Places/VA/Lunenburg County, VA
County profile

Lunenburg County, VA

United States · GDP 2024
#2639 of 3,127 US counties by GDP69th-percentile growthmore diversified than 59% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$340.5M
BEA · 2024
GDP growth (YoY)
+6.0%
BEA · 2024
Jobs tracked
1,415
Census CBP · 2023
Employers
170
Census CBP · 2023
Avg. wage
$45.9k
BLS QCEW · 2023
Population
12,058
Census PEP · 2025
Labor, income & education
Unemployment
4.8%
Median HH income
$54.8k±$9.1k
Bachelor's degree+
11.6%±2.0%
Poverty rate
15.9%±3.9%
Business applications
128 · 2025
Retail establishments
30
24.8/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Benchmark 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
Manufacturing24%
Retail trade23%
Health care21%
Wholesale trade12%
Construction11%
Admin & support10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
12,058
residents · 2025 · +0.9% since 2020
Income per capita $42.9k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+301
International migration+116
Natural change297

GDP trend

20192024 · nominal
$249.9M
2019
$255.9M
2020
$307.7M
2021
$294.2M
2022
$321.1M
2023
$340.5M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$150.1k±$14.4k
Median gross rent
$742/mo±$121/mo
Vacancy rate
19.2%±3.3%
Affordability
3.3× wages
Residential permits
$5.5M
27 units · 2.2/1k pop
FEMA risk score
19.8
HUD Fair Market Rent (2BR):$914/mo · 2026
TOP PERILS · FEMA NRI
Drought 92Hurricane 77Strong wind 59
FHFA HOUSE PRICE INDEX · 20162025
119
2016
124
2017
136
2018
140
2019
138
2020
146
2021
166
2022
185
2023
208
2024
212
2025
RESIDENTIAL PERMITS · 20212025
-36% since 2021
42
2021
25
2022
14
2023
25
2024
27
2025

Transport access

BTS · FAA · USACE
Nearest interstate
25.1 km
I-85
Nearest freight rail
19.5 km
BB
Nearest port
84.8 km
VULCAN MATERIALS, PUDDLEDOCK QUARRY WHARF
Nearest commercial airport
94.9 km
LYNCHBURG RGNL/PRESTON GLENN FLD
Wage trend
BLS QCEW · 20192023
$45.9k
avg. annual pay · +27% since 2019
The read

What is the GDP of Lunenburg?

Lunenburg's economy produced $340.5M in 2024, growing 6.0% year over yearfaster than most US counties. Its largest employment sector is manufacturing.

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.