Places/VA/Patrick County, VA
County profile

Patrick County, VA

United States · GDP 2024
#2366 of 3,127 US counties by GDP33rd-percentile growthmore diversified than 23% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$535.0M
BEA · 2024
GDP growth (YoY)
+2.5%
BEA · 2024
Jobs tracked
2,996
Census CBP · 2023
Employers
266
Census CBP · 2023
Avg. wage
$38.4k
BLS QCEW · 2023
Population
17,424
Census PEP · 2025
Labor, income & education
Unemployment
4.3%
Median HH income
$53.0k±$6.5k
Bachelor's degree+
15.1%±2.6%
Poverty rate
11.7%±2.5%
Business applications
156 · 2025
Retail establishments
47
27.0/10k 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
Manufacturing41%
Retail trade18%
Health care16%
Agriculture13%
Construction6%
Food & accommodation6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
17,424
residents · 2025 · -0.9% since 2020
Income per capita $45.5k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+781
International migration7
Natural change922

GDP trend

20192024 · nominal
$416.6M
2019
$403.6M
2020
$447.4M
2021
$495.5M
2022
$522.0M
2023
$535.0M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$153.4k±$13.6k
Median gross rent
$716/mo±$38/mo
Vacancy rate
22.4%±3.6%
Affordability
4.0× wages
Residential permits
$13.2M
34 units · 2.0/1k pop
FEMA risk score
20.9
HUD Fair Market Rent (2BR):$914/mo · 2026
TOP PERILS · FEMA NRI
Landslide 73Avalanche 70Hurricane 64
FHFA HOUSE PRICE INDEX · 20162025
139
2016
144
2017
143
2018
138
2019
154
2020
164
2021
203
2022
216
2023
261
2024
260
2025
RESIDENTIAL PERMITS · 20212025
6% since 2021
32
2021
32
2022
52
2023
28
2024
34
2025

Transport access

BTS · FAA · USACE
Nearest interstate
34.9 km
I-74
Nearest freight rail
26.9 km
NS
Nearest port
184.4 km
ELKHEM METALS CO., ALLOY DOCK
Nearest commercial airport
60.9 km
SMITH REYNOLDS
Wage trend
BLS QCEW · 20192023
$38.4k
avg. annual pay · +28% since 2019
The read

What is the GDP of Patrick?

Patrick's economy produced $535.0M in 2024, growing 2.5% year over yearslower than 67% of 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.