Powhatan County, Virginia: commercial real estate data.
Powhatan County, Virginia had an estimated 32,392 residents on July 1, 2024, up 6.8 percent since the 2020 census base of 30,342, across 260 square miles. County output reached $1.26 bn in 2024, 740 establishments operate here, and the SBA record carries 16 7(a) approvals worth $10.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Powhatan County
How many people live in Powhatan County
- Population, American Community Survey 2020-202431,555
- Households11,325
- Average household size2.79
- Median household income$110,537
- Median age45.8
- Median gross rent$1,168 per month
- Median owner-occupied home value$416,000
- Home value to household income3.8 times
- Annual rent as a share of median income12.7 percent
- Adults 25 and over with a bachelor degree or higher35.0 percent
- Adults 25 and over with a graduate degree10.9 percent
- Adults 25 and over23,766
- Population under 185,770
- Share under 1818.3 percent
- Population 65 and over6,257
- Share 65 and over19.8 percent
- Working age population, 18 to 6419,528
- Civilian labor force16,471
- Unemployment rate3.6 percent
- Labor force participation, adults 18 and over63.9 percent
- Rank by population among Virginia counties56th of 133
- Rank by population among US county-equivalents, Puerto Rico included1429th of 3,222
Powhatan County is the 56th largest of 133 Virginia counties by population. A median home costs 3.8 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 19.8 percent against 18.3 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.
Powhatan County
Is Powhatan County's population growing?
- Population, July 1, 202432,392
- Census 2020 base population30,342
- Population change since the 2020 census base6.76 percent
- Population change, 2023 to 2024279
- Births, 2024284
- Deaths, 2024289
- Natural change, 2024-5
- Net domestic migration, 2024246
- Net international migration, 202442
- Total net migration, 2024288
- Cumulative net domestic migration, 2021 to 20241,932
- Rank by growth among US county-equivalents320th of 3,144
The county has grown 6.76 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.
Powhatan County
Where are people moving to Powhatan County from?
- Tax returns filed by households arriving1,008
- People arriving, from those returns1,881
- Tax returns filed by households leaving836
- Net household movement172
- Adjusted gross income arriving$112.7 m
- Net adjusted gross income movement$52.3 m
- Average income of an arriving household$111,763
- Average income of a leaving household$72,153
- Largest single originChesterfield County (367 households)
- Largest single destinationChesterfield County (238 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Chesterfield County | 367 | 709 | $36.8 m |
| Henrico County | 113 | 197 | $11.7 m |
| Richmond city | 68 | 105 | $4.8 m |
| Cumberland County | 29 | 68 | $1.9 m |
| Goochland County | 23 | 55 | $2.5 m |
| Amelia County | 22 | 40 | $953,000 |
| Hanover County | 20 | 37 | $2.0 m |
Households arriving report $39,610 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 Chesterfield 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.
Powhatan County
What is the Powhatan County economy?
- County GDP, 2024$1.26 bn
- County GDP, 2023$1.16 bn
- GDP change, 2023 to 20248.9 percent
- GDP change over five years42.7 percent
- Rank by GDP among the Virginia areas BEA publishes61st of 105
- Rank by GDP among the US county areas BEA publishes1655th of 3,127
- GDP per resident$39,930
Output grew 8.9 percent in the latest year and 42.7 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.
Powhatan County
Employment by industry in Powhatan County
- Covered employment, annual average8,331
- Establishments reporting890
- Average annual pay$54,627
- Average weekly wage$1,051
- Construction, employment1,860
- Construction, average annual pay$68,137
- Retail trade, employment840
- Retail trade, average annual pay$35,801
- Accommodation and food services, employment681
- Accommodation and food services, average annual pay$23,412
- Administrative and support and waste management services, employment589
- Administrative and support and waste management services, average annual pay$59,019
- Arts, entertainment and recreation, employment434
- Health care and social assistance, employment372
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Construction | 1,860 | 206 | $68,137 |
| Retail trade | 840 | 69 | $35,801 |
| Accommodation and food services | 681 | 38 | $23,412 |
| Administrative and support and waste management services | 589 | 67 | $59,019 |
| Arts, entertainment and recreation | 434 | 17 | $21,149 |
| Health care and social assistance | 372 | 98 | $53,078 |
| Manufacturing | 269 | 24 | $68,852 |
| Wholesale trade | 268 | 47 | $69,806 |
Construction is the largest private sector at 1,860 jobs, 22.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Powhatan County
How many businesses are in Powhatan County?
