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Places/VA/Russell
County profile

Russell

United States · GDP 2024
#1926 of 3,127 US counties by GDP45th-percentile growthmore diversified than 81% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$903.7M
GDP growth
+3.9%
Jobs tracked
5,324
Employers
436
Avg. wage
$46.5k
Population
25,332
Labor & formation
Unemployment
4.4%
Median HH income
$50.0k±$7.4k
Business applications
229 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1New Peoples Bankshares, Inc.Financial Services$3.6M51D

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 trade22%
Health care20%
Manufacturing20%
Professional services17%
Food & accommodation12%
Construction9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
25,332
residents · 2025 · -1.7% since 2020
Income per capita $45.3k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+337
International migration+20
Natural change−783

GDP trend

2019–2024 · nominal
$711.5M
2019
$725.2M
2020
$727.1M
2021
$791.8M
2022
$869.6M
2023
$903.7M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$120.6k±$12.1k
Median gross rent
$653/mo±$50/mo
Vacancy rate
16.4%±2.3%
Affordability
2.6× wages
Residential permits
11 (0.4/1k pop)
FEMA risk score
36.5
HUD Fair Market Rent (2BR):$914/mo · 2026
TOP PERILS · FEMA NRI
Landslide 95Cold wave 80Avalanche 65
FHFA HOUSE PRICE INDEX · 2016–2025
120
2016
114
2017
117
2018
121
2019
125
2020
134
2021
141
2022
155
2023
163
2024
179
2025

Transport access

BTS · FAA · USACE
Nearest interstate
27.8 km
I-81
Nearest freight rail
3.6 km
NS
Nearest port
149.8 km
Amherst Industries, Chelyan Dock
Nearest commercial airport
58.1 km
TRI-CITIES
Filing activity
SEC EDGAR

3 filings from 1 company here in the last 90 days.

8-KNew Peoples Bankshares, Inc.05-26
10-QNew Peoples Bankshares, Inc.05-13
8-KNew Peoples Bankshares, Inc.04-27
DEF 14ANew Peoples Bankshares, Inc.04-06
10-KNew Peoples Bankshares, Inc.03-31
8-KNew Peoples Bankshares, Inc.03-17
8-KNew Peoples Bankshares, Inc.02-24
8-KNew Peoples Bankshares, Inc.01-30
8-KNew Peoples Bankshares, Inc.01-16
10-QNew Peoples Bankshares, Inc.11-14
Wage trend
BLS QCEW · 2019–2023
$46.5k
avg. annual pay · +13% since 2019
Similar US counties
nearest by GDP
Butler$903.8MGreene$903.9MGreen Lake$904.2MThomas$904.7MUnion$904.8MFulton$905.1M
The read

Russell's economy produced $903.7M in 2024, growing 3.9% year over year — about the middle of the pack among 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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