County profile
Caroline County, VA
United States · GDP 2024
#1653 of 3,127 US counties by GDPtop-decile growthmore diversified than 94% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$1.3B
BEA · 2024
GDP growth (YoY)
+9.8%
BEA · 2024
Jobs tracked
4,315
Census CBP · 2023
Employers
424
Census CBP · 2023
Avg. wage
$47.9k
BLS QCEW · 2023
Population
34,413
Census PEP · 2025
Labor, income & education
Unemployment
3.7%
Median HH income
$87.4k±$7.7k
Bachelor's degree+
21.8%±2.4%
Poverty rate
11.2%±2.2%
Business applications
444 · 2025
Retail establishments
67
19.9/10k 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
Retail trade28%
Food & accommodation22%
Transportation13%
Construction13%
Finance & insurance12%
Other services12%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
34,413
residents · 2025 · +11.3% since 2020
Income per capita $56.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+3,111
International migration+259
Natural change+111
GDP trend
2019–2024 · nominal
$774.2M2019
$846.3M2020
$923.0M2021
$1.0B2022
$1.2B2023
$1.3B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$307.7k±$16.1k
Median gross rent
$1.3k/mo±$134/mo
Vacancy rate
7.2%±2.0%
Affordability
6.4× wages
Residential permits
$72.4M
224 units · 6.5/1k pop
FEMA risk score
20.7
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 79Drought 78Earthquake 60
FHFA HOUSE PRICE INDEX · 2016–2025
1852016
1972017
2112018
2172019
2222020
2442021
2872022
3012023
3292024
3502025
RESIDENTIAL PERMITS · 2021–2025
↓ -36% since 20213482021
2702022
2552023
3182024
2242025
Transport access
BTS · FAA · USACE
Nearest interstate
13.3 km
I-95
Nearest freight rail
2.4 km
CSXT
Nearest port
44.7 km
CONTINENTAL GRAIN
Nearest commercial airport
58.0 km
RICHMOND INTL
Wage trend
BLS QCEW · 2019–2023$47.9k
avg. annual pay · +22% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Caroline?
Caroline's economy produced $1.3B in 2024, growing 9.8% year over year — faster than 90% of US counties. Its largest employment sector is retail trade.
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.