County profile
Galax city, Virginia
United States · US territory
EA Place Score
——methodology in progress
GDP
no BEA GDP
GDP growth (YoY)
1 yr only
Jobs tracked
4,771
Census CBP · 2023
Employers
311
Census CBP · 2023
Avg. wage
$40.1k
BLS QCEW · 2023
Population
6,670
Census PEP · 2025
Labor, income & education
Unemployment
4.2%
Median HH income
$38.7k±$8.8k
Bachelor's degree+
19.1%±4.4%
Poverty rate
31.1%±7.8%
Business applications
65 · 2025
Retail establishments
72
107.4/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
$1.5M
6 units · 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
1772016
1682017
1902018
1882019
2102020
2222021
2732022
2992023
3222024
3232025
RESIDENTIAL PERMITS · 2021–2025
↓ -33% since 202192021
102022
272023
102024
62025
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
Nearby & same-state counties
by GDP rankThe read
What is Galax city’s economy like?
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.