County profile
Charlottesville city, Virginia
United States · US territory
EA Place Score
——methodology in progress
GDP
no BEA GDP
GDP growth (YoY)
1 yr only
Jobs tracked
35,960
Census CBP · 2023
Employers
2,070
Census CBP · 2023
Avg. wage
$68.6k
BLS QCEW · 2023
Population
44,388
Census PEP · 2025
Labor, income & education
Unemployment
3.4%
Median HH income
$74.8k±$5.4k
Bachelor's degree+
62.5%±3.4%
Poverty rate
19.6%±1.8%
Business applications
774 · 2025
Retail establishments
277
62.1/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Virginia National Bankshares CorporationFinancial Services———2Adial Pharmaceuticals, Inc.Healthcare———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
Health care39%
Food & accommodation25%
Retail trade11%
Professional services11%
Other services8%
Admin & support7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
44,388
residents · 2025 · -4.4% since 2020
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−4,479
International migration+1,254
Natural change+1,164
Real estate & risk
FHFA · ACS · FEMA
Median home value
$486.7k±$16.0k
Median gross rent
$1.5k/mo±$63/mo
Vacancy rate
8.3%±1.7%
Affordability
7.1× wages
Residential permits
$226.4M
889 units · 20.0/1k pop
FEMA risk score
24.3
HUD Fair Market Rent (2BR):$1.8k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 84Earthquake 71Hurricane 69
FHFA HOUSE PRICE INDEX · 2016–2025
7342016
7992017
8472018
8812019
8982020
9682021
10852022
12432023
13302024
13232025
RESIDENTIAL PERMITS · 2021–2025
↑ 365% since 20211912021
1012022
592023
492024
8892025
Transport access
BTS · FAA · USACE
Nearest interstate
3.0 km
I-64
Nearest freight rail
0.1 km
NS
Nearest port
110.6 km
IMTT, RICHMOND TERMINAL WHARF
Nearest commercial airport
11.6 km
CHARLOTTESVILLE-ALBEMARLE
Filing activity
SEC EDGAR10 filings from 2 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$68.6k
avg. annual pay · +25% since 2019
Nearby & same-state counties
by GDP rankThe read
What is Charlottesville city’s economy like?
Charlottesville city is home to 44,388 residents and 35,960 jobs across 2,070 employers, led by health care. BEA does not publish state-level GDP for US territories, so no GDP figure is shown.
GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.