Lunenburg County, Virginia: commercial real estate data.
Lunenburg County, Virginia had an estimated 12,060 residents on July 1, 2024, up 1.0 percent since the 2020 census base of 11,939, across 432 square miles. County output reached $340.5 m in 2024, 170 establishments operate here, and the SBA record carries 1 7(a) approvals worth $180,800 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lunenburg County
How many people live in Lunenburg County
- Population, American Community Survey 2020-202412,016
- Households4,771
- Average household size2.52
- Median household income$54,842
- Median age44.6
- Median gross rent$742 per month
- Median owner-occupied home value$150,100
- Home value to household income2.7 times
- Annual rent as a share of median income16.2 percent
- Adults 25 and over with a bachelor degree or higher11.6 percent
- Adults 25 and over with a graduate degree4.2 percent
- Adults 25 and over8,799
- Population under 182,350
- Share under 1819.6 percent
- Population 65 and over2,793
- Share 65 and over23.2 percent
- Working age population, 18 to 646,873
- Civilian labor force4,660
- Unemployment rate3.6 percent
- Labor force participation, adults 18 and over48.2 percent
- Rank by population among Virginia counties109th of 133
- Rank by population among US county-equivalents, Puerto Rico included2351st of 3,222
Lunenburg County is the 109th largest of 133 Virginia counties by population. A median home costs 2.7 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 23.2 percent against 19.6 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.
Lunenburg County
Is Lunenburg County's population growing?
- Population, July 1, 202412,060
- Census 2020 base population11,939
- Population change since the 2020 census base1.01 percent
- Population change, 2023 to 202418
- Births, 2024108
- Deaths, 2024169
- Natural change, 2024-61
- Net domestic migration, 202454
- Net international migration, 202426
- Total net migration, 202480
- Cumulative net domestic migration, 2021 to 2024265
- Rank by growth among US county-equivalents1485th of 3,144
The county has grown 1.01 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.
Lunenburg County
Where are people moving to Lunenburg County from?
- Tax returns filed by households arriving292
- People arriving, from those returns580
- Tax returns filed by households leaving293
- Net household movement-1
- Adjusted gross income arriving$13.5 m
- Net adjusted gross income movement$2.3 m
- Average income of an arriving household$46,182
- Average income of a leaving household$38,188
- Largest single originMecklenburg County (35 households)
- Largest single destinationMecklenburg County (44 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Mecklenburg County | 35 | 71 | $1.5 m |
| Nottoway County | 30 | 60 | $1.1 m |
Households arriving report $7,994 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 Mecklenburg 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.
Lunenburg County
What is the Lunenburg County economy?
- County GDP, 2024$340.5 m
- County GDP, 2023$321.1 m
- GDP change, 2023 to 20246.0 percent
- GDP change over five years33.1 percent
- Rank by GDP among the Virginia areas BEA publishes98th of 105
- Rank by GDP among the US county areas BEA publishes2639th of 3,127
- GDP per resident$28,339
Output grew 6.0 percent in the latest year and 33.1 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.
Lunenburg County
Employment by industry in Lunenburg County
- Covered employment, annual average2,357
- Establishments reporting356
- Average annual pay$47,706
- Average weekly wage$917
- Manufacturing, employment314
- Manufacturing, average annual pay$50,186
- Retail trade, employment186
- Retail trade, average annual pay$26,739
- Construction, employment114
- Construction, average annual pay$69,650
- Wholesale trade, employment63
- Wholesale trade, average annual pay$74,248
- Other services, except public administration, employment60
- Agriculture, forestry, fishing and hunting, employment54
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 314 | 11 | $50,186 |
| Retail trade | 186 | 27 | $26,739 |
| Construction | 114 | 22 | $69,650 |
| Wholesale trade | 63 | 9 | $74,248 |
| Other services, except public administration | 60 | 30 | $27,129 |
| Agriculture, forestry, fishing and hunting | 54 | 13 | $60,709 |
| Transportation and warehousing | 31 | 12 | $48,402 |
Manufacturing is the largest private sector at 314 jobs, 13.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Lunenburg County
How many businesses are in Lunenburg County?
- Establishments, all industries170
- Employment at those establishments1,415
- Annual payroll$62.1 m
- Establishments per 1,000 residents14.1
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.
Lunenburg County
Building permits in Lunenburg County
- Housing units authorized by permit, 202425
- Declared construction value permitted$6.9 m
- Single family units authorized25
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$277,010
- Units authorized per 1,000 households5.2
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.
Lunenburg County
SBA loans in Lunenburg County (7(a) and 504)
- 7(a) approvals recorded1
- 7(a) gross approval dollars$180,800
- Average 7(a) approval$180,800
- Median 7(a) approval$180,800
- Largest single approval$180,800
- Jobs reported supported, 7(a)0
- Jobs per approval0.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term126 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 shorter0
- 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.
Lunenburg County
SBA loan default and charge-off rates in Lunenburg County
Do SBA loans in Lunenburg County get paid back?
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Paid in full1
Only 1 loan has 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.
Lunenburg County
How large is Lunenburg County?
- Land area432 sq mi
- Rank by land area among Virginia counties40th of 133
- Width, east to west27 mi
- Height, north to south23.6 mi
- Geographies sharing a boundary5
- Residents per square mile of land28
- Establishments per square mile0.39
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.
Lunenburg County
Flood risk in Lunenburg County
- Participation of the county's own NFIP community Lunenburg County, unincorporated areasParticipating, community 510309
- 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 Lunenburg County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Lunenburg County (community 510309), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Lunenburg County in radon zone 2, a predicted average indoor radon screening level from 2 to 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 Lunenburg 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 Lunenburg County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202412,016
- Households4,771
- Average household size2.52
- Median household income$54,842
- Median age44.6
Common questions
Lunenburg County questions, answered from the record.
How many people live in Lunenburg County, Virginia?
The Census Bureau estimates 12,060 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 12,016, in 4,771 households, ranking 109th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Lunenburg County's population growing?
The population has grown 1.01 percent since the 2020 census base of 11,939, to 12,060 on July 1, 2024. In 2024 there were 108 births against 169 deaths, with net migration of 80. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Lunenburg County?
$54,842. The median owner-occupied home is valued at $150,100, which is 2.7 times income, and median gross rent is $742 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Lunenburg County?
170 establishments, employing 1,415 people with an annual payroll of $62.1 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 Lunenburg County?
Manufacturing is the largest private sector at 314 jobs, 13.3 percent of covered employment. Covered employment averages 2,357 jobs at an average annual pay of $47,706, or $917 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Lunenburg County?
1 7(a) approvals totaling $180,800 since FY2020, across 1 lenders, with a median approval of $180,800. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Lunenburg County?
25 housing units were authorized by permit in 2024, with a declared construction value of $6.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Lunenburg County?
Zone 2, a predicted average indoor radon screening level from 2 to 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 Lunenburg County come from?
The largest single origin is Mecklenburg County, with 35 households. Arriving households report an average income of $46,182 against $38,188 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Lunenburg 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 Lunenburg 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.
Lunenburg County
Cities and places in Lunenburg.
3 Census places lie wholly or partly in Lunenburg County. All 3 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 |
|---|---|---|---|---|
| Victoria | town | 1,595 | None recorded | Wholly in this county |
| Kenbridge | town | 1,432 | None recorded | Wholly in this county |
| Lunenburg | CDP | 42 | 1 | Wholly in this county |
Nearby