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Places/VA/New Kent
County profile

New Kent

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
GDP growth
+12.9%
Jobs tracked
3,471
Employers
458
Avg. wage
$48.1k
Population
28,022
Labor & formation
Unemployment
3.0%
Median HH income
$123.3k±$7.1k
Business applications
324 · 2025

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 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
$605.6M
2019
$669.6M
2020
$738.2M
2021
$758.6M
2022
$957.3M
2023
$1.1B
2024

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
295 (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
188
2016
197
2017
202
2018
212
2019
218
2020
238
2021
274
2022
294
2023
315
2024
324
2025
Wage trend
BLS QCEW · 2019–2023
$48.1k
avg. annual pay · +17% since 2019
Similar US counties
nearest by GDP
San Miguel$1.1BAllen$1.1BLabette$1.1BKewaunee$1.1BPointe Coupee$1.1BRosebud$1.1B
The read

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.
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