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Economic Atlas
Places/VA/Shenandoah
County profile

Shenandoah

United States · GDP 2024
#1178 of 3,127 US counties by GDP46th-percentile growthmore diversified than 75% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$2.3B
GDP growth
+4.0%
Jobs tracked
12,260
Employers
922
Avg. wage
$47.7k
Population
45,839
Labor & formation
Unemployment
3.6%
Median HH income
$67.2k±$6.2k
Business applications
516 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Shenandoah Telecommunications CompanyCommunication Services$357.9M64C2First National CorporationFinancial Services$14.3M47D

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
Manufacturing31%
Retail trade20%
Health care17%
Food & accommodation15%
Admin & support9%
Construction7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
45,839
residents · 2025 · +3.6% since 2020
Income per capita $59.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,817
International migration+446
Natural change−642

GDP trend

2019–2024 · nominal
$1.8B
2019
$1.8B
2020
$2.0B
2021
$2.1B
2022
$2.2B
2023
$2.3B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$294.9k±$11.0k
Median gross rent
$984/mo±$31/mo
Vacancy rate
16.0%±2.0%
Affordability
6.2× wages
Residential permits
191 (4.2/1k pop)
FEMA risk score
59.8
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 85Hurricane 80Strong wind 78
FHFA HOUSE PRICE INDEX · 2016–2025
272
2016
283
2017
291
2018
302
2019
311
2020
347
2021
391
2022
445
2023
469
2024
482
2025

Transport access

BTS · FAA · USACE
Nearest interstate
2.1 km
I-81
Nearest freight rail
2.9 km
NS
Nearest port
117.2 km
VULCAN MATERIALS WOODBRIDGE VA
Nearest commercial airport
71.8 km
SHENANDOAH VALLEY RGNL
Filing activity
SEC EDGAR

8 filings from 2 companies here in the last 90 days.

8-KShenandoah Telecommunications Company06-08
8-KFirst National Corporation05-14
8-KFirst National Corporation05-13
10-QFirst National Corporation05-13
10-QShenandoah Telecommunications Company05-01
8-KShenandoah Telecommunications Company05-01
8-KFirst National Corporation04-30
8-KShenandoah Telecommunications Company04-23
DEF 14AFirst National Corporation04-02
10-KFirst National Corporation03-25
Wage trend
BLS QCEW · 2019–2023
$47.7k
avg. annual pay · +23% since 2019
Similar US counties
nearest by GDP
Hancock$2.3BCatoosa$2.3BWalker$2.3BDaviess$2.3BCoffee$2.3BMountrail$2.3B
The read

Shenandoah's economy produced $2.3B in 2024, growing 4.0% year over year — about the middle of the pack among 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.
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