Places/VA/Powhatan County, VA
County profile

Powhatan County, VA

United States · GDP 2024
#1655 of 3,127 US counties by GDPtop-quartile growthmore diversified than 51% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$1.3B
BEA · 2024
GDP growth (YoY)
+8.9%
BEA · 2024
Jobs tracked
6,397
Census CBP · 2023
Employers
740
Census CBP · 2023
Avg. wage
$51.1k
BLS QCEW · 2023
Population
32,591
Census PEP · 2025
Labor, income & education
Unemployment
3.2%
Median HH income
$110.5k±$6.2k
Bachelor's degree+
35.0%±3.1%
Poverty rate
4.6%±1.2%
Business applications
433 · 2025
Retail establishments
82
25.3/10k 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
Construction35%
Retail trade23%
Admin & support16%
Food & accommodation12%
Other services9%
Wholesale trade6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
32,591
residents · 2025 · +7.0% since 2020
Income per capita $75.5k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+2,208
International migration+108
Natural change137

GDP trend

20192024 · nominal
$860.3M
2019
$882.9M
2020
$946.2M
2021
$1.1B
2022
$1.2B
2023
$1.3B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$416.0k±$14.5k
Median gross rent
$1.2k/mo±$261/mo
Vacancy rate
5.8%±2.0%
Affordability
8.1× wages
Residential permits
$48.7M
127 units · 3.9/1k pop
FEMA risk score
21.1
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Drought 92Earthquake 72Hurricane 62
FHFA HOUSE PRICE INDEX · 20162025
293
2016
304
2017
317
2018
328
2019
339
2020
375
2021
429
2022
464
2023
510
2024
532
2025
RESIDENTIAL PERMITS · 20212025
-40% since 2021
213
2021
216
2022
145
2023
115
2024
127
2025

Transport access

BTS · FAA · USACE
Nearest interstate
20.8 km
I-64
Nearest freight rail
9.6 km
CSXT
Nearest port
43.8 km
LUCK STONE, RICHMOND QUARRY WHARF
Nearest commercial airport
52.8 km
RICHMOND INTL
Wage trend
BLS QCEW · 20192023
$51.1k
avg. annual pay · +24% since 2019
The read

What is the GDP of Powhatan?

Powhatan's economy produced $1.3B in 2024, growing 8.9% year over yearfaster than most US counties. Its largest employment sector is construction.

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.