HomeVirginiaWise CountyBig Stone Gap town
Big Stone Gap town, Virginia: commercial real estate data.
Big Stone Gap town is a Census town of 5,162 people across 4.80 square miles of land, in Wise County. Median household income is $54,581, 63.3 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $4.5 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Big Stone Gap
What Big Stone Gap is
- Census place typetown
- Land area4.8 sq mi
- Water area0.09 sq mi
- Population per square mile of land1,076
- County holding the largest share of its areaWise 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.
Big Stone Gap
How many people live in Big Stone Gap
- Population5,162
- Median age41.0
- Population under 181,074 plus or minus 237
- Share under 1820.8 percent plus or minus 4.6
- Population 65 and over924 plus or minus 229
- Share 65 and over17.9 percent plus or minus 4.4
- Households1,562
- Family households923
- Share of households that are families59.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Big Stone Gap
Income and work in Big Stone Gap
- Median household income$54,581
- Per capita income$21,181
- Civilian labor force1,533
- Employed1,426
- Unemployed107 plus or minus 143
- Unemployment rate7.0 percent plus or minus 9.3
- Adults 25 and over3,763
- Adults 25 and over with a high school diploma or higher80.9 percent
- Adults 25 and over with a bachelor degree or higher15.8 percent plus or minus 5.7
- Adults 25 and over with a graduate degree6.5 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Big Stone Gap
Housing in Big Stone Gap
- Housing units1,924
- Occupied units1,562
- Vacant units362 plus or minus 196
- Vacancy rate18.8 percent plus or minus 10.0
- Owner occupied989 plus or minus 228
- Renter occupied573 plus or minus 187
- Ownership rate63.3 percent
- Median owner-occupied home value$163,000
- Median gross rent, monthly$797
- Annual rent as a share of median income17.5 percent
- Single family units1,444
- Share single family75.1 percent
- Units in buildings of two or more150 plus or minus 92
- Share in buildings of two or more7.8 percent plus or minus 4.7
- Mobile homes330 plus or minus 186
- Median year structure built1968
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Big Stone Gap
How Big Stone Gap gets to work
- Workers 16 and over who commute1,341
- Commuting under 15 minutes594 plus or minus 216
- Share commuting under 15 minutes44.3 percent plus or minus 13.6
- Commuting 30 minutes or more202 plus or minus 186
- Share commuting 30 minutes or more15.1 percent plus or minus 13.6
- Drove alone75.3 percent
- Carpooled10.0 percent plus or minus 8.7
- Public transport0.0 percent
- Walked8.9 percent plus or minus 12.1
- Worked from home5.8 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Big Stone Gap
SBA loans in Big Stone Gap (7(a))
- Approvals1
- Gross approval$4,480,000
- Average approval$4,480,000
- Median approval$4,480,000
- Ninetieth percentile approval$4,480,000
- Largest approval$4,480,000
- Jobs supported13
- Jobs per approval13.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises100.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 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.
Wise County, not Big Stone Gap
Wise County context, not Big Stone Gap figures
These are Wise County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Big Stone Gap measurements.
- Establishments in Wise County607
- Employment at those establishments, Wise County7,407
- Covered employment, Wise County10,969
- Average annual pay, Wise County$46,985
- Average weekly wage, Wise County$904
- Housing units permitted, Wise County16
- Of those, single family, Wise County16
- Average income of an arriving household, Wise County$34,626
Every figure in this section is published for Wise County as a whole and is not a measurement of Big Stone Gap. 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 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
Big Stone Gap questions, answered from the record.
How many people live in Big Stone Gap, Virginia?
5,162, in 1,562 households. Big Stone Gap town covers 4.80 square miles of land, which is 1,076 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Big Stone Gap in?
Wise 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 Big Stone Gap?
$54,581. The median owner-occupied home is valued at $163,000. Median gross rent is $797 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Big Stone Gap businesses?
1 7(a) approvals totalling $4.5 m, across 1 lenders, median approval $4,480,000. These count approvals to borrowers whose address is in Big Stone Gap, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Big Stone Gap borrowers get paid back?
No rate is published for Big Stone Gap. only 0 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 Big Stone Gap figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wise 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 Big Stone Gap.
Is zoning published for Big Stone Gap?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.