Places/VA/Chesterfield County, VA
County profile

Chesterfield County, VA

United States · GDP 2024
#228 of 3,127 US counties by GDPtop-quartile growthmore diversified than 95% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$24.0B
BEA · 2024
GDP growth (YoY)
+7.0%
BEA · 2024
Jobs tracked
124,728
Census CBP · 2023
Employers
8,257
Census CBP · 2023
Avg. wage
$60.3k
BLS QCEW · 2023
Population
397,148
Census PEP · 2025
Labor, income & education
Unemployment
3.8%
Median HH income
$101.9k±$1.9k
Bachelor's degree+
43.8%±1.0%
Poverty rate
7.1%±0.7%
Business applications
6,273 · 2025
Retail establishments
933
23.8/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

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 trade27%
Health care20%
Food & accommodation16%
Construction13%
Professional services13%
Manufacturing11%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
397,148
residents · 2025 · +8.7% since 2020
Income per capita $69.4k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+19,059
International migration+8,079
Natural change+4,632

GDP trend

20192024 · nominal
$16.8B
2019
$17.0B
2020
$18.8B
2021
$20.7B
2022
$22.4B
2023
$24.0B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$366.0k±$3.6k
Median gross rent
$1.6k/mo±$25/mo
Vacancy rate
3.8%±0.4%
Affordability
6.1× wages
Residential permits
$450.6M
2,194 units · 5.5/1k pop
FEMA risk score
84.8
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Earthquake 90Winter weather 87Heat wave 87
FHFA HOUSE PRICE INDEX · 20162025
394
2016
412
2017
433
2018
453
2019
471
2020
527
2021
613
2022
674
2023
719
2024
739
2025
RESIDENTIAL PERMITS · 20212025
-43% since 2021
3,831
2021
3,233
2022
3,194
2023
2,307
2024
2,194
2025

Transport access

BTS · FAA · USACE
Nearest interstate
14.8 km
I-95
Nearest freight rail
11.9 km
CSXT
Nearest port
16.6 km
AIRGAS CARBONIC INDUSTRIES CORPORATION JAMES RIVER VA
Nearest commercial airport
27.6 km
RICHMOND INTL
Wage trend
BLS QCEW · 20192023
$60.3k
avg. annual pay · +24% since 2019
The read

What is the GDP of Chesterfield?

Chesterfield's economy produced $24.0B in 2024, growing 7.0% year over yearfaster than most 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.