County profile
New Kent County, VA
United States · GDP 2024
#1781 of 3,127 US counties by GDPtop-decile growthmore diversified than 83% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$1.1B
BEA · 2024
GDP growth (YoY)
+12.9%
BEA · 2024
Jobs tracked
3,471
Census CBP · 2023
Employers
458
Census CBP · 2023
Avg. wage
$48.1k
BLS QCEW · 2023
Population
28,022
Census PEP · 2025
Labor, income & education
Unemployment
3.3%
Median HH income
$123.3k±$7.1k
Bachelor's degree+
38.4%±3.6%
Poverty rate
4.7%±1.9%
Business applications
324 · 2025
Retail establishments
46
16.9/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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 trade23%
Health care20%
Construction19%
Food & accommodation17%
Other services12%
Arts & recreation10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
28,022
residents · 2025 · +21.2% since 2020
Income per capita $128.5k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+4,668
International migration+10
Natural change+168
GDP trend
2019–2024 · nominal
$605.6M2019
$669.6M2020
$738.2M2021
$758.6M2022
$957.3M2023
$1.1B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$393.6k±$15.7k
Median gross rent
$1.7k/mo±$291/mo
Vacancy rate
5.4%±2.3%
Affordability
8.2× wages
Residential permits
$113.0M
295 units · 10.5/1k pop
FEMA risk score
14.1
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Drought 88Hurricane 67Coastal flooding 53
FHFA HOUSE PRICE INDEX · 2016–2025
1882016
1972017
2022018
2122019
2182020
2382021
2742022
2942023
3152024
3242025
RESIDENTIAL PERMITS · 2021–2025
↓ -35% since 20214512021
3562022
3452023
4532024
2952025
Transport access
BTS · FAA · USACE
Nearest interstate
1.7 km
I-64
Nearest freight rail
8.0 km
CSXT
Nearest port
16.6 km
OLD DOMINION GRAIN CORP., PORT RICHMOND ELEVATOR DOCK
Nearest commercial airport
28.5 km
RICHMOND INTL
Wage trend
BLS QCEW · 2019–2023$48.1k
avg. annual pay · +17% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of New Kent?
New Kent's economy produced $1.1B in 2024, growing 12.9% year over year — faster than 95% 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.