- Establishments, all industries740
- Employment at those establishments6,397
- Annual payroll$314.3 m
- Establishments per 1,000 residents23.5
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.
Powhatan County
Building permits in Powhatan County
- Housing units authorized by permit, 2024115
- Declared construction value permitted$30.7 m
- Single family units authorized115
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$266,579
- Units authorized per 1,000 households10.2
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.
Powhatan County
SBA loans in Powhatan County (7(a) and 504)
- 7(a) approvals recorded16
- 7(a) gross approval dollars$10.2 m
- Average 7(a) approval$639,506
- Median 7(a) approval$282,500
- Largest single approval$4,400,000
- Jobs reported supported, 7(a)70
- Jobs per approval4.4
- Distinct 7(a) lenders active10
- Distinct industries receiving approvals15
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer6.3 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter13
- Franchise loans3
- Franchise share of approvals18.8 percent
- 504 approvals recorded9
- 504 gross approval dollars$4.1 m
- Average 504 approval$450,222
- Median 504 approval$462,000
- Distinct CDCs active3
- 504 jobs per approval16.0
- 504 jobs per million dollars approved35.5
- Most active CDCBusiness Finance Group, Inc. (6)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$14.3 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.
Powhatan County
SBA loan default and charge-off rates in Powhatan County
Do SBA loans in Powhatan County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure12
- Status: Cancelled3
- Status: Committed, not yet disbursed1
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.
Powhatan County
SBA lending by place in Powhatan County
- Borrower cities with recorded lending2
- Powhatan, approvals15
- Midlothian, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Powhatan | 15 | $9,822,100 |
| Midlothian | 1 | $410,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Powhatan County
How large is Powhatan County?
- Land area260 sq mi
- Rank by land area among Virginia counties77th of 133
- Width, east to west26.2 mi
- Height, north to south18.9 mi
- Geographies sharing a boundary4
- Residents per square mile of land121
- Establishments per square mile2.85
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.
Powhatan County
Flood risk in Powhatan County
- Participation of the county's own NFIP community Powhatan County, unincorporated areasParticipating, community 510117
- 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 Powhatan 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 Powhatan County (community 510117), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Powhatan 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 Powhatan 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 Powhatan County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202431,555
- Households11,325
- Average household size2.79
- Median household income$110,537
- Median age45.8
Common questions
Powhatan County questions, answered from the record.
How many people live in Powhatan County, Virginia?
The Census Bureau estimates 32,392 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 31,555, in 11,325 households, ranking 56th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Powhatan County's population growing?
The population has grown 6.76 percent since the 2020 census base of 30,342, to 32,392 on July 1, 2024. In 2024 there were 284 births against 289 deaths, with net migration of 288. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Powhatan County?
$110,537. The median owner-occupied home is valued at $416,000, which is 3.8 times income, and median gross rent is $1,168 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Powhatan County?
740 establishments, employing 6,397 people with an annual payroll of $314.3 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 Powhatan County?
Construction is the largest private sector at 1,860 jobs, 22.3 percent of covered employment. Covered employment averages 8,331 jobs at an average annual pay of $54,627, or $1,051 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Powhatan County?
16 7(a) approvals totaling $10.2 m since FY2020, across 10 lenders, with a median approval of $282,500, plus 9 504 approvals worth $4.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Powhatan County?
115 housing units were authorized by permit in 2024, with a declared construction value of $30.7 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Powhatan 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 Powhatan County come from?
The largest single origin is Chesterfield County, with 367 households. Arriving households report an average income of $111,763 against $72,153 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Powhatan 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 Powhatan 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.
Powhatan County
Cities and places in Powhatan.
1 Census place lies wholly or partly in Powhatan 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 |
|---|---|---|---|---|
| Powhatan | CDP | 667 | 15 | Wholly in this county |
A further 1 of the county's 16 SBA 7(a) approvals are to borrowers in cities that match no Census place in Powhatan County, the largest being Midlothian (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