Williamsburg city, Virginia: commercial real estate data.
Williamsburg city, Virginia had an estimated 16,030 residents on July 1, 2024, up 4.0 percent since the 2020 census base of 15,416, across 9 square miles. 553 establishments operate here, and the SBA record carries 7 7(a) approvals worth $10.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Williamsburg city
How many people live in Williamsburg city
- Population, American Community Survey 2020-202415,798
- Households5,020
- Average household size3.15
- Median household income$75,604
- Median age23.7
- Median gross rent$1,407 per month
- Median owner-occupied home value$428,100
- Home value to household income5.7 times
- Annual rent as a share of median income22.3 percent
- Adults 25 and over with a bachelor degree or higher45.8 percent
- Adults 25 and over with a graduate degree22.5 percent
- Adults 25 and over7,668
- Population under 181,664
- Share under 1810.5 percent
- Population 65 and over2,764
- Share 65 and over17.5 percent
- Working age population, 18 to 6411,370
- Civilian labor force6,905
- Unemployment rate6.8 percent
- Labor force participation, adults 18 and over48.9 percent
- Rank by population among Virginia independent cities94th of 133
- Rank by population among US county-equivalents, Puerto Rico included2109th of 3,222
Williamsburg city is the 94th largest of 133 Virginia independent cities by population. A median home costs 5.7 times median household income, which is severely unaffordable by national standards. Residents 65 and over outnumber those under 18, at 17.5 percent against 10.5 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.
Williamsburg city
Is Williamsburg city's population growing?
- Population, July 1, 202416,030
- Census 2020 base population15,416
- Population change since the 2020 census base3.98 percent
- Population change, 2023 to 2024-86
- Births, 202467
- Deaths, 202479
- Natural change, 2024-12
- Net domestic migration, 2024-201
- Net international migration, 2024127
- Total net migration, 2024-74
- Cumulative net domestic migration, 2021 to 2024454
- Rank by growth among US county-equivalents692nd of 3,144
The county has grown 3.98 percent since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Williamsburg city
Where are people moving to Williamsburg city from?
- Tax returns filed by households arriving911
- People arriving, from those returns1,531
- Tax returns filed by households leaving899
- Net household movement12
- Adjusted gross income arriving$67.8 m
- Net adjusted gross income movement$2.5 m
- Average income of an arriving household$74,476
- Average income of a leaving household$72,662
- Largest single originJames City County (216 households)
- Largest single destinationJames City County (264 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| James City County | 216 | 367 | $13.6 m |
| Newport News city | 74 | 130 | $3.5 m |
| York County | 61 | 95 | $3.1 m |
| Hampton city | 23 | 41 | $1.2 m |
| Virginia Beach city | 20 | 38 | $1.2 m |
Households arriving report $1,814 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 James City 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.
Williamsburg city
Employment by industry in Williamsburg city
- Covered employment, annual average11,822
- Establishments reporting576
- Average annual pay$54,523
- Average weekly wage$1,049
- Retail trade, employment1,046
- Retail trade, average annual pay$33,394
- Administrative and support and waste management services, employment456
- Administrative and support and waste management services, average annual pay$38,091
- Management of companies and enterprises, employment454
- Management of companies and enterprises, average annual pay$80,969
- Professional, scientific and technical services, employment363
- Professional, scientific and technical services, average annual pay$83,073
- Other services, except public administration, employment270
- Finance and insurance, employment122
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 1,046 | 78 | $33,394 |
| Administrative and support and waste management services | 456 | 33 | $38,091 |
| Management of companies and enterprises | 454 | 8 | $80,969 |
| Professional, scientific and technical services | 363 | 54 | $83,073 |
| Other services, except public administration | 270 | 37 | $28,557 |
| Finance and insurance | 122 | 23 | $191,672 |
| Real estate and rental and leasing | 110 | 27 | $57,071 |
| Construction | 93 | 18 | $71,847 |
Retail trade is the largest private sector at 1,046 jobs, 8.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Williamsburg city
How many businesses are in Williamsburg city?
- Establishments, all industries553
- Employment at those establishments8,937
- Annual payroll$358.8 m
- Establishments per 1,000 residents35.0
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.
Williamsburg city
Building permits in Williamsburg city
- Housing units authorized by permit, 202410
- Declared construction value permitted$4.9 m
- Single family units authorized10
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$494,200
- Units authorized per 1,000 households2.0
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.
Williamsburg city
SBA loans in Williamsburg city (7(a) and 504)
- 7(a) approvals recorded7
- 7(a) gross approval dollars$10.6 m
- Average 7(a) approval$1,520,814
- Median 7(a) approval$1,050,000
- Largest single approval$3,995,500
- Jobs reported supported, 7(a)309
- Jobs per approval44.1
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals5
- Median 7(a) term126 months
- Share of loans on real estate terms, 240 months or longer42.9 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter3
- Franchise loans4
- Franchise share of approvals57.1 percent
- 504 approvals recorded5
- 504 gross approval dollars$1.4 m
- Average 504 approval$281,600
- Median 504 approval$204,000
- Distinct CDCs active2
- 504 jobs per approval2.2
- 504 jobs per million dollars approved7.8
- Most active CDCBusiness Finance Group, Inc. (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$12.1 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.
Williamsburg city
SBA loan default and charge-off rates in Williamsburg city
Do SBA loans in Williamsburg city get paid back?
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Paid in full1
- Status: Exempt from disclosure3
- Status: Cancelled2
- Status: Committed, not yet disbursed1
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.
Williamsburg city
How large is Williamsburg city?
- Land area9 sq mi
- Rank by land area among Virginia independent cities122nd of 133
- Width, east to west4.3 mi
- Height, north to south3.9 mi
- Geographies sharing a boundary2
- Residents per square mile of land1,755
- Establishments per square mile61.44
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.
Williamsburg city
Flood risk in Williamsburg city
- Participation of the county's own NFIP community Williamsburg, city ofParticipating, community 510294
- 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 Williamsburg city, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, the City of Williamsburg (community 510294), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Williamsburg city in radon zone 3, a predicted average indoor radon screening level less than 2 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 Williamsburg city 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 Williamsburg city site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202415,798
- Households5,020
- Average household size3.15
- Median household income$75,604
- Median age23.7
Common questions
Williamsburg city questions, answered from the record.
How many people live in Williamsburg city, Virginia?
The Census Bureau estimates 16,030 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 15,798, in 5,020 households, ranking 94th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Williamsburg city's population growing?
The population has grown 3.98 percent since the 2020 census base of 15,416, to 16,030 on July 1, 2024. In 2024 there were 67 births against 79 deaths, with net migration of -74. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Williamsburg city?
$75,604. The median owner-occupied home is valued at $428,100, which is 5.7 times income, and median gross rent is $1,407 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Williamsburg city?
553 establishments, employing 8,937 people with an annual payroll of $358.8 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 Williamsburg city?
Retail trade is the largest private sector at 1,046 jobs, 8.8 percent of covered employment. Covered employment averages 11,822 jobs at an average annual pay of $54,523, or $1,049 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Williamsburg city?
7 7(a) approvals totaling $10.6 m since FY2020, across 6 lenders, with a median approval of $1,050,000, plus 5 504 approvals worth $1.4 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Williamsburg city?
10 housing units were authorized by permit in 2024, with a declared construction value of $4.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Williamsburg city?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Williamsburg city come from?
The largest single origin is James City County, with 216 households. Arriving households report an average income of $74,476 against $72,662 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Williamsburg city 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 Williamsburg city?
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.
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