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Places/Virginia/Galax city
County profile

Galax city

United States · US territory
EA Place Score
——
methodology in progress
GDP
no BEA GDP
GDP growth
1 yr only
Jobs tracked
4,771
Employers
311
Avg. wage
$40.1k
Population
6,670
Labor & formation
Unemployment
3.9%
Median HH income
$38.7k±$8.8k
Business applications
65 · 2025

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
Health care33%
Manufacturing24%
Retail trade23%
Food & accommodation13%
Other services3%
Finance & insurance3%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
6,670
residents · 2025 · -0.7% since 2020
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+105
International migration−6
Natural change−151

Real estate & risk

FHFA · ACS · FEMA
Median home value
$141.3k±$23.1k
Median gross rent
$743/mo±$65/mo
Vacancy rate
14.0%±4.5%
Affordability
3.5× wages
Residential permits
6 (0.9/1k pop)
FEMA risk score
6.8
HUD Fair Market Rent (2BR):$914/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 61Hurricane 46Landslide 38
FHFA HOUSE PRICE INDEX · 2016–2025
177
2016
168
2017
190
2018
188
2019
210
2020
222
2021
273
2022
299
2023
322
2024
323
2025

Transport access

BTS · FAA · USACE
Nearest interstate
13.7 km
I-77
Nearest freight rail
0.8 km
Freight rail
Nearest port
165.6 km
ELKHEM METALS CO., ALLOY DOCK
Nearest commercial airport
86.3 km
SMITH REYNOLDS
Wage trend
BLS QCEW · 2019–2023
$40.1k
avg. annual pay · +26% since 2019
The read

Galax city is home to 6,670 residents and 4,771 jobs across 311 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.
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