County profile
Amherst County, VA
United States · GDP 2024
#1761 of 3,127 US counties by GDP71st-percentile growthmore diversified than 49% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$1.1B
BEA · 2024
GDP growth (YoY)
+6.3%
BEA · 2024
Jobs tracked
5,959
Census CBP · 2023
Employers
553
Census CBP · 2023
Avg. wage
$45.0k
BLS QCEW · 2023
Population
31,962
Census PEP · 2025
Labor, income & education
Unemployment
3.9%
Median HH income
$68.7k±$3.8k
Bachelor's degree+
24.7%±2.1%
Poverty rate
10.8%±1.8%
Business applications
341 · 2025
Retail establishments
91
28.7/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Manufacturing29%
Retail trade26%
Food & accommodation13%
Education12%
Health care10%
Construction9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
31,962
residents · 2025 · +2.1% since 2020
Income per capita $48.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,045
International migration+136
Natural change−545
GDP trend
2019–2024 · nominal
$833.6M2019
$815.7M2020
$907.4M2021
$952.1M2022
$1.0B2023
$1.1B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$212.4k±$9.1k
Median gross rent
$871/mo±$71/mo
Vacancy rate
11.6%±2.2%
Affordability
4.7× wages
Residential permits
$25.6M
112 units · 3.5/1k pop
FEMA risk score
21.0
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 66Landslide 65Strong wind 57
FHFA HOUSE PRICE INDEX · 2016–2025
1732016
1792017
1842018
1902019
1962020
2132021
2482022
2632023
2852024
2892025
RESIDENTIAL PERMITS · 2021–2025
↑ 60% since 2021702021
922022
1082023
2282024
1122025
Transport access
BTS · FAA · USACE
Nearest interstate
28.7 km
I-81
Nearest freight rail
8.8 km
NS
Nearest port
152.2 km
LUCK STONE, RICHMOND QUARRY WHARF
Nearest commercial airport
31.5 km
LYNCHBURG RGNL/PRESTON GLENN FLD
Wage trend
BLS QCEW · 2019–2023$45.0k
avg. annual pay · +17% since 2019
Nearby & same-state counties
by GDP rankThe read
What is the GDP of Amherst?
Amherst's economy produced $1.1B in 2024, growing 6.3% year over year — faster than most US counties. Its largest employment sector is manufacturing.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.