from?
The largest single origin is Henrico County, with 381 households. Arriving households report an average income of $163,296 against $101,081 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Goochland 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 Goochland 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.
Goochland County
Cities and places in Goochland.
1 Census place lies wholly or partly in Goochland County. It carries enough published place level data for a page of its own and is linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Goochland | CDP | 1,182 | 2 | Wholly in this county |
A further 12 of the county's 14 SBA 7(a) approvals are to borrowers in cities that match no Census place in Goochland County, the largest being Rockville (3), Richmond (3), Maidens (2). 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