Places/VA/Smyth County, VA
County profile

Smyth County, VA

United States · GDP 2024
#1597 of 3,127 US counties by GDP36th-percentile growthmore diversified than 16% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$1.3B
BEA · 2024
GDP growth (YoY)
+2.9%
BEA · 2024
Jobs tracked
8,169
Census CBP · 2023
Employers
499
Census CBP · 2023
Avg. wage
$45.9k
BLS QCEW · 2023
Population
28,882
Census PEP · 2025
Labor, income & education
Unemployment
4.8%
Median HH income
$49.9k±$3.5k
Bachelor's degree+
16.8%±1.7%
Poverty rate
16.8%±2.1%
Business applications
263 · 2025
Retail establishments
108
37.1/10k 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%
Health care21%
Retail trade17%
Food & accommodation10%
Construction7%
Other services4%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
28,882
residents · 2025 · -3.0% since 2020
Income per capita $50.6k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+492
International migration+60
Natural change1,453

GDP trend

20192024 · nominal
$1.1B
2019
$1.0B
2020
$1.1B
2021
$1.2B
2022
$1.3B
2023
$1.3B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$139.6k±$10.0k
Median gross rent
$731/mo±$35/mo
Vacancy rate
16.1%±2.0%
Affordability
3.0× wages
Residential permits
$3.6M
12 units · 0.4/1k pop
FEMA risk score
57.8
HUD Fair Market Rent (2BR):$914/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 91Landslide 87Earthquake 62
FHFA HOUSE PRICE INDEX · 20162025
170
2016
176
2017
175
2018
182
2019
189
2020
201
2021
242
2022
254
2023
275
2024
293
2025
RESIDENTIAL PERMITS · 20212025
-29% since 2021
17
2021
14
2022
24
2023
40
2024
12
2025

Transport access

BTS · FAA · USACE
Nearest interstate
2.5 km
I-81
Nearest freight rail
1.6 km
NS
Nearest port
145.4 km
ELKHEM METALS CO., ALLOY DOCK
Nearest commercial airport
87.8 km
TRI-CITIES
Wage trend
BLS QCEW · 20192023
$45.9k
avg. annual pay · +27% since 2019
The read

What is the GDP of Smyth?

Smyth's economy produced $1.3B in 2024, growing 2.9% year over yearslower than 64% 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.