Places/VA/Botetourt County, VA
County profile

Botetourt County, VA

United States · GDP 2024
#1338 of 3,127 US counties by GDP63rd-percentile growthmore diversified than 43% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$1.9B
BEA · 2024
GDP growth (YoY)
+5.6%
BEA · 2024
Jobs tracked
12,180
Census CBP · 2023
Employers
776
Census CBP · 2023
Avg. wage
$55.0k
BLS QCEW · 2023
Population
34,144
Census PEP · 2025
Labor, income & education
Unemployment
3.5%
Median HH income
$81.2k±$6.2k
Bachelor's degree+
28.5%±2.4%
Poverty rate
6.2%±1.4%
Business applications
353 · 2025
Retail establishments
79
23.2/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Bank of BotetourtFinancial Services$53.9M55C

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
Manufacturing38%
Construction18%
Health care14%
Transportation12%
Admin & support10%
Retail trade8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
34,144
residents · 2025 · +1.5% since 2020
Income per capita $66.8k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+1,407
International migration+75
Natural change951

GDP trend

20192024 · nominal
$1.3B
2019
$1.3B
2020
$1.5B
2021
$1.6B
2022
$1.8B
2023
$1.9B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$289.2k±$12.0k
Median gross rent
$1.0k/mo±$276/mo
Vacancy rate
12.3%±2.3%
Affordability
5.3× wages
Residential permits
$41.3M
127 units · 3.7/1k pop
FEMA risk score
18.1
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 87Avalanche 63Hurricane 56
FHFA HOUSE PRICE INDEX · 20162025
195
2016
200
2017
208
2018
217
2019
223
2020
243
2021
282
2022
308
2023
328
2024
344
2025
RESIDENTIAL PERMITS · 20212025
40% since 2021
91
2021
83
2022
64
2023
116
2024
127
2025

Transport access

BTS · FAA · USACE
Nearest interstate
8.2 km
I-81
Nearest freight rail
5.5 km
CSXT
Nearest port
144.2 km
ELKHEM METALS CO., ALLOY DOCK
Nearest commercial airport
29.4 km
ROANOKE/BLACKSBURG RGNL (WOODRUM FLD)
Wage trend
BLS QCEW · 20192023
$55.0k
avg. annual pay · +29% since 2019
The read

What is the GDP of Botetourt?

Botetourt's economy produced $1.9B in 2024, growing 5.6% year over yearfaster 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.