Places/VA/Cumberland County, VA
County profile

Cumberland County, VA

United States · GDP 2024
#2841 of 3,127 US counties by GDPtop-decile growthmore diversified than 68% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$231.9M
BEA · 2024
GDP growth (YoY)
+11.6%
BEA · 2024
Jobs tracked
823
Census CBP · 2023
Employers
145
Census CBP · 2023
Avg. wage
$43.5k
BLS QCEW · 2023
Population
10,352
Census PEP · 2025
Labor, income & education
Unemployment
3.6%
Median HH income
$55.3k±$6.0k
Bachelor's degree+
20.9%±3.9%
Poverty rate
8.5%±2.8%
Business applications
145 · 2025
Retail establishments
29
28.4/10k 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 trade29%
Manufacturing19%
Food & accommodation14%
Construction14%
Admin & support13%
Transportation10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
10,352
residents · 2025 · +6.9% since 2020
Income per capita $50.7k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+709
International migration+172
Natural change207

GDP trend

20192024 · nominal
$150.6M
2019
$139.4M
2020
$177.7M
2021
$228.6M
2022
$207.8M
2023
$231.9M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$239.3k±$14.7k
Median gross rent
$877/mo±$25/mo
Vacancy rate
15.3%±5.0%
Affordability
5.5× wages
Residential permits
$16.8M
70 units · 6.8/1k pop
FEMA risk score
19.7
HUD Fair Market Rent (2BR):$997/mo · 2026
TOP PERILS · FEMA NRI
Drought 96Hurricane 73Earthquake 61
FHFA HOUSE PRICE INDEX · 20162025
153
2016
155
2017
166
2018
168
2019
167
2020
189
2021
215
2022
240
2023
248
2024
267
2025
RESIDENTIAL PERMITS · 20212025
25% since 2021
56
2021
54
2022
69
2023
80
2024
70
2025

Transport access

BTS · FAA · USACE
Nearest interstate
43.2 km
I-64
Nearest freight rail
16.6 km
BB
Nearest port
72.5 km
LUCK STONE, RICHMOND QUARRY WHARF
Nearest commercial airport
72.3 km
CHARLOTTESVILLE-ALBEMARLE
Wage trend
BLS QCEW · 20192023
$43.5k
avg. annual pay · +27% since 2019
The read

What is the GDP of Cumberland?

Cumberland's economy produced $231.9M in 2024, growing 11.6% year over yearfaster than 94% 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.