HomeVirginiaHalifax CountySouth Boston town
South Boston town, Virginia: commercial real estate data.
South Boston town is a Census town of 7,853 people across 13.06 square miles of land, in Halifax County. Median household income is $44,052, 50.8 percent of occupied homes are owned, and the SBA record carries 10 7(a) approvals to borrowers here worth $20.7 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
South Boston
What South Boston is
- Census place typetown
- Land area13.06 sq mi
- Water area0.09 sq mi
- Population per square mile of land601
- County holding the largest share of its areaHalifax County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
South Boston
How many people live in South Boston
- Population7,853
- Median age44.2
- Population under 181,998
- Share under 1825.4 percent
- Population 65 and over1,972
- Share 65 and over25.1 percent
- Households2,974
- Family households1,650
- Share of households that are families55.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
South Boston
Income and work in South Boston
- Median household income$44,052
- Per capita income$24,139
- Civilian labor force2,953
- Employed2,798
- Unemployed155 plus or minus 77
- Unemployment rate5.2 percent plus or minus 2.5
- Adults 25 and over5,375
- Adults 25 and over with a high school diploma or higher86.8 percent
- Adults 25 and over with a bachelor degree or higher21.2 percent
- Adults 25 and over with a graduate degree8.2 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
South Boston
Housing in South Boston
- Housing units3,666
- Occupied units2,974
- Vacant units692 plus or minus 194
- Vacancy rate18.9 percent plus or minus 5.1
- Owner occupied1,512
- Renter occupied1,462
- Ownership rate50.8 percent
- Median owner-occupied home value$171,200
- Median gross rent, monthly$760
- Annual rent as a share of median income20.7 percent
- Single family units2,676
- Share single family73.0 percent
- Units in buildings of two or more863 plus or minus 248
- Share in buildings of two or more23.5 percent plus or minus 6.5
- Mobile homes127 plus or minus 98
- Median year structure built1969
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
South Boston
How South Boston gets to work
- Workers 16 and over who commute2,526
- Commuting under 15 minutes1,656 plus or minus 331
- Share commuting under 15 minutes65.6 percent
- Commuting 30 minutes or more462 plus or minus 158
- Share commuting 30 minutes or more18.3 percent plus or minus 5.8
- Drove alone83.4 percent
- Carpooled11.1 percent plus or minus 4.6
- Public transport0.2 percent plus or minus 0.1
- Walked0.0 percent
- Worked from home4.4 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
South Boston
SBA loans in South Boston (7(a))
- Approvals10
- Gross approval$20,666,700
- Average approval$2,066,670
- Median approval$2,000,000
- Ninetieth percentile approval$3,975,000
- Largest approval$3,975,000
- Jobs supported124
- Jobs per approval12.4
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more60.0 percent
- Share to franchises50.0 percent
- Distinct lenders5
- Distinct industries by NAICS5
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
South Boston
SBA loans in South Boston (504)
- Approvals1
- Gross approval$743,000
- Average approval$743,000
- Median approval$743,000
- Largest approval$743,000
- Jobs supported4
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Halifax County, not South Boston
Halifax County context, not South Boston figures
These are Halifax County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as South Boston measurements.
- Establishments in Halifax County656
- Employment at those establishments, Halifax County9,748
- Covered employment, Halifax County11,850
- Average annual pay, Halifax County$50,234
- Average weekly wage, Halifax County$966
- Housing units permitted, Halifax County97
- Of those, single family, Halifax County97
- County product, 2024, Halifax County$1,637,780,000
- County product change over the prior year, Halifax County7.8 percent
- Average income of an arriving household, Halifax County$54,456
Every figure in this section is published for Halifax County as a whole and is not a measurement of South Boston. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
South Boston questions, answered from the record.
How many people live in South Boston, Virginia?
7,853, in 2,974 households. South Boston town covers 13.06 square miles of land, which is 601 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is South Boston in?
Halifax County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in South Boston?
$44,052. The median owner-occupied home is valued at $171,200. Median gross rent is $760 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to South Boston businesses?
10 7(a) approvals totalling $20.7 m, across 5 lenders, median approval $2,000,000, plus 1 504 approvals worth $743,000. These count approvals to borrowers whose address is in South Boston, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to South Boston borrowers get paid back?
No rate is published for South Boston. only 3 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page South Boston figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Halifax County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of South Boston.
Is zoning published for South Boston?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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