HomeWest VirginiaHampshire County
Hampshire County, West Virginia: commercial real estate data.
Hampshire County, West Virginia had an estimated 23,793 residents on July 1, 2024, up 3.1 percent since the 2020 census base of 23,077, across 640 square miles. County output reached $562.6 m in 2024, 310 establishments operate here, and the SBA record carries 11 7(a) approvals worth $1.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hampshire County
How many people live in Hampshire County
- Population, American Community Survey 2020-202423,465
- Households8,643
- Average household size2.71
- Median household income$63,116
- Median age48.5
- Median gross rent$720 per month
- Median owner-occupied home value$219,200
- Home value to household income3.5 times
- Annual rent as a share of median income13.7 percent
- Adults 25 and over with a bachelor degree or higher18.3 percent
- Adults 25 and over with a graduate degree7.0 percent
- Adults 25 and over17,746
- Population under 184,228
- Share under 1818.0 percent
- Population 65 and over5,711
- Share 65 and over24.3 percent
- Working age population, 18 to 6413,526
- Civilian labor force10,232
- Unemployment rate9.0 percent
- Labor force participation, adults 18 and over53.2 percent
- Rank by population among West Virginia counties26th of 55
- Rank by population among US county-equivalents, Puerto Rico included1713th of 3,222
Hampshire County is the 26th largest of 55 West Virginia counties by population. A median home costs 3.5 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 24.3 percent against 18.0 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.
Hampshire County
Is Hampshire County's population growing?
- Population, July 1, 202423,793
- Census 2020 base population23,077
- Population change since the 2020 census base3.10 percent
- Population change, 2023 to 2024161
- Births, 2024238
- Deaths, 2024333
- Natural change, 2024-95
- Net domestic migration, 2024259
- Net international migration, 2024-4
- Total net migration, 2024255
- Cumulative net domestic migration, 2021 to 20241,129
- Rank by growth among US county-equivalents843rd of 3,144
The county has grown 3.10 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.
Hampshire County
Where are people moving to Hampshire County from?
- Tax returns filed by households arriving534
- People arriving, from those returns1,021
- Tax returns filed by households leaving494
- Net household movement40
- Adjusted gross income arriving$33.0 m
- Net adjusted gross income movement$11.9 m
- Average income of an arriving household$61,891
- Average income of a leaving household$42,731
- Largest single originFrederick County (68 households)
- Largest single destinationBerkeley County (70 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Frederick County | 68 | 143 | $3.9 m |
| Berkeley County | 49 | 87 | $2.5 m |
| Mineral County | 35 | 69 | $1.2 m |
| Hardy County | 29 | 57 | $418,000 |
Households arriving report $19,160 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 Frederick 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.
Hampshire County
What is the Hampshire County economy?
- County GDP, 2024$562.6 m
- County GDP, 2023$511.0 m
- GDP change, 2023 to 202410.1 percent
- GDP change over five years15.3 percent
- Rank by GDP among the West Virginia areas BEA publishes41st of 55
- Rank by GDP among the US county areas BEA publishes2326th of 3,127
- GDP per resident$23,976
Output grew 10.1 percent in the latest year and 15.3 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.
Hampshire County
Employment by industry in Hampshire County
- Covered employment, annual average4,242
- Establishments reporting550
- Average annual pay$43,955
- Average weekly wage$845
- Retail trade, employment516
- Retail trade, average annual pay$30,162
- Construction, employment231
- Construction, average annual pay$53,752
- Administrative and support and waste management services, employment224
- Administrative and support and waste management services, average annual pay$44,181
- Finance and insurance, employment170
- Finance and insurance, average annual pay$60,774
- Other services, except public administration, employment116
- Manufacturing, employment71
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 516 | 60 | $30,162 |
| Construction | 231 | 63 | $53,752 |
| Administrative and support and waste management services | 224 | 34 | $44,181 |
| Finance and insurance | 170 | 26 | $60,774 |
| Other services, except public administration | 116 | 34 | $32,151 |
| Manufacturing | 71 | 7 | $50,710 |
| Transportation and warehousing | 69 | 10 | $33,181 |
| Information | 49 | 14 | $71,854 |
Retail trade is the largest private sector at 516 jobs, 12.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Hampshire County
How many businesses are in Hampshire County?
- Establishments, all industries310
- Employment at those establishments2,593
- Annual payroll$97.7 m
- Establishments per 1,000 residents13.2
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.
