Places/VA/Lee County, VA
County profile

Lee County, VA

United States · GDP 2024
#2320 of 3,127 US counties by GDP58th-percentile growthmore diversified than 24% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$566.6M
BEA · 2024
GDP growth (YoY)
+5.1%
BEA · 2024
Jobs tracked
2,329
Census CBP · 2023
Employers
242
Census CBP · 2023
Avg. wage
$43.3k
BLS QCEW · 2023
Population
21,642
Census PEP · 2025
Labor, income & education
Unemployment
5.0%
Median HH income
$41.8k±$3.8k
Bachelor's degree+
14.1%±2.0%
Poverty rate
28.8%±4.0%
Business applications
137 · 2025
Retail establishments
62
28.5/10k 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 trade38%
Health care25%
Food & accommodation13%
Construction8%
Manufacturing8%
Finance & insurance7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
21,642
residents · 2025 · -2.1% since 2020
Income per capita $43.2k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+548
International migration+34
Natural change1,048

GDP trend

20192024 · nominal
$401.0M
2019
$428.2M
2020
$440.8M
2021
$481.5M
2022
$539.2M
2023
$566.6M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$98.9k±$10.1k
Median gross rent
$738/mo±$49/mo
Vacancy rate
21.4%±2.6%
Affordability
2.3× wages
Residential permits
$3.5M
16 units · 0.7/1k pop
FEMA risk score
57.3
HUD Fair Market Rent (2BR):$914/mo · 2026
TOP PERILS · FEMA NRI
Landslide 94Wildfire 81Avalanche 71
RESIDENTIAL PERMITS · 20212025
0% since 2021
16
2021
18
2022
22
2023
18
2024
16
2025

Transport access

BTS · FAA · USACE
Nearest interstate
50.1 km
I-81
Nearest freight rail
2.9 km
CSXT
Nearest port
105.0 km
Burkhart Enterprises, Knoxville Dock.
Nearest commercial airport
69.3 km
TRI-CITIES
Wage trend
BLS QCEW · 20192023
$43.3k
avg. annual pay · +29% since 2019
The read

What is the GDP of Lee?

Lee's economy produced $566.6M in 2024, growing 5.1% year over yearabout the middle of the pack among 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.