Places/VA/Westmoreland County, VA
County profile

Westmoreland County, VA

United States · GDP 2024
#2194 of 3,127 US counties by GDP27th-percentile growthmore diversified than 35% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$666.0M
BEA · 2024
GDP growth (YoY)
+1.6%
BEA · 2024
Jobs tracked
2,149
Census CBP · 2023
Employers
338
Census CBP · 2023
Avg. wage
$43.2k
BLS QCEW · 2023
Population
19,715
Census PEP · 2025
Labor, income & education
Unemployment
5.1%
Median HH income
$63.4k±$7.2k
Bachelor's degree+
22.5%±3.0%
Poverty rate
14.0%±3.0%
Business applications
271 · 2025
Retail establishments
53
27.4/10k 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
Manufacturing31%
Retail trade27%
Food & accommodation14%
Other services11%
Construction10%
Health care8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
19,715
residents · 2025 · +6.5% since 2020
Income per capita $56.3k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+1,649
International migration+3
Natural change441

GDP trend

20192024 · nominal
$487.9M
2019
$508.9M
2020
$529.3M
2021
$560.2M
2022
$655.3M
2023
$666.0M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$269.6k±$20.5k
Median gross rent
$1.0k/mo±$157/mo
Vacancy rate
28.8%±3.4%
Affordability
6.2× wages
Residential permits
$44.5M
214 units · 10.9/1k pop
FEMA risk score
37.4
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 87Drought 84Coastal flooding 65
FHFA HOUSE PRICE INDEX · 20162025
199
2016
205
2017
212
2018
219
2019
233
2020
262
2021
306
2022
338
2023
365
2024
355
2025
RESIDENTIAL PERMITS · 20212025
5% since 2021
203
2021
215
2022
215
2023
220
2024
214
2025

Transport access

BTS · FAA · USACE
Nearest interstate
61.5 km
I-95
Nearest freight rail
31.1 km
CSXT
Nearest port
21.8 km
SO STATES GRAIN DOCK KINSALE
Nearest commercial airport
81.4 km
RICHMOND INTL
Wage trend
BLS QCEW · 20192023
$43.2k
avg. annual pay · +35% since 2019
The read

What is the GDP of Westmoreland?

Westmoreland's economy produced $666.0M in 2024, growing 1.6% year over yearslower than 73% 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.