Places/VA/King William County, VA
County profile

King William County, VA

United States · GDP 2024
#1982 of 3,127 US counties by GDPtop-decile growthmore diversified than 65% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$849.9M
BEA · 2024
GDP growth (YoY)
+10.7%
BEA · 2024
Jobs tracked
3,036
Census CBP · 2023
Employers
359
Census CBP · 2023
Avg. wage
$56.2k
BLS QCEW · 2023
Population
19,617
Census PEP · 2025
Labor, income & education
Unemployment
3.2%
Median HH income
$86.1k±$7.1k
Bachelor's degree+
23.0%±3.2%
Poverty rate
5.9%±1.6%
Business applications
231 · 2025
Retail establishments
58
30.1/10k 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
Health care23%
Construction21%
Retail trade20%
Food & accommodation15%
Manufacturing13%
Other services8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
19,617
residents · 2025 · +9.5% since 2020
Income per capita $61.8k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+1,388
International migration+60
Natural change+233

GDP trend

20192024 · nominal
$558.4M
2019
$547.1M
2020
$601.1M
2021
$653.7M
2022
$767.9M
2023
$849.9M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$315.7k±$14.0k
Median gross rent
$1.2k/mo±$163/mo
Vacancy rate
4.9%±2.0%
Affordability
5.6× wages
Residential permits
$48.9M
215 units · 11.0/1k pop
FEMA risk score
8.3
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Drought 87Hurricane 64Coastal flooding 51
FHFA HOUSE PRICE INDEX · 20162025
203
2016
213
2017
219
2018
225
2019
238
2020
262
2021
310
2022
322
2023
349
2024
369
2025
RESIDENTIAL PERMITS · 20212025
9% since 2021
198
2021
134
2022
135
2023
129
2024
215
2025

Transport access

BTS · FAA · USACE
Nearest interstate
22.6 km
I-64
Nearest freight rail
14.3 km
NS
Nearest port
29.9 km
OLD DOMINION GRAIN CORP., PORT RICHMOND ELEVATOR DOCK
Nearest commercial airport
30.5 km
RICHMOND INTL
Wage trend
BLS QCEW · 20192023
$56.2k
avg. annual pay · +24% since 2019
The read

What is the GDP of King William?

King William's economy produced $849.9M in 2024, growing 10.7% year over yearfaster than 92% of 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.