County profile
Floyd County, VA
United States · GDP 2024
#2362 of 3,127 US counties by GDP66th-percentile growthmore diversified than 33% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$536.0M
BEA · 2024
GDP growth (YoY)
+5.9%
BEA · 2024
Jobs tracked
2,960
Census CBP · 2023
Employers
339
Census CBP · 2023
Avg. wage
$39.3k
BLS QCEW · 2023
Population
15,789
Census PEP · 2025
Labor, income & education
Unemployment
3.6%
Median HH income
$62.2k±$10.1k
Bachelor's degree+
24.4%±3.7%
Poverty rate
9.8%±2.4%
Business applications
182 · 2025
Retail establishments
50
31.8/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Skyline Bankshares, Inc.Financial Services———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
Health care32%
Manufacturing21%
Retail trade19%
Construction10%
Food & accommodation10%
Other services8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
15,789
residents · 2025 · +2.1% since 2020
Income per capita $54.7k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+610
International migration+37
Natural change−329
GDP trend
2019–2024 · nominal
$385.7M2019
$408.2M2020
$431.3M2021
$459.2M2022
$506.4M2023
$536.0M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$225.4k±$14.4k
Median gross rent
$878/mo±$98/mo
Vacancy rate
16.9%±2.8%
Affordability
5.7× wages
Residential permits
$21.4M
73 units · 4.6/1k pop
FEMA risk score
6.6
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 86Drought 65Hurricane 53
FHFA HOUSE PRICE INDEX · 2016–2025
1712016
1702017
1782018
1822019
1962020
2132021
2362022
2802023
2702024
2852025
RESIDENTIAL PERMITS · 2021–2025
↑ 1117% since 202162021
512022
682023
692024
732025
Transport access
BTS · FAA · USACE
Nearest interstate
20.9 km
I-81
Nearest freight rail
22.3 km
NS
Nearest port
156.6 km
ELKHEM METALS CO., ALLOY DOCK
Nearest commercial airport
55.6 km
ROANOKE/BLACKSBURG RGNL (WOODRUM FLD)
Filing activity
SEC EDGAR3 filings from 1 company here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$39.3k
avg. annual pay · +28% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Floyd?
Floyd's economy produced $536.0M in 2024, growing 5.9% year over year — faster than most US counties. Its largest employment sector is health care.
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.