Hampshire County
Building permits in Hampshire County
- Housing units authorized by permit, 2024120
- Declared construction value permitted$21.6 m
- Single family units authorized120
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$179,847
- Units authorized per 1,000 households13.9
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.
Hampshire County
SBA loans in Hampshire County (7(a) and 504)
- 7(a) approvals recorded11
- 7(a) gross approval dollars$1.9 m
- Average 7(a) approval$170,345
- Median 7(a) approval$163,800
- Largest single approval$455,000
- Jobs reported supported, 7(a)39
- Jobs per approval3.5
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals8
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer9.1 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter9
- Franchise loans0
- Franchise share of approvals0.0 percent
- Most active lenderFNB Bank Inc (5)
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hampshire County
SBA loan default and charge-off rates in Hampshire County
Do SBA loans in Hampshire County get paid back?
- Loans with a final outcome recorded3
- Paid in full2
- Charged off1
- Status: Paid in full2
- Status: Exempt from disclosure6
- Status: Charged off1
- Status: Cancelled2
Only 3 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.
Hampshire County
SBA lending by place in Hampshire County
- Borrower cities with recorded lending5
- Romney, approvals4
- Slanesville, approvals2
- Augusta, approvals2
- Paw Paw, approvals2
- Capon Bridge, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Romney | 4 | $902,800 |
| Slanesville | 2 | $442,000 |
| Augusta | 2 | $350,000 |
| Paw Paw | 2 | $60,500 |
| Capon Bridge | 1 | $118,500 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hampshire County
How large is Hampshire County?
- Land area640 sq mi
- Rank by land area among West Virginia counties9th of 55
- Width, east to west34.2 mi
- Height, north to south30.8 mi
- Geographies sharing a boundary5
- Residents per square mile of land37
- Establishments per square mile0.48
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.
Hampshire County
Flood risk in Hampshire County
- Participation of the county's own NFIP community Hampshire County, unincorporated areasParticipating, community 540226
- Community Rating System class of the county's own communityClass 9
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP3
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 9
- Communities carrying a CRS class1
- Radon levels in Hampshire 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 Hampshire County (community 540226), participates in the National Flood Insurance Program and carries Community Rating System class 9, a flood insurance premium discount for policies written there. The EPA places Hampshire 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. The best Community Rating System class among the county's communities is 9, which carries a flood insurance premium discount for policies written in that community. 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 Hampshire 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 Hampshire County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202423,465
- Households8,643
- Average household size2.71
- Median household income$63,116
- Median age48.5
Common questions
Hampshire County questions, answered from the record.
How many people live in Hampshire County, West Virginia?
The Census Bureau estimates 23,793 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 23,465, in 8,643 households, ranking 26th of 55 West Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hampshire County's population growing?
The population has grown 3.10 percent since the 2020 census base of 23,077, to 23,793 on July 1, 2024. In 2024 there were 238 births against 333 deaths, with net migration of 255. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hampshire County?
$63,116. The median owner-occupied home is valued at $219,200, which is 3.5 times income, and median gross rent is $720 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Hampshire County?
310 establishments, employing 2,593 people with an annual payroll of $97.7 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 Hampshire County?
Retail trade is the largest private sector at 516 jobs, 12.2 percent of covered employment. Covered employment averages 4,242 jobs at an average annual pay of $43,955, or $845 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hampshire County?
11 7(a) approvals totaling $1.9 m since FY2020, across 4 lenders, with a median approval of $163,800. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Hampshire County?
120 housing units were authorized by permit in 2024, with a declared construction value of $21.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hampshire 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 Hampshire County come from?
The largest single origin is Frederick County, with 68 households. Arriving households report an average income of $61,891 against $42,731 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Hampshire 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 Hampshire 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.
Hampshire County
Cities and places in Hampshire.
4 Census places lie wholly or partly in Hampshire County. All 4 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 |
|---|---|---|---|---|
| Romney | city | 1,922 | 4 | Wholly in this county |
| Springfield | CDP | 502 | None recorded | Wholly in this county |
| Capon Bridge | town | 497 | 1 | Wholly in this county |
| Green Spring | CDP | 84 | None recorded | Wholly in this county |
A further 6 of the county's 11 SBA 7(a) approvals are to borrowers in cities that match no Census place in Hampshire County, the largest being Slanesville (2), Augusta (2), Paw Paw (2). 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.